Purchasing Manager

Hydraquip, Inc.; Houston (TX); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with company match

Employee stock ownership plan (ESOP)

Job summary

Hydraquip, Inc. is seeking a Purchasing Manager to supervise a purchasing team, optimize inventory levels, and drive cost-effective procurement. You will develop strategy, enforce policies, and report KPIs to support profitability and customer demand.

Qualifications include a Bachelor's in a related field and 3–5 years in purchasing. ISO 9001 experience is a plus. The role offers a competitive benefits package in Houston, TX.

Qualifications

• Bachelor's degree in supply chain or related field.
• 3–5 years of experience in procurement, purchasing, or related field.
• ISO 9001 experience is a plus.

Responsibilities

• Develop procurement strategy to optimize purchasing and costs.
• Lead and coach the purchasing team; set expectations & roles.
• Maintain accurate supplier pricing, discounts & data records.
• Develop and report KPIs for inventory and supplier performance.
• Process purchase requisitions aligning with policies and budgets.
• Ensure proper procurement documents and terms are correct.
• Oversee procurement of select product lines.
• Lead recruitment and training for the purchasing team.
• Conduct performance evaluations and KPI tracking.
• Support continuous improvement and ISO 9001 compliance.
• Perform other duties as assigned.

Skills

Procurement

Negotiation

Leadership

Communication

Analytical skills

Microsoft Excel

Education

Bachelor's degree in supply chain, industrial distribution, business administration, management, or related field

Certificate in Inventory Management

Tools

Procurement software

ERP systems

Microsoft Office Suite

Job description

The Purchasing Manager is responsible for supervising and leading a team of purchasing associates, ensuring cost-effective purchases and the efficient use of company resources, and optimizing inventory levels to meet customer demand and maximize profitability of the organization.

Responsibilities:

• Procurement Strategy - develop the future direction of the purchasing department to optimize the purchasing process, adopt new technology to enhance purchasing efficiencies and enhance the overall outcome of purchasing for Hydraquip
• Own and enforce company policies and procedures pertaining to the purchase of inventory and non-inventory material and other relevant procurement activities
• Establish and maintain standards for the upkeep of accurate current and historical records and system data pertaining to supplier pricing, discounting, and other relevant procurement information
• Develop and report on key performance indicators (KPIs) and measurements related to inventory management and supplier performance
• Manage purchase requisitions from the sales staff to ensure alignment with company policies, goals, and budgetary constraints
• Make certain that purchasing documents are completed properly and the terms and conditions of purchase are appropriate
• Responsible for the procurement of a select number of product lines
• Oversee and manage the daily activities of the purchasing team, set clear expectations, provide guidance, and ensure that team members understand their roles and responsibilities
• Participate in the recruitment and hiring process for the purchasing team, selecting qualified candidates. Develop and implement training programs to enhance the skills and knowledge of team members
• Conduct regular performance evaluations and provide feedback to team members. Establish key performance indicators (KPIs) and track team performance against set targets
• Support and participate in the organization's continual improvement program and conform to ISO 9001:2015 requirements by complying with the Quality Policy and procedures and meeting Quality Management System objectives.
• Other duties as assigned

Requirements

EDUCATION AND TRAINING

• Bachelor's degree in supply chain, industrial distribution, technical field, business administration, management, or a related field preferred
• Completed certificate in Effective Inventory Management or similar course is preferred
• Experience as described below may be accepted in lieu of education

Experience

• Three (3) to five (5) years of experience in supply chain, purchasing, distribution or related field
• Education as described above may be accepted in lieu of experience
• Experience working in an ISO 9001 environment is considered a plus

Knowledge And Skills

• Proven experience in procurement and supply chain management
• Strong negotiation and communication skills
• Knowledge of procurement software and tools
• Familiarity with relevant laws and regulations
• Strong analytical and quantitative skills, with the ability to collect, organize, analyze, and interpret data to make informed decisions
• Leadership and team management skills
• Able to communicate effectively before groups of customers, vendors, and groups of customers and employees of organization.
• Proficient in performing numerical calculations involving discounts, interest rates, fractions, and percentages
• Knowledgeable in Microsoft Office Suite (Word, Excel, Outlook)

We offer a competitive salary and benefits package, including medical, dental, vision, life and disability insurance, and 401(k) plans with company match. A unique benefit Hydraquip offers as part of Employee Owned Holdings, Inc. is an employee stock ownership plan.

What is an ESOP?

ESOP is a special retirement program that allows employees to own stock in the company. When you join EOHI, you automatically begin investing in your future (without having to purchase shares). We are a high growth company committed to training our employee owners to develop their skills and advance in their careers.

• Studies also show that retirement account balances for ESOP companies are 2.5 times higher
• ESOP companies grow 2.5 times faster than those companies without employee ownership
• Research shows employee owned companies are superior in performance, employee benefits and employee morale because everyone is working towards a common goal