Home
Definition of MM
Integrated MM
Materials Research

Materials Mgt Vocabulary
Articles on MM
Videos
Updates
Presentations
Supply Chain Management
E-book on Stores
YouTube Channel on MM
 

Interested in our updates?
Click here
We respect your privacy
 
 

Scope of a Materials Manager

The Buyer/Planner is responsible for all aspects of procurement functions including source selection, material planning and logistics, supplier relationship management administration, and purchase order processing/tracking for production materials and indirect supplies, services and equipment purchasing. All materials, supplies, services and equipment purchases are to be executed efficiently for the best total cost management, which includes supplier delivery performance, quality, cost, and service. The position is further responsible for the development of continually improving procurement strategies in cooperation with the management team and peers of the successful candidate.

 

           Position Requirements:
a. Essential Job Functions:
* Secures and analyzes competitive quotations, negotiates prices and terms, and recommends suppliers with respect to cost, quality, and delivery performance competitiveness. All sourcing decisions will consider suppliers' service and abilities to further the companies' strategic objectives.
* Coordinates and analyzes material forecasts for efficient and timely replenishment while managing;
* A consistent flow of material receipts.
* Increasing inventory turns.

* Reducing inventory total value.

* Initiates and administers purchase orders, blanket purchase orders and amendments for products, materials, supplies, equipment and services. Coordinate acquisition of samples to support source selection activities and /or provide for first article inspections. Provide close coordination with production, fulfillment, and other requesting peers/departments to assure timely execution and delivery of required purchases.

* Works closely with peers and management to implement and continually improve procurement strategies and processes.

* Studies market prices and trends, engineering developments, and manufacturing /fulfillment method improvements and advises company activities with the concurrence of Director, Procurement and Contracts. Performs competitive analysis to determine best industry practices for competitive advantage.
 

* Interviews and communicates with current and prospective suppliers to determine the following capabilities :

  • Supply and Replenishment

  • Transportation logistics

  • Inventory control and management

  • Systems and EDI

  • Service Provisioning

    

* Tracks and reports suppliers' and the department's performance against established metrics. Performs root cause analysis in cooperation with peer departments and management to correct problems and/or improve performance against all measurements.
* Performs other related duties as required/assigned.

 

b. Required Skills/Experience:
* Personal computer skills are required. Experience in MS Word, Excel, PowerPoint and Outlook is strongly preferred.
* In depth knowledge of purchasing and accounting processes and practices is required.
* Must have excellent verbal and written communication skills. Leadership: a demonstrated ability to lead people and get results through others.
c. Educational Requirements:
* Bachelors degree in business administration with two (2) years of

progressively responsible purchasing and materials control experience or an equivalent combination of education and experience.