Purchasing/Inventory Planning Manager
Elk Grove Village, Illinois - Full Time

Summary: Bunting is seeking a dynamic and experienced individual to join our team as Purchasing / Inventory Planning Manager. This position will be based in Elk Grove Village, IL and will report to the General Manager. As Purchasing / Inventory Planning Manager, this position oversees one of the most critical aspects of our business which thrives on an efficient model of “parts in…parts out”. They will be responsible for managing supplier relationships, identifying new suppliers, researching goods and services, processing purchase orders, and verifying delivered items.

 

Up to a $5,000 sign-on bonus.(guidelines apply)

 

Responsibilities:

  • Adding and removing parts in ERP (Epicor) and eCommerce platforms
  • Build and maintain contracts with facilities management vendors (Lease, Electric, Garbage, HVAC, Water, etc.)
  • Creating Certificates of Conformity, and other compliance related documents
  • Credits and rebills
  • Customer service (primarily large and difficult accounts)
  • Cycle count set-up
  • Developing diagrams/drawings of new parts
  • Purchasing of materials and parts from various suppliers globally
  • Inventory management including maintaining Minimum and Maximum quantities, lead-times, reviewing new products to add and lower performing products to eliminate.
  • HR related tasks such as timecards, vacation, discipline, hiring, firing
  • Ensuring proper HTS codes for products being imported/exported
  • Ensuring warehouse team is up to date with IATA training (Has to do with products being safe to travel via Air shipment)
  • Oversight on the physical Inspection of incoming parts, and ensuring parts are logged in ERP correctly
  • Handling of international paperwork as necessary for Customs
  • Logistics (everything related to shipping in and out)
  • Oversight of larger customer accounts
  • Oversight of customer orders prior to being shipped out
  • Manage product pricing including quantity price breaks
  • Negotiating costs with vendors
  • Inventory reporting and forecasting
  • RMA’s (create, receive and process)
  • USMCA (NAFTA) paperwork
  • Verification of ALL open Purchase Orders with suppliers weekly
  • Warehouse oversight

Qualifications:

  • 3+ years of B2B purchasing experience.
  • 3+ years of experience managing inventory.
  • 3+ years of experience overseeing partnerships with logistics vendors.
  • Experience importing products from overseas (exporting a plus).
  • Experience with ERP systems to manage inventory and reporting (Epicor a plus).
  • Experience with product quality management.
  • Experience managing pricing and profitability of products.
  • Experience reviewing new products to be added and determining when to remove products.
  • Vendor management experience.
  • Price negotiations with vendors experience.
  • Basic understanding of mechanical drawings.
  • Experience with connecting ERP to eCommerce platforms is a PLUS.

 

As the industry-leading manufacturer of magnetic technology products, Bunting has developed precision magnetic products for the worldwide printing, automotive, plastics, food, electronics, pharmaceutical and recycling industries for more than 50 years. Our family-owned group of companies manufactures products which serve global markets and include a broad range of magnetic materials and components, magnetic separation systems, material handling equipment, metal detection equipment, magnetic cylinders, bonded magnets, and assemblies.