Procurement Manager

KLR Executive Search is proud to partner with our client, Little Kids, Inc. to offer an exceptional career opportunity. Due to the companys impressive growth, Little Kids is seeking a talented Director of Procurement, reporting to the President. Based in Seekonk, MA, Little Kids is a leading innovator in the toy and entertainment industry, bringing joy and creativity to children and families worldwide. For over 30 years, they've been creating award-winning toys and bubbles, combining fun with quality and innovation.In this pivotal role, you'll spearhead the purchasing process, from cost analysis to inventory management, ensuring our operations align with LKI's mission of innovation and quality. You'll be instrumental in managing vendor relationships, negotiating contracts, and leveraging your expertise in seasonal consumer goods to optimize production timelines. This is an exciting opportunity for a seasoned professional looking to take the next step in their career. You will closely partner with two peers- the Demand Planning & Allocation Director as well as the Director of Planning & International Operations. This is your opportunity to lead the procurement function, drive strategic improvements, and implement innovative solutions. If you are ready to elevate your career and make a meaningful impact, we encourage you to apply!Key Responsibilities:Procurement LeadershipAlign procurement strategies, in conjunction with Supply Chain colleagues, with LKI's overall goals and objectives.Bring ideas forward to lead the evolution of procurement policies, purchase price analysis, and ancillary cost forecasting.Maintain and update ERP systems for seamless operations planning.Purchasing ExcellenceResearch, develop and implement purchasing policies and manage budgets in collaboration with Finance leadership.Collaborate with sales and marketing to forecast demand and purchase inventory accordingly.Manage domestic and international component purchases, ensuring timely delivery to support production.Vendor and Supplier RelationshipsMaintain strong relationships with domestic and international suppliers, including key factory/contract manufacturing partnerships in China; as well as discover new potential partners.Negotiate costs, resolve discrepancies, and oversee the supplier chargeback process.Data-Driven InsightsLeverage advanced Excel skills to create cost analysis reports, forecast expenses, and monitor gross margins.Track inventory, manage purchase orders, and maintain visibility through detailed reporting.The successful candidate will bring:Experience in international operations, planning, and purchasing.Experience in procurement, inventory analysis, and negotiation experience.Advanced Excel skills for analyzing and presenting complex data.Proven ability to build relationships with global suppliers and negotiate effectively.Familiarity with seasonal consumer goods and ERP systems (NetSuite preferred).Why Join Little Kids, Inc.?Hybrid Flexibility: Enjoy the balance of remote and in-office work while leading a dynamic team.Innovative Culture: Be part of a company that celebrates creativity, collaboration, and the power of play.Global Impact: Work with international suppliers to deliver high-quality products that bring joy to families worldwide.Career Growth: Join a company that values professional development and recognizes your contributions.Summer Hours: From Memorial Day to Labor Day take advantage of Mon-Thur hours of 8AM-5:30PM, Friday 8AM-12PM

Created: 2025-02-19