Strategic Procurement & Inventory Specialist

Elwood Corporation; Racine (WI); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401(k)

HSA, HRA

Paid time off and holidays

Opportunities for career development

Job summary

Elwood Corporation, based in Racine, WI, is seeking a Purchasing Specialist to source raw materials and components, negotiate pricing and delivery terms, and coordinate supplier performance to meet production needs.

The role requires collaboration with manufacturing, engineering, finance, and logistics teams, proficiency with ERP/purchasing software, and a strong focus on inventory control and cost optimization. Knowledge of Acumatica is a plus.

Qualifications

• Prior purchasing or procurement experience in a manufacturing environment.
• Strong negotiation, analytical, and communication skills.
• Experience with ERP or purchasing/inventory management software.
• Familiarity with Acumatica is a plus.

Responsibilities

• Source raw materials, components, and supplies to support ongoing manufacturing operations.
• Negotiate pricing while ensuring adherence to quality standards and technical specifications.
• Build and maintain strong supplier partnerships.
• Negotiate contracts and delivery terms to ensure timely and cost-effective supply.
• Monitor inventory levels to support production needs without overstocking.
• Issue timely purchase orders and coordinate deliveries to maintain optimal inventory flow.
• Stay informed on market trends, pricing shifts, and supplier performance.
• Use data to drive purchasing decisions and identify cost-saving opportunities.
• Coordinate closely with production, engineering, finance, and logistics teams to align procurement with business needs and timelines.
• Ensure all procurement activities comply with legal, regulatory, and company standards.
• Maintain accurate and up-to-date records for all purchases, vendor agreements, and inventory transactions.

Skills

Sourcing & Procurement

Contract & Delivery-Term Negotiation

Inventory Control

Cross-Functional Collaboration

Procurement Compliance & Documentation

Tools

Acumatica

ERP / Inventory Management Software

Job description

Elwood Corporation, based in Racine, WI, is seeking a Purchasing Specialist to source raw materials and components, negotiate pricing and delivery terms, and coordinate supplier performance to meet production needs.

The role requires collaboration with manufacturing, engineering, finance, and logistics teams, proficiency with ERP/purchasing software, and a strong focus on inventory control and cost optimization. Knowledge of Acumatica is a plus.