Procurement Lead

Noveon Magnetics Inc.; San Marcos (TX); On-site; USD 110,000 - 160,000; Full time

Job summary

Noveon Magnetics in San Marcos, Texas, seeks a Procurement Lead to manage day-to-day purchasing activities, spend analytics, and supplier performance for magnet manufacturing. This role owns PO execution, supplier delivery, inventory replenishment, and cross-functional collaboration with production and accounts payable.

This position requires strategic thinking, hands-on procurement execution, and deep knowledge of rare earth materials markets.

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 leadership.
• Experience negotiating complex, long-term supply agreements.
• Strong financial acumen with cost modeling and TCO analysis.
• Experience managing supply chains with geopolitical or regulatory complexity.
• Excellent interpersonal, negotiation, and executive communication skills.
• Proficiency in SAP S/4HANA with hands-on MRP parameters.

Responsibilities

• Executing and managing purchase orders from requisition through receipt, ensuring accuracy of pricing, quantities, lead times, and delivery dates.
• Converting demand and replenishment signals into timely buying actions to maintain target inventory and safety stock levels without overstocking.
• Expediting and de‑expediting orders to align supply with shifting production schedules and resolve shortages, delays, and discrepancies.
• Monitoring and driving supplier delivery performance (OTIF), holding vendors accountable to committed lead times and quality requirements.
• Owning monthly spend analytics and supplier scorecard reporting, including savings pipeline tracking and procurement KPI reporting, and present insights to supply chain and finance leadership.
• Developing and maintaining supply risk‑mitigation strategies, including assurance of supply, single‑source risk reduction, alternative‑supplier qualification, and exposure to tariff and critical‑material availability.
• Monitoring market conditions and pricing for assigned categories, providing market intelligence to inform sourcing and inventory decisions for critical raw materials.
• Resolving invoice, receipt, and PO discrepancies in partnership with Accounts Payable and Receiving.
• Maintaining accurate item master, vendor, pricing, and lead‑time data in the ERP system.
• Managing MRO and indirect spend buying, identifying tactical cost‑savings and consolidation opportunities.
• Supporting strategic sourcing initiatives by providing transactional data, spend analysis, and supplier performance input.
• Ensuring procurement activity complies with internal controls, approval authority matrices, and audit requirements.

Skills

Procurement leadership

Negotiation

Financial acumen

Executive communication

SAP S/4HANA

Education

Bachelor's degree in related field

Tools

SAP S/4HANA

Job description

Location: San Marcos, TexasWe 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.

Job Title: Procurement LeadReports to: Chief Operating OfficerLocation: San Marcos, TexasWe 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 to ensure uninterrupted material flow supporting Noveon’s magnet manufacturing operations. This role owns purchase order execution, supplier delivery performance, and inventory replenishment, translating production demand signals into timely, cost-effective procurement actions. The Procurement Lead also owns spend analytics and supplier performance reporting, manages structural supply risk for critical materials, and partners closely with production, planning, and accounts payable to maintain continuity of supply for raw 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)
• Sick Leave
• 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, ensuring accuracy of pricing, quantities, lead times, and delivery dates.
• Converting demand and replenishment signals into timely buying actions to maintain target inventory and safety stock levels without overstocking.
• Expediting and de‑expediting orders to align supply with shifting production schedules and resolve shortages, delays, and discrepancies.
• Monitoring and driving supplier delivery performance (OTIF), holding vendors accountable to committed lead times and quality requirements.
• Owning monthly spend analytics and supplier scorecard reporting, including savings pipeline tracking and procurement KPI reporting, and present insights to supply chain and finance leadership.
• Developing and maintaining supply risk‑mitigation strategies, including assurance of supply, single‑source risk reduction, alternative‑supplier qualification, and exposure to tariff and critical‑material availability.
• Monitoring market conditions and pricing for assigned categories, providing market intelligence to inform sourcing and inventory decisions for critical raw materials.
• Resolving invoice, receipt, and PO discrepancies in partnership with Accounts Payable and Receiving.
• Maintaining accurate item master, vendor, pricing, and lead‑time data in the ERP system.
• Managing MRO and indirect spend buying, identifying tactical cost‑savings and consolidation opportunities.
• Supporting strategic sourcing initiatives by providing transactional data, spend analysis, and supplier performance input.
• Ensuring procurement activity complies with internal controls, approval authority matrices, 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 at least 3 years in a leadership role
• Has a proven ability to negotiate complex, long‑term supply agreements with significant 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 communication skills
• Is proficient in SAP S/4HANA, with hands‑on experience configuring and maintaining MRP 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.