Procurement Lead

Noveon Magnetics, Inc.; San Marcos (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive Base

Medical/Dental/Vision insurance on day

Health Saving Account (HSA)

Employee Assistance Program

401(k) retirement plan and match

Long Term Disability

Short Term Disability

Paid Time Off

Company Paid Holidays

Job summary

Noveon Magnetics, based in San Marcos, TX, seeks a Procurement Lead to manage day-to-day buying activities and ensure uninterrupted material flow for magnet manufacturing. You will own PO execution, supplier performance, and inventory replenishment, translating production demand into cost-effective actions.

This role requires strategic thinking, technical fluency in rare earth markets, and hands-on procurement execution.

Qualifications

• Bachelor's degree in a related field required.
• 5+ years of progressive procurement and supply chain experience, including leadership.
• Experience negotiating long-term supply agreements with significant dollar value.
• Strong financial acumen and cost modeling abilities.
• Experience with geopolitically complex supply chains (ITAR, EAR, etc.).

Responsibilities

• Execute and manage purchase orders from requisition to receipt with pricing accuracy.
• Convert demand signals into timely buying to maintain target inventory and safety stock.
• Expedite/de-expedite orders to align supply with production schedules.
• Monitor supplier delivery performance and hold vendors accountable for lead times and quality.
• Own monthly spend analytics, supplier scorecards, and procurement KPIs.

Skills

Negotiation

Leadership

Executive communication

Financial acumen

Education

Bachelor's degree in Supply Chain, Engineering, Materials Science, Business, or a related field

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.

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