Purchasing Manager

Dexter Magnetic Technologies; Elk Grove Village (IL); On-site; USD 120,000 - 140,000; Full time

Benefits offered by this job

Medical/Dental/Vision

401(k) with company match

Tuition assistance

Paid time off

11 paid holidays

Job summary

Permag is a leading provider of engineered magnetic solutions, spanning Dexter Magnetic Technologies, EEC, and MCE. The Purchasing Manager will lead strategic/global sourcing, supplier development, and a cross-site team to ensure supply continuity, improved performance, and cost reductions.

The role requires 7+ years in purchasing/supply chain in a high-mix, low-volume manufacturing setting, strong ERP/MRP skills (EPICOR preferred), and the ability to travel.

Qualifications

• Bachelor’s degree in a related field is required.
• 7+ years in progressive purchasing or supply chain with leadership responsibility.
• Experience in high-mix, low-volume manufacturing environments preferred.
• Global sourcing and multi-site supplier management experience required.
• Advanced Excel and ERP/MRP experience; EPICOR knowledge a plus.

Responsibilities

• Execute global sourcing strategies for raw materials, components, machining, outside processing, MRO, and other manufacturing requirements.
• Identify, evaluate, qualify, and develop domestic and international suppliers.
• Lead RFQ/RFP processes, supplier negotiations, cost analysis, and sourcing decisions.
• Negotiate pricing, lead times, payment terms, capacity commitments, and commercial agreements.
• Develop dual-source and localization strategies to reduce risk and drive savings.
• Lead and develop Buyers and Purchasing professionals across multiple locations.

Skills

Global sourcing

Supplier management

Leadership

ERP/MRP experience

Advanced Excel

Education

Bachelor's degree in Supply Chain, Business, Engineering, Operations, or related field

Tools

EPICOR

Job description

Permag is a leading provider of engineered magnetic solutions through its portfolio of specialized brands—Dexter Magnetic Technologies, Electron Energy Corporation (EEC), and Magnetic Component Engineering (MCE). With deep expertise in rare earth materials precision magnetics, and manufacturing excellence, Permag delivers innovative, high-performance solutions for the world’s most demanding industries.

Position Summary

The Purchasing Manager is responsible for leading strategic and operational purchasing activities across a multi-site manufacturing organization operating in a high-mix, low-volume machining and assembly environment. This role leads the Purchasing team, ensures continuity of supply, improves supplier performance, and drives cost, quality, delivery, and working-capital improvements. The position establishes disciplined supplier management processes including supplier development, scorecards, performance reviews, risk management, and corrective actions.

Key Responsibilities

• Execute global sourcing strategies for raw materials, components, machining, outside processing, MRO, and other manufacturing requirements.
• Identify, evaluate, qualify, and develop domestic and international suppliers.
• Lead RFQ/RFP processes, supplier negotiations, cost analysis, and sourcing decisions.
• Negotiate pricing, lead times, payment terms, capacity commitments, and commercial agreements.
• Develop dual-source and localization strategies to reduce supply-chain risk and drive year-over-year savings.
• Lead and develop Buyers and Purchasing professionals supporting multiple manufacturing locations.
• Establish standardized purchasing processes, policies, KPIs, and operating cadence across sites.
• Align purchasing priorities with production schedules, customer requirements, and business objectives.
• Develop team capabilities in sourcing, negotiation, supplier management, ERP execution, and problem solving.
• Develop and maintain a capable, competitive, and reliable global supplier base.
• Establish supplier development plans for strategic and underperforming suppliers.
• Partner with Supplier Quality and Operations to improve supplier quality, delivery, capacity, responsiveness, and lead time.
• Conduct supplier business reviews, site visits, capacity assessments, risk reviews, and corrective action follow-up.
• Establish and maintain supplier scorecards covering Quality, Delivery, Cost, Responsiveness, and Continuous Improvement.
• Lead monthly and quarterly supplier performance reviews and monitor OTD, PPM/quality, past-due orders, lead times, responsiveness, and cost.
• Develop supplier action plans based on scorecard performance and use results to support sourcing, allocation, and supplier development decisions.

Operational Purchasing & Supply Assurance

• Ensure material availability supports production schedules and customer delivery requirements.
• Establish disciplined management of open purchase orders, supplier acknowledgments, promise dates, and past-due orders.
• Partner with Planning to identify shortages, manage supplier capacity constraints, and develop recovery plans.
• Ensure accurate purchasing data, supplier lead times, pricing, and delivery commitments within the ERP/MRP system.

Cross-Functional Leadership & Continuous Improvement

• Partner with Engineering and Quality on new product introductions, supplier qualifications, and sourcing decisions.
• Support SIOP with supplier capacity, material availability, lead-time, and supply-risk inputs.
• Drive continuous improvement, make-versus-buy, outsourcing, localization, and capacity initiatives.

Qualifications

• Bachelor's degree in Supply Chain, Business, Engineering, Operations, or related field required.
• 7+ years of progressive purchasing, strategic sourcing, or supply chain experience with demonstrated leadership responsibility.
• Strong experience in a high-mix, low-volume machining and/or assembly manufacturing environment.
• Demonstrated global sourcing, international supplier management, and multi-site team leadership experience.
• Strong experience with supplier development, scorecards, performance reviews, negotiations, and corrective actions.
• Advanced Excel and ERP/MRP experience; EPICOR experience is a plus. APICS CPIM or CSCP certification preferred.
• Ability to travel domestically and internationally as required.

Targeted Salary Range: $120,000-$140,000 + bonus

We offer a comprehensive benefits package, including Medical/Rx, Dental, Vision, Flexible Spending Accounts, Basic Life/AD&D (includes coverage for dependents 100% Company paid), Short-Term Disability, Long-Term Disability (100% Company paid), Supplemental Life/AD&D, 401(k) with Company match, tuition assistance after 1 year, paid time off, and 11 paid holidays.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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