Procurement Lead

Noveon Magnetics, Inc.; San Marcos (TX); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Competitive Base

Medical/Dental/Vision insurance on day

Job summary

Noveon Magnetics in San Marcos, TX is seeking a Procurement Lead to manage day-to-day buying, PO execution, inventory replenishment and supplier performance, translating production demand into timely procurement actions.

You will own spend analytics, develop risk mitigation, and collaborate with production and accounts payable to ensure continuous supply of raw materials and MRO. The role requires strategic thinking and hands-on execution, with SAP S/4HANA expertise.

Qualifications

• Bachelor's degree in Supply Chain, Engineering, Materials Science, Business, or related field.
• 5+ years of progressive procurement and supply chain experience, with at least 3 years in a leadership role.
• Proven ability to negotiate complex, long-term supply agreements with significant value.
• Strong financial acumen — cost modeling, TCO analysis, working capital trade-offs.
• Experience managing supply chains with geopolitical or regulatory complexity (ITAR, EAR, etc.).
• Exceptional interpersonal, negotiation, and executive communication skills.
• Proficient in SAP S/4HANA, with hands-on experience configuring and maintaining MRP parameters.

Responsibilities

• Execute and manage purchase orders from requisition to receipt with accurate pricing and lead times.
• Convert demand signals into timely buying actions to maintain target inventory and safety stock.
• Expedite and de-expedite orders to align supply with production schedules and resolve issues.
• Monitor supplier delivery performance (OTIF) and hold vendors to lead times and quality.
• Own monthly spend analytics and supplier scorecards and present insights to leadership.
• Develop and maintain supply risk mitigation strategies and alternate-supplier qualification.
• Monitor market conditions and pricing to inform sourcing and inventory decisions.
• Resolve invoice, receipt, and PO discrepancies with Accounts Payable and Receiving.
• Maintain item master, vendor, pricing, and lead-time data in ERP.

Skills

Leadership

Negotiation

Executive communication

Cost modeling

Supply chain management

Education

Bachelor's degree in Supply Chain

Tools

SAP S/4HANA

Job description

We’re pragmatic in our understanding of what the earth needs to move towards a sustainable, high-tech future. It’s our passion, however, that drives everything we do. It’s present in every level of our business and every step of our process. We work to inspire—to show the world there is a better way. And that better way isn’t decades in the future; with us, it’s now.

We are a team of scientists and engineers with diverse backgrounds, drawing on expertise in chemistry, physics, engineering, mathematics, computer science and automation. We are continuously seeking to grow our team with people who demonstrate outstanding integrity, intelligence, hunger, accountability and the passion for learning. Positions that we are actively hiring for are listed below. However, we will hire exceptional individuals irrespective of our current job openings.

Location: San Marcos, TX

Job Id:563

# of Openings:0

Job Title: Procurement Lead

Reports to: Chief Operating Officer

We have one goal: to manufacture quality magnets! We are looking for exceptional individuals who want to learn, build, and lay a foundation for our company for the years to come.

About this role

The Procurement Lead manages day-to-day operational and tactical buying activities toensure uninterrupted material flow supporting Noveon’s magnet manufacturing operations.This role owns purchase order execution, supplier delivery performance, and inventoryreplenishment, translating production demand signals into timely, cost-effectiveprocurement actions. The Procurement Lead also owns spend analytics and supplierperformance reporting, manages structural supply risk for critical materials, and partnersclosely with production, planning, and accounts payable to maintain continuity of supply forraw materials, MRO, and indirect spend.

This role requires a rare combination of strategic thinking, technical fluency in rare earth and advanced materials markets, and hands-on procurement execution capability.

What good is a job without great benefits to reward your hard work?

