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Procurement Manager in Troy, MI at North American Bancard

Date Posted: 11/5/2018

Job Snapshot

Job Description


The Procurement Manager will be responsible for defining and leading the sourcing and procurement strategy for North American Bancard and its family of companies.  You will develop and maintain a deep knowledge base of vendor cost structures across multiple product and services categories to inform purchasing decisions. In addition, this person will be responsible for implementing a formal vendor evaluation and RFP process for major purchases. This is both a strategy and execution role that will require cross-functional collaboration involving product development, finance, operations management and Legal.


Here is what else you will do:

  • Lead the complete end to end procurement process; including vendor selection and evaluation,  contract negotiation for major purchases of equipment, products, services, software, supplies and other items as needed.
  • Partner with in-house counsel to draft contracts
  • Drive and maintain a company-wide procurement strategy including purchasing guidelines, vendor identification and selection, and contract negotiation process to optimize cost and minimize supply risks
  • Drive an improved item master process to ensure easy reconciliation of purchase orders and invoices
  • Develop and maintain up-to-date research and cost analysis to inform purchasing decisions.
  • Develop key metrics to evaluate supplier performance.
  • Develop and implement strategies for storing and distributing goods or services and maintaining stock levels
  • Drive continuous improvement in all aspects of procurement by establishing and maintaining best practices and controls for major purchases
  • Maintain open communication with the leadership team and department heads to determine their product and service needs and facilitate adoption and compliance with a company-wide procurement strategy
  • Monitor business trends and product availability to pay the best price for company goods and services without sacrificing quality or delivery times

Job Requirements

Here is what we need from you:

  • Bachelor’s Degree business, finance or related field
  • 5 or more years of experience in both contract negotiations and strategic/operational procurement functions (e.g. cost, delivery risk, vendor selection).
  • Strong understanding and management of the purchasing and vendor selection process  from concept to production.
  • Demonstrated leadership and analytical skills.
  • Hands-on, “get things done” mentality. Has a willingness to get hands dirty, and work with minimal direction. Self-starter with the ability to prioritize in a fast-paced environment and meet changing deadlines and priorities on multiple simultaneous projects.
  • Experience in project management, creative problem solving and cross-functional team building
  • Ability to communicate and effectuate change at all levels of the organization
  • Experience developing a Procurement/Purchasing function, preferably in the financial services industry


At North American Bancard, we celebrate diversity and create an inclusive environment for everyone. We are an equal opportunity employer.


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