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Procurement Manager

TestEquity LLC
United States, Illinois, Schaumburg
Jun 17, 2025
Job Details
Job Location
IL Schaumburg - Schaumburg, IL
Position Type
Full Time
 
Description

Summary/Purpose of the Position:

The Procurement Manager manages the Company's sourcing capabilities and supply chain. This role is responsible for strategizing and negotiating with suppliers and vendors to acquire the most cost-effective deals and to reduce procurement expense.

Essential Duties, Functions and/or Responsibilities:



  • Supervise the day-to-day activities for the procurement team
  • Ordering control and methods for the region
  • Inventory methods and surplus levels of the region
  • Mentor Buyers and Procurement Support Staff on best practices
  • Buy and manage inventory levels for their region(s)
  • Support Key Initiatives of Supply Chain
  • Mitigate current and future risks associated with commodities and products
  • Ensure suppliers understand the business needs and initiatives
  • Support the Strategic Relationship Management Plan
  • Inventory turn goals
  • Surplus Goals
  • Documented Cost Savings
  • Purchase Order Status
  • Projects/Initiatives
  • Marketplace Trends
  • Perform reviews as required by company policy
  • Ensure timely and accurate database information to enable the processing or purchase orders, inventory variables (i.e. lead-times) and invoices/costing
  • Manage transaction discrepancies in a timely manner
  • Support supplier quality management (as needed)
  • Indirectly responsible for product quality
  • Other duties as assigned


Qualifications

Education and/or Work Experience Requirements:



  • High School Diploma or GED required
  • Bachelor's Degree in Business preferred
  • 4+ years' experience in Procurement/Supply Chain
  • Professional, self-starter with a positive attitude, and well-rounded procurement experience including the delivery of financial results
  • Good understanding and proven ability to deliver results
  • A "Can-Do"- service oriented attitude
  • Proficient Skills in Microsoft Excel, Word, PowerPoint & Outlook
  • Detail oriented with analytical capacity
  • Project Management skills
  • Ability to cooperate in a Team Atmosphere
  • Ability to work autonomously
  • Knowledge of Distribution and Channel Management preferred
  • Ability to build and maintain complex spreadsheets
  • Infor/SX System Knowledge preferred
  • Willingness and ability to travel up to 20% of the time



Physical Requirements:



  • Ability to safely and successfully perform essential job functions in accordance with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.
  • Ability to maintain regular and timely attendance in accordance with the ADA, FMLA, and other federal, state, and local regulations.



This position requires applicants to be authorized to work in the US without sponsorship; TestEquity does not sponsor applicants for work visas.

TestEquity provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.


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