*This employment opportunity is located in Minnetonka, Minnesota*

Job Title: Materials Manager

Compensation: $95,000 to $105,000 Annually

Benefits:  Life, 401K, Vision, Medical, Dental

Employment Type:  Full-Time

POSITION SUMMARY:

Responsible for managing the company's domestic and international vendor base and purchasing materials and supplies for the organization's operations. Responsible for identifying and implementing cost reductions to maintain the company's competitiveness. Accountable for managing inventory levels and inventory cycle counts, and bin audit processes. The Materials Manager also manages buying, warehouse, shipping, and receiving teams.

ESSENTIAL DUTIES:

Drive Strategic Sourcing Initiatives

  • Negotiate with both domestic and international vendors on price, delivery, and quality standards that will allow Engineered Products to meet margin forecast objectives and be perceived as a quality supplier to our customer base.
  • Identify and implement material cost reductions through negotiations with current vendors and identify and develop new vendors in Asia, Mexico, or other best cost areas.
  • Participate in New Product Development program and lead the supporting sourcing initiatives.
  • Work with the Sales, Marketing, and Engineering teams on customs, special quotes, marketing promotions, and other activities.

Manage Material Buying, Expediting, Turn-Key Products, and Control in Support of Production

  • Manage a team of 3 buyers to support the company's daily production requirements and maintain the company's high customer service levels.
  • Work with the Sales and Operations teams to satisfy custom and quick turn sales opportunities.
  • Maintain and update accurate costs on the ERP system. The standard cost update is performed every quarter as a minimum. Communicate cost variances.

Manage Inventory and Warehouse Operations

  • Responsible for managing a total inventory valued at $5 Million USD.
  • Monitor inventory levels, reorder points, forecasts, and lead times for delivery to assure adequate operating stocks.
  • Work with management to develop and maintain appropriate inventory levels to enable EPCO to manage cash flow and support our customer service level expectations.
  • Work with all departments to maintain correct inventory counts.
  • Develop receiving quality inspection and cycle counting procedures to ensure accurate inventory information.
  • Responsible for maintaining and ensuring the accuracy of our inventory at all locations utilizing the cycle count program and written procedures
  • Project future inventory needs and schedules to facilitate procurement, delivery, and utilization of storage facilities.
  • Responsible for the movement and storage of materials and goods and appropriate controls.

Manage Freight Carriers

  • Responsible for managing our in-bound and out-bound freight expenses.
  • Negotiate yearly agreements with all freight carriers.
  • Ensure all shipping and receiving personnel are equipment certified and up to date.

JOB KNOWLEDGE, ABILITY, AND SKILLS:

  • Requires experience managing inventory valued at $5 Million or more USD.
  • Knowledge of purchasing, inventory, shipping/receiving, and warehouse practices.
  • Knowledge and previous experience using MRP and product forecasting tools.
  • Knowledge and previous experience using ERP systems related to inventory control, forecasting, MRP, and procurement.
  • Ability to communicate effectively, both verbally and in writing.
  • Ability to assess a situation, draw a valid conclusion and make sound recommendations.
  • Ability to exercise considerable independent judgment and discretion.
  • Knowledge of overseas freight logistics, costs, payment terms, and terminology.
  • STRONG international and freight logistics background is essential.
  • STRONG strategic purchasing experience is a priority.

SUPERVISORY RESPONSIBILITIES:

  • Responsible for direct supervision of the material procurement personnel (Buyers)
  • Responsible for direct supervision of the warehouse supervisor.
  • Responsible for managing all warehouse and materials personnel.

PHYSICAL REQUIREMENTS:

The physical requirements described here represent those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made as needed or required to assist with the performance of the activities described.

  • Must be able to sit or stand for extended periods throughout the day.
  • Requires the ability to use a computer, telephone, and basic office equipment.
  • Daily lift push/pull/carry requirements are minimal and require no more than the average office worker.

EDUCATION AND EXPERIENCE:

  • Minimum of (5) years experience in equivalent job position, in manufacturing with similar size organization.
  • Experience effectively working with global manufacturers and suppliers.
  • Bachelor's degree or equivalent education preferred, but not required, in a related field.

WORK ENVIRONMENT:

All position requires the ability to work well with more than one department and individuals in various roles and work well independently to complete the essential functions required.

OFFICE POSITIONS:

  • Work will be performed in a business casual office setting where separate workstations/cubes and offices are set up for employees working in the office area.
  • Must be able to work in a team environment and perform duties that may require more than one employee's participation to complete the task.
  • Will also be required to work well independently and with minimal supervision.

WAREHOUSE AND PRODUCTION POSITIONS:

  • Work will be performed in a warehouse/plant-type environment where temperatures may fluctuate.
  • Responsibilities may require the performance of duties outside the warehouse, but exposure to severe weather and extreme conditions will be minimal.
  • Must be able to work in a team environment and perform duties that may require more than one employee's participation to complete the task.
  • Will also be required to work well independently and with minimal supervision.

HOW TO APPLY: Interested in joining our award winning team?

Click to Apply online at Zip Recruiter!

 

About Engineered Products Company

Engineered Products Company is an award-winning family-owned organization with over 40 years of experience in the specialty electrical environment. We have an experienced group of employees in all divisions who excel in their individual roles by meeting the company goals and team metrics. All of our employees are considered leaders, achievers, and individuals who strive to perform at their very best each day!

We offer our full-time employees:
- A great work environment
- A family-owned company with over 40 years of experience
- 401K with a company match
- Profit-sharing bonuses for non-sales manager roles
- Aggressive commission plans for regional sales managers
- Medical plans with an accompanying health savings account
- Dental benefits
- Voluntary vision plans
- Company-paid life insurance and short /long-term disability plans.

If you are a hard-working, quality-driven, self-starter who has the work ethic and drive to be a part of our team and you have the required experiences we need to fill our open positions, please apply immediately!

We appreciate the fact that you have considered Engineered Products Company as a potential employer, and we are looking forward to having the opportunity to meet with you about becoming a part of our family!

Engineered Products Company is an equal opportunity employer and considers qualified applicants for employment without regard to sex, race, color, religion, ethnic or national origin, gender, sexual orientation, gender identity or expression, age, pregnancy, leave status, disability, veteran status, genetic information and/or any other characteristic or status protected by national, federal, state or local law.