Procurement Program Manager

Job Description Monoprice is seeking a Procurement Program Manager to oversee strategic procurement initiatives across multiple product categories. This role involves guiding teams and product managers, managing supplier relationships, negotiating contracts, and ensuring procurement activities are executed efficiently and cost-effectively. Responsibilities Lead Strategic Procurement Initiatives: Oversee the sourcing of supplies and negotiation of contracts, ensuring optimal terms to meet the company’s needs and profitability. Develop and Implement Supply Chain Strategies: Formulate and implement comprehensive supply chain strategies that drive efficiency, cost savings, and support business growth. Manage Complex Logistics Operations: Coordinate all logistics activities, including transportation, warehousing, and distribution, to ensure seamless operations and timely delivery of goods and services. Optimize Inventory Management: Maintain optimal inventory levels to minimize stockouts while reducing excess inventory costs. Establish Strong Supplier Partnerships: Build solid relationships with key suppliers to ensure reliable supply chains. Conduct Supplier Performance Evaluations: Assess supplier performance regularly to ensure compliance with quality standards, delivery schedules, and cost targets. Drive Continuous Improvement in Supply Chain Processes: Identify areas for improvement within the supply chain processes; implement changes that enhance efficiency or reduce costs. Risk Management: Develop risk management strategies to mitigate potential disruptions in the supply chain and regularly communicate with internal departments to arrange meetings, confirm program/project schedules, and discuss any program problems. Program Management: Work closely with program sponsors, cross-functional teams, and product managers to develop the scope, deliverables, required resources, work plan, budget, and timing for new initiatives and projects. Budgetary Control & Financial Analysis: Prepare budgets for procurement activities; monitor expenditures against budgeted amounts; analyze financial data related to procurement activities. Regulatory Compliance & Reporting Requirements: Ensure all procurement activities comply with relevant regulations; prepare reports as required by regulatory bodies or internal stakeholders. Additional Duties: Perform other duties related to roles and responsibilities assigned by management. Qualifications To perform this job successfully, the employee must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Education & Experience Bachelor’s degree or equivalent experience. Minimum 5 years relevant experience in Purchasing, Supply Chain, Logistics, or Sourcing. Experience with Imports, Supply Chain, and Sales Allocation; knowledge of international customs regulations and tariffs. Thorough understanding of project/program management techniques and methods. Experience in new product introduction within the consumer electronics and/or consumer audio space is a must. Motivated self-starter with high attention to detail. Experience managing cross-functional teams in geographically diverse locations. Other Skills & Abilities Ability to speak Chinese (Mandarin). Experience with ERP/MRP systems. Advanced MS Office skills; working knowledge of program/project management software. Strong analytical and problem-solving skills, with the ability to think strategically and make data-driven decisions. Excellent communication skills, meeting organization, and management.

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