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Procurement and Inventory Control Specialist

Verathon Inc

This is a Full-time position in New York, NY posted August 8, 2021.

Procurement and Inventory Control Specialist

Phase Analyzer Company, a business unit of PAC, designs, manufactures, sells and services test instruments to measure cold flow properties.

The company’s customers include oil refineries, commercial laboratories, fuel distributors, terminals, blenders, aviation companies, and military.

We are seeking an experienced supply chain professional to plan and execute procurement of materials, parts, equipment, and supplies for the company.

Responsibilities:
Works with Production Supervisor to understand major sub-assemblies and production sequence to establish required inventory levels and procurement strategies for parts supply.

Prepares purchase orders and follows up on timely delivery to support operational needs.

Sources and engages reliable suppliers and vendors.  Builds and maintains long term relationships with vendors.

Creates and maintains item master data for procured parts in ERP system.  Performs Inventory analysis and works on planning and execution of projects to increase inventory turns and decrease inventory value.

Performs spend analysis and works on planning and execution of contracts with key vendors, while driving cost optimization initiatives.

 Negotiates contracts to secure advantageous terms, while balancing cost, quality, and service of procured items.

 Reviews Risk and Opportunities related to procurement activities and proactively creates plans for mitigation of risks.

 Supports R&D in identification and qualification of suppliers for components or partner manufacturers for new developments.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education & Experience: 
Bachelor’s degree in supply chain management, logistics, or business administration from college or university.

Three to five years related work experience and/or training; or an equivalent combination of education and experience.

APICS, CPIM, and CPSM certifications will be considered as asset.

Lean/Lean Sig Sigma Training and experience with deployment of Lean projects will be considered an asset.

Skills:
Excellent analytical and problem-solving skills.

Excellent knowledge and experience working with ERP system/s.

Proficiency with MS Office including: performing analysis using Excel and good knowledge of Power Point.

Excellent written and verbal communications skills