About the Company
Scantron is a trusted leader in assessment and data management solutions, empowering educational institutions and organizations to make data-driven decisions that improve outcomes. With decades of experience in testing, surveys, and analytics, we're committed to innovation that serves our customers and their communities.
Job Summary
A Manager of Procurement and Inventory (also called Procurement and Inventory Manager, Purchasing and Inventory Control Manager, or similar titles) oversees the end-to-end process of sourcing, acquiring, storing, tracking, and managing goods/materials to support business operations. This role combines strategic procurement with hands-on inventory control to ensure cost efficiency, supply reliability, minimal stockouts/overstock, and accurate records. Reports To: Vice President, Operations
Location: In office, not hybrid.
Key Responsibilities
· Develop and implement procurement strategies to source goods, services, and materials at the best quality, price, and terms.
· Identify, evaluate, and select suppliers/vendors; negotiate contracts, pricing, lead times, and long-term supply agreements.
· Manage supplier relationships as the primary point of contact, ensuring compliance, performance, and risk mitigation.
· Forecast inventory needs based on demand patterns, sales data, production schedules, and business goals.
· Oversee inventory levels, including monitoring stock, setting reorder points, preventing shortages or excess inventory, and optimizing stock turnover.
· Manage purchase orders: create, track, approve, and reconcile them with receipts and invoices.
· Coordinate receiving, warehousing, storage, and distribution of goods to maintain accurate physical and system inventory.
· Conduct regular cycle counts, physical inventories, audits, and discrepancy resolution to ensure data accuracy.
· Analyze inventory and procurement data; generate reports on KPIs (e.g., cost
savings, stock levels, supplier performance, turnover rates).
· Collaborate with departments like finance, operations, engineering, sales, and planning to align procurement/inventory with overall needs.
· Implement and improve processes, documentation, and ERP/inventory management systems for efficiency.
· Ensure compliance with company policies, industry regulations, and ethical standards in sourcing and inventory handling.
· Lead or supervise procurement/inventory team members, including training, scheduling, and performance management.
Required Skills and Qualifications
· Several years of experience in procurement, purchasing, inventory management, or supply chain roles (often 5+ years, with supervisory experience).
· Strong negotiation, analytical, and problem-solving skills.
· Proficiency in ERP systems (e.g., SAP, Oracle, NetSuite), inventory software, and Microsoft Office/Excel.
· Knowledge of supply chain best practices, inventory control methods (e.g., EOQ, ABC analysis), and forecasting techniques.
· Excellent communication, vendor management, and leadership abilities.
· Attention to detail, with the ability to handle data-driven decisions and multitasking in a fast-paced environment.
Salary Range:
· This position’s anticipated base salary range is $70,000 – $85,000 annually. Offer will be determined based on the selected candidate’s experience, knowledge, skills, and abilities.
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