What We Have To Offer:

• Competitive Base
• Medical/Dental/Vision insurance on day 1 of employment
• Health Saving Account (HSA) with Employer contribution
• Employee Assistance Program
• 401(k) retirement plan and match program
• Long Term Disability (Employer Paid)
• Short Term Disability (Employer Paid)
• Paid Time Off (eligible after 90 days of employment)
• Company Paid Holidays

Diversity

At Noveon Magnetics, we believe our diversity makes us who we are, and we strive every day to build a culture where everyone feels welcome.

What You’ll Be Doing:

• Executing and managing purchase orders from requisition through receipt, ensuringaccuracy of pricing, quantities, lead times, and delivery dates.
• Converting demand and replenishment signals into timely buying actions to maintaintarget inventory and safety stock levels without overstocking.
• Expediting and de-expediting orders to align supply with shifting productionschedules and resolve shortages, delays, and discrepancies.
• Monitoring and driving supplier delivery performance (OTIF), holding vendorsaccountable to committed lead times and quality requirements.
• Owning monthly spend analytics and supplier scorecard reporting, including savingspipeline tracking and procurement KPI reporting, and present insights to supply chainand finance leadership.
• Developing and maintaining supply risk-mitigation strategies, including assurance ofsupply, single-source risk reduction, alternative-supplier qualification, and exposureto tariff and critical-material availability.
• Monitoring market conditions and pricing for assigned categories, providing marketintelligence to inform sourcing and inventory decisions for critical raw materials.
• Resolving invoice, receipt, and PO discrepancies in partnership with Accounts Payableand Receiving.
• Maintaining accurate item master, vendor, pricing, and lead-time data in the ERPsystem.
• Managing MRO and indirect spend buying, identifying tactical cost-savings andconsolidation opportunities.
• Supporting strategic sourcing initiatives by providing transactional data, spendanalysis, and supplier performance input.
• Ensuring procurement activity complies with internal controls, approval authoritymatrices, and audit requirements.

We are looking for someone who:

• Has a bachelor's degree in Supply Chain, Engineering, Materials Science, Business, or a related field
• Brings 5+ years of progressive procurement and supply chain experience, with atleast 3 years in a leadership role
• Has a proven ability to negotiate complex, long-term supply agreements withsignificant dollar value
• Possesses strong financial acumen — comfortable with cost modeling, TCO analysis,and working capital trade-offs
• Has experience managing supply chains with geopolitical or regulatory complexity(ITAR, EAR, conflict minerals, country-of-origin requirements)
• Can demonstrate exceptional interpersonal, negotiation, and executive communicationskills
• Is proficient in SAP S/4HANA, with hands‑on experience configuring and maintainingMRP parameters

Preferably:

• Has direct experience with rare earth, magnet, or advanced materials supply chains
• Has experience working with or selling to U.S. Department of Defense or government prime contractors
• Holds an MBA or advanced degree
• Holds APICS CSCP, ISM CPSM, or equivalent professional certification
• Has prior experience in a high-growth, private-equity or venture-backed manufacturing environment

Physical Requirements:

• Prolonged periods sitting at a desk, phone use, and working on a computer.
• Must be able to lift/move up to 15 pounds at times.
• Ability to wear required PPE when on production floor.

About Noveon Magnetics

At Noveon Magnetics, we’re reimagining the rare earth magnet industry and changing the way we electrify the world. We’re a fast-growing, diverse team of scientists, engineers, entrepreneurs, and innovators from across the globe united by a shared mission to support the commercialization of our magnet manufacturing technology and forge a new path toward resource efficiency, resource independence and a low-carbon economy.

As the only U.S manufacturer of permanent rare earth magnets essential to a range of technologies that rely on an electric motor--from electric vehicles to medical devices to aerospace and defense systems to clean energy--we’re ushering in an electric future that is 100% Made in America. All our operations, from R&D through production, assembly, and delivery, are conducted out of our state-of-the-art manufacturing center in San Marcos, Texas.

Noveon Magnetics is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and include negotiated service rates and out-of-network allowed amounts between health plans and health care providers. The machine-readable files are formatted to allow researchers, regulators and application developers to more easily access and analyze data.