Tag: Hiring
Procurement & Sourcing Manager
February 11, 2025Lubker Distribution Inc., a family-owned industrial supply distributor in West Chester, PA is seeking a highly experienced and analytical Procurement & Sourcing Manager with a strong background in the fastener industry to join our team. This role is critical in directing purchases, sourcing products, optimizing our supplier base, evaluating sourcing strategies, and ensuring a competitive and reliable supply chain. The ideal candidate must have a deep understanding of fastener sourcing, vendor management, and industry-specific procurement challenges to support our distribution operations across hundreds of vendors.
Key Responsibilities
Procurement, Sourcing, and Management (Hands On)
- Maintain and oversee the approved supply base, ensuring strong supplier relationships and optimal performance.
- Evaluate and direct product purchases, including both domestic and overseas sourcing, to align with cost, quality, and lead-time objectives.
- Identify, evaluate, and qualify new sourcing opportunities to support business growth and customer demands.
- Manage procurement personnel and processes, ensuring efficiency, accuracy, and strategic alignment with company goals.
Sourcing & Vendor Evaluation
- Identify opportunities for cost savings and supply chain improvements through strategic vendor evaluation and realignment or alternative sourcing strategies.
- Analyze purchasing trends and vendor performance to mitigate risks and identify opportunities for improved supplier relationships.
- Utilize industry expertise to research and identify new suppliers for fasteners and related products, ensuring the highest quality and competitive pricing.
- Evaluate suppliers based on lead time reliability, product range, industry reputation, and capacity to support customer demand.
- Collaborate with internal teams (sales, quality, and operations) to align fastener-specific sourcing strategies with business needs.
Market & Trend Analysis
- Stay ahead of fastener industry trends, material cost fluctuations, and supply chain challenges to proactively adjust sourcing strategies.
- Monitor supplier issues, including price changes, shortages, and lead-time fluctuations, and develop mitigation strategies tailored to fastener distribution dynamics.
- Track and analyze supplier performance metrics to drive data-backed sourcing decisions.
Data-Driven Decision Making
- Utilize ERP system to analyze purchasing data and support strategic decision-making.
- Coordinate with the IT team to enhance reporting capabilities and improve communication of sourcing insights to the sales team.
Qualifications & Skills
- 5+ years of sourcing and procurement experience in the fastener industry is required.
- Strong knowledge of fastener specifications, sourcing challenges, and supplier networks. Strong analytical skills with experience in data analysis, supplier evaluation, and cost analysis.
- Significant training and hands-on experience in procurement, supply chain, or a related field in lieu of a formal degree.
- Expertise in supplier negotiation, cost analysis, and strategic sourcing within the fastener market.
- Proficiency in ERP systems and Microsoft Excel (pivot tables, VLOOKUP, etc.).
- Excellent communication and negotiation skills for supplier interactions.
- Ability to manage multiple priorities in a fast-paced, high-volume distribution environment.
Why Join Us?
Competitive salary and benefits.
Opportunity to play a key role in optimizing procurement strategies for a leading and well-respected fastener distributor.
Work with a dynamic team that values data-driven decision-making and operational excellence.