Sourcing & Inventory Manager

Job Description: Procurement Manager- Sourcing/Inventory Management Rev 0 Department: Procurement Date 23-Jun-26 Reports to: Strategic Procurement Director Location: Houston, TX The Role Support in the development and execution of company Procurement strategy. Structured around existing company Procurement Plan and Roadmap, develop and execute the Procurement strategy for company. This includes an underlying long-term plan/roadmap to accomplish that strategy through identifying opportunities. Identifying and executing strategic sourcing opportunities via the company Procurement Plan, spend analysis, and working closely with internal stakeholders via a Strategic Sourcing Methodology. Creation and supporting an organized inventory management program for different warehouses, shipyards and different locations with high dollar/qty inventory for boats and barges. Managing Inventory Specialist in support of company inventory management program. Key Responsibilities •STRATEGIC SOURCING oSupport the Director of Procurement in the development and execution of the company Procurement Plan. Identify categories to source via company spend analysis and through interaction with internal stakeholders. Sourcing of categories using Strategic Sourcing Methodology and working closely with stakeholders to deliver cost savings, structured supply chain practices and continuous improvement. Implementation of executed framework agreements obtained through the strategic sourcing of main categories. Setting up supplier management programs for Tier 1, 2, & 3 suppliers with action based KPIs. Performing organizational continuous spend analyses, contract analyses, category reviews and propose action and initiatives to include in the annual Procurement Plan. •INVENTORY MANGEMENT oOversight and maintaining accurate inventory levels to meet business requirements for boat and barge critical parts. Create and implement an inventory strategy for current and future inventory to keep on hand and ordering patterns. Organize, account and dispose of current inventory not needed to clean up and identify critical parts and JIT inventory strategy. Align ERP and current inventory levels •CONTRACT MANAGEMENT oEnsure the proper implementation and follow-up of relevant procurement contracts. -Facilitate visibility and availability of contracts -Ensure adequate acceptance and usage of contracts -Ensure that supplier contracts are managed in line with the specifications of the Procurement Policies and principles (compliance). oEvaluate and improve use of contracts and decide on development together with stakeholders (e.g. termination of modification) •SUPPLIER MANAGEMENT oManage supplier base in coordination with internal stakeholders by monitoring, evaluating and improving supplier performance as part of the Supplier Management Program. This minimally includes the creation of maintenance of Project Approved Vendor List (AVL), tiering of supplier base, measuring performance through KPIs of critical suppliers, participating in evaluation meetings and identifying and executing process improvement programs. •PERFORMANCE MANGEMENT oUnderstand and constantly measure and analyze processes and their performance/results by measuring department Key Performance Indicators (KPIs) (e.g. Invoice First Time Match, Days for PO Issuance, P2P, savings, etc.). Provide recommendations to improve performance. •PROCESS MANAGEMENT AND IMPROVEMENT oDrive continuous improvement by understanding and continuously analyzing processes, identifying and implementing process improvement actions. (Ex: Identifying opportunities for PO efficiency, PO reduction, Solution for small dollar Pos, etc.) Key Performance Indicators •Safety performance of suppliers •First time match POs/Invoices •Invoice date vs payment date •Physical receipt of goods/ to system receipt •Process improvement savings •Cost savings •Quantity of POs created •Supplier performance improvement •Internal customer satisfaction and supplier s…