Job Details
Company Description
Oetiker Tool Corporation dba Elm City Tools, an Oetiker Company, is an industry leader in the design and manufacture of custom hand tool solutions. Our manufacturing and engineering facility, located just outside of New Haven, Connecticut, is equipped with a modern, flexible production system that enables us to address a wide range of customer demands, from niche market to mass market retail.
We pride ourselves on fostering a team-oriented culture focused on continuous improvement, productivity, and growth opportunities for our dedicated employees. In support of our growth, including a move to a newly constructed state-of-the-art facility located in Wallingford, CT USA in Q1 2024, we are expanding our team of talented engineers by offering several positions for qualified individuals looking for new opportunities in career development. If you have the desire, skills, and dedication to be part of an organization with a small company feel and access to internal global resources, we invite you to take a closer look at what we have to offer at Elm City Tools.
Job Description
The procurement function requires a significant degree of technical/engineering expertise to effectively understand and communicate with suppliers regarding the requirements of components developed and used in the manufacturing process.
Ensures effective communication between cross functional teams. Manages purchasing function and associated personnel to ensure effective demand planning and inventory control systems are developed, optimized, and monitored. Responsible for inventory demand planning and managing OTC's supply chain while working to reduce costs and improve quality and productivity.
- Manage all aspects of purchasing and implementing engineered solutions into the production process.
- Work closely with internal and external engineering departments to drive successful component sourcing projects.
- In depth knowledge of the Company's ERP system, procedures, and functions. Contributes to its development, implementation, and optimization.
- Analyze and evaluate potential suppliers; manage the overall supplier competitive quoting and supplier qualification processes.
- Develop and create sourcing and purchasing plans and proposals.
- Manage the sampling and product approval process for the project. Plans, directs, and coordinates the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.
- Negotiate vendor contracts to favor the company.
- Participate on global teams to provide procedural consistency and exchange best practices.
- Develop strong, functional relationships with key suppliers.
- Perform annual analysis to evaluate overall cost savings after implementation of new strategies.
- Follow industry professionals and organizations to maintain an awareness of best practices.
- Ensure that all practices are consistent with industry guidelines and regulations.
- Monitor market trends to identify new emerging opportunities.
- Prepare and issue purchase requisitions and orders as required.
- Ensure that the purchases of materials are focused on providing better quality and reduced costs.
- Oversee and manage the Purchasing function in accordance with Management goals and objectives including ensuring the timeliness of issued PO's and delivery of components to meet Production schedule requirements.
- Monitor the variances in the budget to ensure that the purchases are made within the specified budget standards.
- Define and present recommendations that will help in achieving business goals and objectives.
Qualifications- Bachelor-level degree in Engineering, Business Administration, or other field supplemented with relevant experience.
- Experience in supply chain management
- Advanced Excel skills
- Pivot Tables
- Graphing
- Data Analysis
- Formula Usage
- VBA Experience preferred but not required
- 5 Years experience in high-volume production environment
- Excellent negotiating and networking skills
- Required knowledge of manufacturing processes including, but not limited to, stamping, fine blanking, machining, die casting, investment casting, injection molding, general machining
- 0-10% Travel
Additional InformationAll your information will be kept confidential according to EEO guidelines.
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