Procurement Manager

Reporting to the Plant Manager - IAQ, the Procurement Manager will be responsible for developing and executing sourcing and procurement strategies that support the objectives of the business unit. This position is responsible for ensuring that all direct suppliers meet business objectives and defined quality standards. The Procurement Manager will establish KPIs and action plans to drive results within the business and be responsible for material cost savings (including PPV) and supplier risk management. This position is responsible for vendor management, ERP data maintenance, data analysis, and cost reduction project execution are key functions of the role. This position will be interfacing with all global HVAC Technologies Procurement, Commodity Managers, and Buyers.

• Define and implement comprehensive strategies to reduce costs, mitigate risk, improve quality, shorten lead-times and reduce inventories.
• Responsible for cost productivity strategies directly related to direct material acquisition across all factories fabricating and assembling cooling modules in the global footprint to deliver aggressive annual cost reduction targets.
• Analyzes market and delivery conditions to determine the best strategy for sourcing and procurement of materials based on present and future material availability as well as supplier performance, and total landed cost.
• Develop standard sourcing processes and tools for evaluation, negotiation, and selection of suppliers.
• Ensures the obtainment of pricing, commercial terms and inventory management strategy process that position Modine for long term success.
• Implement best practices in procurement and supplier management, to support commercial and operational objectives.
• Develop low-cost country sourcing strategies across the regions in which our businesses operate, including:
  • An Asia-Pacific sourcing strategy that reduces tariff exposure, geo-political risk and general supply chain / logistics instability
• Provide procurement competency and leadership support, as needed, to the supply chain teams.
• Collaborate with Production, Engineering, Operations, Commercial/Regional teams to support sourcing initiatives that ensure products are on time, in budget, and according to engineering specifications.
• Develop procurement effectiveness metrics and supplier scorecards to evaluate, motivate and manage our supply base to continually improve performance.
• Maintain general and specific knowledge of direct commodity markets for awareness of current prices and market ratesto provide forecasting guidance to business unit team.
• Communicates and enforces company policies and country regulations regarding supplier and team compliance as driven through the Modine's Code of Ethics.
• Collaborates with other departments and stakeholders to identify and maintain resources needed to establish and provide an effective sourcing strategy.

• Sets policies and standards that drives execution against the supplier diversity, dual sourcing and cost savings targets while meeting Modine's quality and delivery requirements.
• Drives improvement in cashflow through improvements in capital efficiency, payment terms and inventory management.

• BS/BA degree from accredited university in Supply Chain, Business Administration, engineering or related majors; MBA or MA/MS in related field preferred.
• 5-10 years of experience managing global procurement functions including experience in strategic planning and execution.

• At least 3+ years of experience working in a global manufacturing environment supporting significant revenue.
• Minimum of five (5) years Materials Control and / or Buyer experience working with MRP. Experience with SAP.
• Demonstrated extensive knowledge of compliance with regulatory agencies impacting network materials management activities, and preparation of reports concerning status of activities/concerns in areas of responsibility.
• Demonstrates high integrity, both in business and personally, and viewed as trustworthy by all members of the organization.
• Demonstrated ability to communicate effectively both verbally and written to all levels within Modine.
• Excellent influencing and negotiation skills and ability to work multi-dimensionally in a complex business environment.
• Utilizing a VAVE methodology to identify key cost drivers and generate ideas to improve quality and reduce cost

Preferred Experience/Demonstrated Competency:

• Extensive knowledge of procedures and regulations relating to the procurement, storage, receiving and distribution of supplies/equipment in a global manufacturing environment.
• Proven expert in negotiations, and having the ability to train others in this area.
• Experience in successfully leading and managing teams dispersed globally.
• Proven ability to translate corporate strategy and external market forces into multi-year, fact based, and data driven sourcing strategies and tactical plans, and the execution of these strategies and plans.