Bath Concepts Industries, LLC · 7 hours ago
Director of Inventory & Procurement
Libertyville, IL
Full-time
Onsite
Director/Executive
15+ years expBath Concepts Industries, LLC is seeking a Director of Inventory and Procurement to ensure the efficiency and cost-effectiveness of the purchasing process within the organization. This role involves setting purchasing policies, managing budgets, and overseeing the entire procurement process to improve operational effectiveness.
Home ImprovementManufacturing
Responsibilities
Setting and facilitating the overall purchasing strategy of the organization
Work with both internal and external stakeholders regarding purchasing
Work with vendors and suppliers to ensure the procurement process runs smoothly and improve it where necessary
Develop and communicate a procurement business plan for the organization
Manage / coordinate the sales and operations planning process including supply / demand forecasting, inventory management, and on time delivery
Negotiate contracts and service agreements with suppliers
Assess vendor capabilities, develop alternate sources and evaluate vendor performance
Establish department practices and procedures
Ensure that purchasing documents are properly completed
Analyze market; recommend major purchases of materials based on anticipated changes in prices or unusual availability situations
Prepare status reports as needed
Communicate with other departments regarding product developments and the availability of materials and supplies
Keep abreast of changes in the market, new product developments or processes
Seek cost reduction activities for all purchases
Plan, develop, organize, direct, manage and evaluate the personnel, operations and budget of the organization’s supply chain
Lead and manage purchasing, inventory control, forecasting, transportation, production scheduling and other areas required
Develop analytics, systems and data management capabilities, including metrics and reports
Direct the hiring, training, supervision, mentoring, and performance evaluations of supply chain staff, including purchasing, inventory and scheduling personnel
Direct, coordinate, assign, monitor and review the work of individuals engaged in supply chain related duties
Understand customers’ needs, service those needs, and maintain and develop positive business relationships with a customer’s key personnel involved in or directly relevant to supply chain activities
Manage vendor relationships. (e.g., third party logistics)
Collaborate with staff, other departments, senior management, and decision makers to share information, problem solve, and to clarify management objectives
Oversee organization-wide management of the strategic sourcing, procurement, contracting, and evaluation of services
Develop annual plans with prioritization and resourcing
Develop and / or participate in the development of the supply chain strategy for the organization
Manage and / or execute procurement related functions (e.g., develop and implement contract management and procurement frameworks, sourcing strategies, negotiate agreements, draft and manage contracts, etc.)
Implement and adhere to transaction management best practices
Monitor and analyze current trends in the marketplace
Direct and manage corporate and regulatory compliance
Identify and manage risk within the supply chain
Address tactical and strategic supply chain issues
Stay informed of advances in supply chain technology and approaches, and apply within the organization to improve supply chain process
Establish key performance indicators, monitor ongoing performance, and improve performance against set goals
Develop and implement new systems, best practices, inventory control, demand planning, and other optimizations in order to grow the business
Perform other responsibilities as required or requested
Qualification
Required
Broad knowledge of purchasing function concepts and of supplier processes & practices
Well-developed written and verbal communication skills for report writing, presentations and interactions with diverse groups of people inside/outside of the corporation
Demonstrated broad knowledge and technical expertise in supply chain management
Demonstrate proficiency with PC software (WP, spreadsheets) and technology
Bachelor's Degree in Business or related fields or equivalent experience
Minimum of 15 years of experience in area of specialty or industry
Preferred
Advanced Degree preferred
Company
Bath Concepts Industries, LLC
Bath Concepts Industries, LLC is one of the largest independent manufacturers of acrylic baths, showers, wall surrounds, and related products for the bathroom remodeling industry.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Dan Joyce
Chief Financial Officer
Company data provided by crunchbase