Purchasing Agent
Team Kline
Date: 20 hours ago
City: Cedar Rapids, IA
Contract type: Full time
Job Title: Purchasing Agent
Reports to: Senior Purchasing Agent
Direct Reports: None
Job Summary:
Responsible for sourcing, purchasing, and managing materials, equipment, and services necessary for the company's operations. Work closely with suppliers and internal teams to ensure purchases are cost-effective, high quality, delivered on time, and compliant with company policies and industry standards. Manage inventory Min/Max levels for branches to optimize stock turns while reducing excess inventory. Requires strong negotiation skills, attention to detail, and the ability to manage multiple tasks in a fast-paced environment.
Key Responsibilities:
Reports to: Senior Purchasing Agent
Direct Reports: None
Job Summary:
Responsible for sourcing, purchasing, and managing materials, equipment, and services necessary for the company's operations. Work closely with suppliers and internal teams to ensure purchases are cost-effective, high quality, delivered on time, and compliant with company policies and industry standards. Manage inventory Min/Max levels for branches to optimize stock turns while reducing excess inventory. Requires strong negotiation skills, attention to detail, and the ability to manage multiple tasks in a fast-paced environment.
Key Responsibilities:
- Identify and evaluate cost-effective methods to procure materials, equipment, and services to maximize margin.
- Source and evaluate suppliers to ensure quality, cost-effectiveness, and reliability.
- Negotiate prices, terms, and contracts with suppliers to secure the best deals.
- Monitor inventory levels and collaborate with internal teams to forecast demand and ensure timely replenishment of stock.
- Manage material Min/Max levels for assigned branches to optimize inventory turns and reduce excess stock.
- Monitor stock levels across locations and coordinate internal transfers as needed.
- Prepare and process purchase orders accurately and in compliance with company policies and procedures.
- Process Return to Vendor (RTV) transactions in accordance with company guidelines.
- Collaborate with the quality assurance team to ensure purchased materials and equipment meet company standards and specifications.
- Communicate status updates regarding late deliveries, cost changes, and supplier issues to Project Managers and relevant stakeholders.
- Manage supplier performance through scorecards and initiate corrective actions when necessary.
- Build and maintain strong relationships with suppliers to ensure consistent quality and service.
- Own and report on Purchase Price Variance (PPV) metrics.
- Conduct cost analysis and market trend reviews to identify savings and optimize purchasing decisions.
- Ensure all purchasing activities comply with company policies, industry regulations, and ethical standards.
- Address and resolve issues related to delivery, quality, or pricing discrepancies with suppliers.
- Communicate status of late deliveries and cost increases with Project Managers
- Bachelor’s degree in management, supply chain, or a related field, plus a minimum of 3 years relevant experience; OR minimum of 5 years purchasing experience in lieu of degree.
- Strong negotiation, communication, and organizational skills.
- Proficiency with purchasing software and inventory management systems.
- Ability to analyze data and make informed purchasing decisions.
- Strong problem-solving skills and ability to work under pressure.
- Knowledge of market trends, supplier sourcing strategies, and cost analysis.
- Familiarity with the construction or electrical contracting industries.
- Certification in purchasing or supply chain management (e.g., CPSM, CPIM).
- Prolonged periods of sitting at a desk and working on a computer.
- Frequent use of telephone and computer for communication.
- Occasional lifting of office supplies, files, and equipment up to 20 pounds.
- Ability to move freely around the office to access files, equipment, and interact with team members.
- Regularly required to talk or hear and occasionally required to stand, walk, and reach with hands and arms.
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