Niron Magnetics, Inc.
Senior Director, Procurement
Niron Magnetics, Inc., Minneapolis, Minnesota, United States, 55400
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Senior Director, Procurement
role at
Niron Magnetics, Inc.
Niron Magnetics is scaling the world’s first advanced manufacturing process for the mass production of permanent magnets powered by its breakthrough material formulation. The company’s proprietary magnet technology based on Iron Nitride enables magnets that are inherently high magnetization, free of rare earths and other critical materials, and will drive innovation in various industries. Niron Magnetics is comprised of a team of professionals with a desire to make a positive impact on the global community. We were named one of “America's Top GreenTech Companies” for 2024 and 2025 by TIME Magazine and the “Innovation of the Year” at the 2025 mHUB Fourth Revolution Awards.
Our team is made up of people who think big, dare to innovate, and strive to impact the planet through technological innovation for our customers. Ready to learn alongside amazing people, solve complex problems, and leave a legacy? Join us.
What you’ll do The Senior Director of Procurement is responsible for developing and executing the strategic sourcing, negotiation, and procurement of raw materials and capital equipment across Niron. This role ensures alignment with business objectives, drives cost efficiencies, and supports large‑scale construction and manufacturing initiatives. The Senior Director will oversee supplier relationships, contract execution, category strategy development for raw materials, and direct and indirect spend management. The ideal candidate will have a deep understanding of supply chain dynamics and a proven track record in procurement leadership within a manufacturing environment.
Strategic Leadership
Collaborate with engineering, manufacturing, and quality teams to align sourcing strategies with product development and production needs
Drive thought leadership in developing and implementing procurement guidelines and sourcing strategies
Develop plans and deliver results in a fast‑changing business environment
Anticipate internal/external business challenges to drive change
Lead and develop a high‑performing procurement team, fostering a culture of accountability, innovation, and continuous improvement
Provide strategic direction and mentorship to team members, supporting career growth and skill development
Grow and develop talent through clear performance expectations, coaching, and regular feedback
Category Management
Lead and execute the purchasing and supply management activities for all categories and sub‑categories of capex and raw materials
Train internal stakeholders on category strategy application
Monitor compliance and adjust strategies based on performance metrics
Supplier and Market Management
Identify, evaluate and manage supplier relationships to ensure quality, cost‑effectiveness and timely delivery
Analyze market trends, supplier capabilities, and business requirements to optimize sourcing decisions
Cultivate strong, strategic relationships with key suppliers and internal stakeholders
Conduct supplier performance reviews and risk mitigation planning
Contracting and Negotiation
Lead supplier selection, negotiation, and performance management to ensure quality, cost, and delivery goals are met
Lead negotiations for multi‑million‑dollar equipment and raw materials contracts
Collaborate with legal and commercial teams to develop fit‑for‑purpose contract templates
Ensure favorable terms and risk mitigation in all agreements
Cost Optimization and Value Creation
Establish and track key procurement metrics to ensure cost efficiency and supply chain effectiveness
Identify and drive cost‑saving opportunities and value‑added initiatives across the category
Leverage extensive market and supplier knowledge to drive lower TCO
Drive working capital improvements and operational efficiencies
What we’re looking for
Bachelor’s degree in Supply Chain, Engineering, Business, or related field
Expertise in category management of capex and raw materials strategy
Solid experience in strategic sourcing and/or category management in manufacturing or industrial sectors
Proven experience with supplier negotiations, contract management, and cost analysis
Demonstrated analytical, critical thinking, and thought leadership skills
Excellent time management skills with a proven ability to meet deadlines
Strong capabilities in building and maintaining relationships with internal and external stakeholders
Proficiency in procurement software and ERP systems
Experience leading a team
Nice to have
Start‑up or scaling a business experience
Experience with global suppliers
Deep knowledge of industrial equipment (e.g. chemical plant capex, powder metallurgy presses, machining tools, robotics, etc.)
Our pay and benefits
Salary: $180,000 – $230,000 depending on experience, education, and skills
Equity position in Niron via stock option grant
Comprehensive medical, dental, and vision insurance
401(k) plan with company match
Paid vacation, sick time, and holidays
Opportunity to work in a fun, high‑performing, manufacturing environment
Seniority level
Director
Employment type
Full‑time
Job function
Purchasing and Supply Chain
Manufacturing
#J-18808-Ljbffr
Senior Director, Procurement
role at
Niron Magnetics, Inc.
