Procurement Manager

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you. SUMMARY OF JOB RESPONSIBILITIES :   The Procurement Manager is responsible for leading purchasing and supplier management activities as well as providing input on sourcing management. This role manages a team of professional procurement employees and oversees procurement of direct materials (80/20 focus) as well as indirect goods and services. The role drives cost efficiency, supplier performance, and supply continuity while aligning procurement strategies with operational and business objectives. The Procurement Manager applies data-driven decision-making, including 80/20 analysis, to prioritize high-impact categories, optimize supplier base, and improve working capital. REPORTING TO : Director of Supply Chain & Compliance DUTIES AND RESPONSIBILITIES: Procurement Strategy & Execution Develop and execute procurement strategies for direct materials (80/20 categories) and indirect spend. Ensure material availability to support production schedules while optimizing inventory levels and cash flow. Lead sourcing activities including RFQs, bid analysis, supplier selection, and contract negotiations. Drive cost reduction initiatives through value analysis, supplier consolidation, and strategic sourcing. Supplier Management & Performance Build and maintain strong relationships with key suppliers. Monitor supplier performance across cost, quality, delivery, and service (CQD) metrics. Lead supplier business reviews and corrective action plans where needed. Identify and mitigate supply chain risks (capacity, geopolitical, single-source dependencies). Direct (80/20) & Indirect Spend Management Apply 80/20 principles to prioritize high-value materials (e.g., metals, engineered components). Manage procurement of indirect goods and services (e.g., logistics, professional services). Ensure compliance with company policies and cost controls across indirect categories.

Leadership & Development Lead, coach, and develop a team of procurement professionals. Set clear performance expectations and accountability standards. Drive continuous improvement mindset and skill development within the team. Cross-Functional Collaboration Partner with Engineering, Operations, Finance, and Quality teams to align procurement with business needs. Support new product development (NPD) through early supplier involvement and cost modeling. Collaborate on cost savings, value engineering, and process improvement initiatives. Operational Excellence Maintain accurate procurement data and reporting in ERP systems. Track KPIs including cost savings, supplier performance, inventory turns, and on-time delivery. Ensure compliance with safety, ethical sourcing, and regulatory requirements. Performs other related duties as assigned. KNOWLEDGE, SKILLS, AND ABILITIES: The requirements listed below are representative of the knowledge, skills, and abilities required to perform this job successfully.  Technical & Functional Strong understanding of strategic sourcing and procurement processes Experience with metal commodities, engineered components, or industrial supply chains Knowledge of ERP systems (i.e., JDE experience preferred) Strong analytical skills with ability to apply 80/20 and data-driven decision making Financial acumen (cost analysis, total cost of ownership) Leadership & Behavioral Ability to lead and develop a small, high-performing team Strong negotiation and supplier management skills Excellent communication and stakeholder