Purchasing Manager

Watts Regulator Company
Fort Worth, TX Remote Full Time
POSTED ON 11/28/2023 CLOSED ON 11/29/2023

What are the responsibilities and job description for the Purchasing Manager position at Watts Regulator Company?

The Purchasing Manager will report to Materials Manager to ensure Safety, Quality, Delivery and Cost (SQDC) objectives are met, serving as the principle owner responsible for driving/implementing purchasing process improvements to support business goals with emphasis on supplier management, supplier improvement, deflation, inventory management, and continuity of supply to support the manufacturing floor. The primary focus of this position is to manage all commercial and supplier-related activities of the purchasing function for the assigned site/business unit and to serve as the purchasing representative supporting local management. The position requires excellent project management skills and interpersonal skills, working hand in hand with engineering, product development, marketing, manufacturing and material planning to ensure the success of all business initiatives. PRINCIPAL RESPONSIBILITIES AND DUTIES: Responsible for leading and developing the local purchasing team, and creating & implementing site KPIs aligned with corporate KPIs Accountable for local purchased part-related SQDC and metrics such as PPV, SOTD, SQAR, and DPO/Discounts Lost Prepare purchase requisitions, approve and issue purchase orders in accordance with company policy and negotiated and/or standard terms and conditions Drive make versus buy analyses and recommendations to meet corporate & site objectives Work with corporate Strategic Procurement Managers (SPMs) to develop RFQ/RFP and negotiate best in class price, payment terms, quality levels, and delivery terms for purchased products in compliance with corporate objectives Lead and support on-site supplier assessment/certification audits Facilitate supplier cost modeling, supplier opportunity assessments, supplier financial analysis, long-term contract establishment with focus on continued quality, delivery and productivity improvements that lead to better service and cost reductions Acquire and maintain solid and current knowledge of commodity & spend category trends, including new technology and manufacturing processes, industry trends, commodity cost drivers, global pricing, and material lead times Develop and drive acceptance of preferred suppliers with SPMs, and coordinate regular supplier technology roadmap reviews Work with engineering and site operations to support testing and approval of new product & cost reduction initiatives Facilitate and evaluate Manufacturing Alerts and Engineering Change Notifications to ensure timely implementation and minimize materials obsolescence Facilitate and drive VAVE and continuous improvement events targeting purchased items Liaise with Accounts Payable department to ensure accurate and timely payment of invoices, and resolve discrepant invoices as necessary to ensure a smooth payment process with suppliers. EMPLOYEE CORE COMPETENCIES: 1. Collaborate Across Workgroups 2. Communicate Effectively 3. Deliver High Quality Work 4. Drive for Results 5. Focus on the Customer 6. Initiate Positive Change EDUCATION, EXPERIENCE AND REQUIRED SKILLS: Bachelor’s in Industrial or Mechanical Engineering, or Supply Chain; MBA and/or APICS/ISM certifications highly preferred Minimum of 8 years of experience in supply chain operations (industrial/commercial) with a strong understanding, credibility, and comfort to work with frontline operations management and cross-divisional, cross functional teams. Must have at least 2 years of experience in a buyer/planner role. Sourcing contract administration and negotiation experience highly desirable. Prior supervisory experience is also preferred. Strong oral, written and interpersonal communication and presentation skills for effective dealings with suppliers and Watts team members Experience supporting operations producing highly engineered mechanical product lines is preferred International commodity sourcing experience in Asia, Mexico and Europe is preferred History of managing direct spend and establishing measurable improvements in YOY SQDC Strong technical and analytical skills. Process driven and attention to detail Successful with driving results within a manufacturing organization embracing a Lean/Six Sigma transformation Working knowledge of ERP systems as related to purchasing Willingness to travel domestically and internationally as required Adept with Microsoft Office software, especially Excel and Powerpoint. Experience with Access and Data Warehouse preferred. MANAGEMENT/SUPERVISON: Manage direct reports. *PHYSICAL REQUIREMENTS: While performing the duties of this job, the employee is frequently required to walk, talk, and/or hear. The employee is occasionally required to stand, sit, and use hands to finger, handle, or feel. The employee must lift and/or move up to 40 lbs. Specific vision abilities required by this job include: close vision, color vision, peripheral vision, depth perception and ability to adjust focus. *WORK ENVIRONMENT: Work in manufacturing environment OTHER JOB REQUIREMENTS: Travel Required *As required by the Americans Disabilities Act (ADA) Watts is committed to equal employment opportunity. We follow a policy of administering all employment decisions and personnel actions without regard to race, color, religion, creed, sex, pregnancy, national origin, sexual orientation, age, physical or mental disability, genetic disposition or carrier status, marital status, military or veteran status, minorities, or any other category protected under applicable federal, state, or local law. Consistent with the obligations of state and federal law, Watts will make reasonable accommodations for qualified individuals with disabilities. Any employee who needs a reasonable accommodation should contact Human Resources. Watts Water is a global leader of quality water solutions for residential, industrial, municipal, and commercial settings. Our family of brands offers some of the most varied product lines in the world, with world-class, water-related solutions focused on: Drainage and Water Reuse HVAC and Hot Water Plumbing and Flow Control Water Quality and Rainwater Harvesting We are a $1.9 billion global company, listed on the New York Stock Exchange (NYSE) with a presence in five (5) continents and twenty-four (24) countries, and an employee population that speaks over eighteen (18) languages. As a people-first company, we prize enriching and caring for all who work here not only through words but through actions. This includes executing our Diversity, Equity, and Inclusion (DEI) strategy, and providing our employees with meaningful career growth opportunities, a positive and safe work environment, and affirmation that they are heard, valued, and respected. We are proud to be an organization that believes that a safer world is a more sustainable world – a belief that we proudly reflect in each of our technologies and solutions and our environmental and social commitments, such as our partnership with Planet Water Foundation. Learn more about the Watts way, here. Specialties Plumbing, HVAC, Water Quality, and Gas Headquarters Americas & Corporate Headquarters: North Andover, Massachusetts, USA Asia-Pacific, Middle East & Africa (APMEA) Headquarters: Shanghai, China Company Size About 5,000 employees Website http://www.watts.com/ http://www.wattsindustries.com/ http://www.wattsasia.com/ Industry Machinery Founded 1874
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