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1 month ago
Kennametal is a leading industrial technology company with over 80 years of experience delivering productivity to customers through materials science, tooling, and wear-resistant solutions. With a global presence in nearly 100 countries, Kennametal serves customers across various industries, including aerospace and defense, earthworks, energy, general engineering, and transportation.
Job SummaryThe SCM & Purchase Manager is a critical role responsible for overseeing and managing all aspects of the supply chain, procurement, and purchasing functions within the organization. This position requires strong leadership, strategic planning, and operational expertise to ensure timely and cost-effective sourcing of materials, components, and services while maintaining quality standards and optimizing inventory levels.
Key Responsibilities- Develop and implement strategic plans for supply chain management and procurement to optimize sourcing strategies, reduce costs, and improve efficiency.
- Identify, evaluate, and select suppliers and vendors based on quality, cost, reliability, and other factors. Negotiate contracts, terms, and pricing agreements to secure favorable terms and conditions.
- Build and maintain strong relationships with suppliers and vendors to foster collaboration, resolve issues, and drive continuous improvement in quality, delivery, and cost.
- Oversee the entire procurement process, from requisition to payment, ensuring compliance with company policies, procedures, and regulatory requirements. Implement procurement best practices to streamline processes and improve efficiency.
- Optimize inventory levels to minimize carrying costs while ensuring adequate stock availability to meet production requirements and customer demands. Implement inventory control measures and demand forecasting techniques to optimize inventory turnover and reduce stockouts.
- Monitor and control procurement costs, including material costs, supplier pricing, transportation costs, and other related expenses. Identify opportunities for cost savings and implement cost reduction initiatives without compromising quality or service levels.
- Collaborate with quality assurance teams to ensure that suppliers and vendors meet quality standards and specifications. Implement quality control measures and supplier performance evaluations to monitor and improve supplier quality and performance.
- Coordinate with logistics and distribution teams to ensure timely and efficient transportation of materials, components, and finished products to and from suppliers, warehouses, and manufacturing facilities.
- Identify and mitigate supply chain risks, such as supplier disruptions, geopolitical risks, and market volatility. Develop contingency plans and alternative sourcing strategies to minimize the impact of potential disruptions on operations.
- Ensure compliance with legal and regulatory requirements, including procurement policies, import/export regulations, ethical sourcing practices, and sustainability initiatives.
- BE in Mechanical. Relevant experience in Capital Goods Purchase and Sourcing. MTB Industry preferred.
- Proven experience in supply chain management, procurement, and purchasing functions, preferably in the machine tool industry.
- Strong knowledge of supply chain principles, procurement strategies, and sourcing best practices.
- Demonstrated leadership skills with the ability to lead and develop teams, drive change, and achieve results.
- Excellent negotiation and contract management skills.
- Analytical mindset with the ability to analyze data, identify trends, and make data-driven decisions.
- Proficiency in ERP systems, procurement software, and other relevant tools.
- Strong communication and interpersonal skills.
- Strategic thinking and problem-solving abilities.
- Knowledge of relevant legal and regulatory requirements.
- Ability to work collaboratively in a cross-functional environment.