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Banker Steel

Procurement Manager

Banker Steel, Lynchburg, Virginia, us, 24513

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Procurement Manager Banker Steel

Summary The Procurement Manager is responsible for developing and executing procurement strategies that ensure the timely, cost‑effective acquisition of materials, equipment, and services required for company operations. This role manages vendor relationships, negotiates pricing and terms, oversees purchasing processes, and ensures compliance with company policies and applicable regulations. The Procurement Manager balances strategic sourcing with hands‑on execution while supporting the company’s goal of being a low‑cost, high‑performance producer.

Responsibilities

Develop and manage procurement strategies to support operational, project, and fabrication needs

Negotiate pricing, terms, service levels, and contracts with vendors to achieve best overall value

Establish and maintain purchasing policies, procedures, and approval controls

Evaluate and qualify suppliers; develop new supply sources when existing vendors are inadequate

Review bids, analyze proposals, and award purchase orders in alignment with budget and schedule requirements

Negotiate blanket purchase orders and monitor cost performance over contract periods

Oversee purchase order creation, tracking, and reconciliation, including invoice approval coordination with Accounts Payable

Ensure timely delivery and acceptable quality of materials, equipment, and services

Work closely with Receiving, Fabrication, Maintenance, and Project teams to resolve shortages, discrepancies, and delivery issues

Track inventory levels for shop supplies, equipment, and maintenance items; ensure appropriate stocking levels

Monitor procurement budgets, track monthly expenses, and report cost trends

Evaluate vendor performance and recommend continuation, renegotiation, or termination

Support equipment procurement decisions, including repair versus replacement analysis

Ensure compliance with safety standards, environmental regulations, and corporate ethics policies

Participate in cross‑functional initiatives to consolidate purchasing, improve efficiencies, and leverage volume discounts

Qualifications

Bachelor’s degree in business, Supply Chain Management, or a related field, or equivalent work experience

5‑7 years of progressive experience in purchasing or procurement

Manufacturing or steel fabrication experience preferred

Experience managing suppliers, contracts, and purchasing workflows

Supervisory or lead experience preferred

Key Skills

Strong negotiation and vendor management skills

Proficiency with purchasing software (Fabtrol preferred) and Microsoft Office (Excel, Word, PowerPoint)

Strong organizational and analytical skills with attention to detail

Ability to manage multiple priorities and meet deadlines in a fast‑paced environment

Solid financial and budgeting acumen

Professional communication skills with internal teams and external partners

High level of integrity and sound judgment in handling company funds and contracts

Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Job Details Seniority level: Mid‑Senior level Employment type: Full‑time Job function: Purchasing and Supply Chain Industry: Construction

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