Materials Planning and Vendor Relations Manager

Torrey Holistics

Indianapolis (IN)

On-site

USD 60,000 - 90,000

Full time

10 days ago
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Job summary

Torrey Holistics is seeking a dedicated Inventory & Procurement Specialist to manage materials flow from planning to receipt in our Indianapolis operation. You will oversee inventory levels, purchase orders, supplier relationships, and ensure precise documentation while driving cost efficiency.

The role emphasizes cycle counts, vendor negotiations, ERP/MRP usage, and ongoing improvement of purchasing policies across warehouse and office settings.

Qualifications

  • High school diploma or equivalent; further education in business or supply chain preferred.
  • Experience in inventory management, purchasing, or warehouse operations.
  • Strong organization and time management skills.
  • Excellent attention to detail and accuracy.
  • Clear communication and negotiation abilities.
  • Proficiency in Microsoft Office, especially Excel.
  • Ability to work independently and make purchasing decisions.

Responsibilities

  • Inventory Planning & Control: manage daily inventory levels across SKUs.
  • Procurement & Sourcing: prepare and issue purchase orders; negotiate terms.
  • Supplier & Cross-Functional Collaboration: maintain vendor relationships and coordinate deliveries.
  • Reporting & Continuous Improvement: provide inventory and vendor performance reports; improve controls.
  • Maintain documentation and adhere to policies; support audits and reconciliations.
  • Assist in cost reduction initiatives and optimize purchasing workflows.

Skills

Organization
Attention to detail
Communication
Negotiation
Excel skills
Analytical mindset
Multi-tasking

Education

High school diploma or equivalent
Education in business, supply chain, purchasing or related field

Tools

ERP & MRP Systems
Inventory management software
Purchasing software
Accounting software

Job description

Lead the Flow of Materials from Plan to ReceiptOwn materials availability, purchasing execution, and supplier partnerships. Drive accuracy, speed, and cost efficiency across the inventory lifecycle while ensuring impeccable documentation and policy compliance.Core ResponsibilitiesInventory Planning & ControlManage daily inventory levels to maintain adequate stock across SKUs.Monitor usage rates, reorder points, and product demand to anticipate needs.Perform regular cycle counts and support physical inventory audits.Investigate and resolve inventory discrepancies with corrective actions.Maintain accurate, up-to-date records within inventory/accounting systems.Identify slow-moving, excess, damaged, or obsolete items and propose disposition.Procurement & SourcingPrepare and issue purchase orders in alignment with company requirements.Research products, pricing, availability, and evaluate potential suppliers.Negotiate pricing, delivery schedules, and commercial terms.Ensure all purchases meet company standards and specifications.Track orders end-to-end from placement through delivery.Continuously monitor costs and identify purchasing expense reduction opportunities.Maintain organized purchasing and inventory documentation.Ensure adherence to company policies, approval workflows, and purchasing controls.Supplier & Cross-Functional CollaborationDevelop and sustain professional relationships with vendors and suppliers.Coordinate with receiving and warehouse teams to verify accurate deliveries.Communicate inventory shortages, purchasing concerns, and vendor issues to management.Reporting & Continuous ImprovementProvide reports on inventory levels, purchasing activity, cost trends, and vendor performance.Assist in developing and enhancing inventory controls and purchasing procedures.Support other operational duties as assigned by management.QualificationsHigh school diploma or equivalent required; additional education in business, supply chain, purchasing, or related field preferred.Prior experience in inventory management, purchasing, warehouse operations, or related areas preferred.Strong organization and time management abilities.Excellent attention to detail and accuracy.Clear communication and effective negotiation skills.Proven ability to work independently and make sound purchasing decisions.Proficiency in Microsoft Office with advanced Excel skills.Experience with inventory, purchasing, or accounting software preferred.Analytical mindset with the ability to interpret inventory and purchasing data.Comfortable prioritizing multiple tasks in a fast-paced environment.Physical DemandsSitting, standing, walking, bending, and movement throughout the workplace as needed.Occasional lifting or moving of boxes, supplies, and inventory.Ability to conduct physical inventory counts when required.Work across warehouse, office, and operational areas as necessary.Performance OutcomesAccurate inventory records and data integrity.Prevention of stockouts and avoidance of excess inventory.Reduced purchasing costs and identified cost-saving opportunities.Strong, reliable vendor relationships.Timely ordering and dependable delivery of materials and products.Adherence to purchasing, inventory, safety, and operational policies.Consistent professionalism, accountability, and reliability.Tools & ExpertiseVendor & Supplier ManagementERP & MRP SystemsInventory Management & ControlSourcing and Procurement ExperienceInternational Sourcing ExperienceOnshoring Strategy and Process Experience
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