Procurement Lead

Thruway Fasteners, Inc. is one of the leading distributors of industrial products, supplying hundreds of original equipment manufacturers in 40 states and 28 countries. We help customers increase efficiency, drive growth, and rapidly respond to unique business challenges and opportunities. Thruway utilizes custom technology applications and vast industry specific knowledge to develop unique and flexible product management solutions. Headquartered in North Tonawanda, NY, Thruway has six branch locations across New York, Pennsylvania, and Georgia.

Position Overview: As a Procurement Lead, you will play a pivotal role in optimizing our supply chain operations and ensuring the timely and efficient procurement of products. Your contribution will be instrumental in fostering a collaborative team environment, streamlining processes, and enhancing our vendor relationships to meet customer demands effectively.

Key Responsibilities:

• Develop and implement procurement strategies to ensure consistent availability of products while optimizing costs and maintaining high quality standards.
• Collaborate with cross-functional teams including sales, operations, and logistics to forecast demand, plan inventory, and ensure accurate order fulfillment.
• Cultivate and maintain strong relationships with existing suppliers to expand product offerings and enhance competitiveness.
• Monitor market trends, supplier performance, and industry best practices to proactively identify opportunities for process improvement and innovation.
• Analyze procurement data and utilize tools to make informed decisions, drive cost savings, and enhance operational efficiency.
• Participate in negotiations with suppliers, manage contracts, and enforce compliance with terms and conditions.
• Ensure adherence to regulatory and compliance requirements related to procurement and supply chain operations.

Qualifications:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• Proven experience (2+ years) in a supply chain or procurement role.
• Understanding of supply chain principles, procurement strategies, and inventory management.
• Experience or skillset to successfully provide team leadership, fostering a collaborative environment, and developing team members' skills.
• Negotiation, communication, and interpersonal skills, with a track record of building and maintaining strong supplier relationships.
• Proficiency in utilizing procurement software, inventory management tools, and data analysis for strategic decision-making.
• Knowledge based understanding of market trends, industry dynamics, and regulatory requirements impacting procurement operations.
• Results-driven mindset with a focus on continuous improvement and operational excellence.

Work Environment and Physical Demands:

• Office Environment
• Sitting 80% of time and standing/movement 20% of the time
• Occasional travel to other branch locations and suppliers

Job Type: Full-time

Schedule: Monday-Friday, 8am-4:30pm

Location: Binghamton, NY

Compensation: $20.00-$23.00 per hour

Thruway Fasteners offers a comprehensive benefit program for eligible employees including; medical, dental, vision, life insurance, disability plans, accident protection, critical illness, legal shield/ID shield plans, Paid Time Off, Paid Holidays, and 401k retirement plan with employer match.

Thruway Fasteners, Inc. is an Equal Opportunity Employer committed to engaging a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status. The chosen candidate must successfully pass pre-employment background check and drug screen.