Dexter Magnetic Technologies supplies specialized magnetic solutions and components to demanding applications in the medical, aerospace, defense, semiconductor manufacturing, oil and gas, and industrial end markets. Dexter’s engineers solve complex customer problems with innovative solutions, winning business based on quality, customer support, and application engineering expertise.
For more information on Dexter Magnetic Technologies, please visit: https://www.dextermag.com/.
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
Global Sourcing & Procurement Strategy
- 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.
Multi-Site Purchasing Leadership
- 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.
Supplier Management & Development
- 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.
Supplier Scorecards & Performance Monitoring
- 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-$150,000 + 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.