Niron Magnetics is scaling the world’s first advanced manufacturing process for the mass production of permanent magnets powered by its breakthrough material formulation. The company’s proprietary magnet technology based on Iron Nitride enables magnets that are inherently high magnetization, free of rare earths and other critical materials, and will drive innovation in various industries. Niron Magnetics is comprised of a team of professionals with a desire to make a positive impact on the global community. We were named one of “America's Top GreenTech Companies” for 2024 and 2025 by TIME Magazine and the “Innovation of the Year” at the 2025 mHUB Fourth Revolution Awards.
Our team is made up of people who think big, dare to innovate, and strive to impact the planet through technological innovation for our customers. Ready to learn alongside amazing people, solve complex problems, and leave a legacy? Join us.
What you’ll do The Senior Director of Procurement is responsible for developing and executing the strategic sourcing, negotiation, and procurement of raw materials and capital equipment across Niron. This role ensures alignment with business objectives, drives cost efficiencies, and supports large‑scale construction and manufacturing initiatives. The Senior Director will oversee supplier relationships, contract execution, category strategy development for raw materials, and direct and indirect spend management. The ideal candidate will have a deep understanding of supply chain dynamics and a proven track record in procurement leadership within a manufacturing environment.
Strategic Leadership
Collaborate with engineering, manufacturing, and quality teams to align sourcing strategies with product development and production needs
Drive thought leadership in developing and implementing procurement guidelines and sourcing strategies
Develop plans and deliver results in a fast‑changing business environment
Anticipate internal/external business challenges to drive change
Lead and develop a high‑performing procurement team, fostering a culture of accountability, innovation, and continuous improvement
Provide strategic direction and mentorship to team members, supporting career growth and skill development
Grow and develop talent through clear performance expectations, coaching, and regular feedback
Category Management
Lead and execute the purchasing and supply management activities for all categories and sub‑categories of capex and raw materials
Train internal stakeholders on category strategy application
Monitor compliance and adjust strategies based on performance metrics
Supplier and Market Management
Identify, evaluate and manage supplier relationships to ensure quality, cost‑effectiveness and timely delivery
Analyze market trends, supplier capabilities, and business requirements to optimize sourcing decisions
Cultivate strong, strategic relationships with key suppliers and internal stakeholders
Conduct supplier performance reviews and risk mitigation planning
Contracting and Negotiation
Lead supplier selection, negotiation, and performance management to ensure quality, cost, and delivery goals are met
Lead negotiations for multi‑million‑dollar equipment and raw materials contracts
Collaborate with legal and commercial teams to develop fit‑for‑purpose contract templates
Ensure favorable terms and risk mitigation in all agreements
Cost Optimization and Value Creation
Establish and track key procurement metrics to ensure cost efficiency and supply chain effectiveness
Identify and drive cost‑saving opportunities and value‑added initiatives across the category
Leverage extensive market and supplier knowledge to drive lower TCO
Drive working capital improvements and operational efficiencies
What we’re looking for
Bachelor’s degree in Supply Chain, Engineering, Business, or related field
Expertise in category management of capex and raw materials strategy
Solid experience in strategic sourcing and/or category management in manufacturing or industrial sectors
Proven experience with supplier negotiations, contract management, and cost analysis
Demonstrated analytical, critical thinking, and thought leadership skills
Excellent time management skills with a proven ability to meet deadlines
Strong capabilities in building and maintaining relationships with internal and external stakeholders
Proficiency in procurement software and ERP systems
Experience leading a team
Nice to have
Start‑up or scaling a business experience
Experience with global suppliers
Deep knowledge of industrial equipment (e.g. chemical plant capex, powder metallurgy presses, machining tools, robotics, etc.)
Our pay and benefits
Salary: $180,000 – $230,000 depending on experience, education, and skills
Equity position in Niron via stock option grant
Comprehensive medical, dental, and vision insurance
401(k) plan with company match
Paid vacation, sick time, and holidays
Opportunity to work in a fun, high‑performing, manufacturing environment
Seniority level
Director
Employment type
Full‑time
Job function
Purchasing and Supply Chain
Manufacturing
#J-18808-Ljbffr