Banker Steel · 1 day ago
Procurement Manager
Lynchburg, VA
Full-time
Onsite
Mid, Senior Level
5+ years expBanker Steel is seeking a Procurement Manager who will be responsible for developing and executing procurement strategies to ensure timely and cost-effective acquisition of materials and services. The role involves managing vendor relationships, negotiating contracts, and overseeing purchasing processes to support the company's operational goals.
Construction
Responsibilities
Develop and manage procurement strategies to support operational, project, and fabrication needs
Negotiate pricing, terms, service levels, and contracts with vendors to achieve best overall value
Establish and maintain purchasing policies, procedures, and approval controls
Evaluate and qualify suppliers; develop new supply sources when existing vendors are inadequate
Review bids, analyze proposals, and award purchase orders in alignment with budget and schedule requirements
Negotiate blanket purchase orders and monitor cost performance over contract periods
Oversee purchase order creation, tracking, and reconciliation, including invoice approval coordination with Accounts Payable
Ensure timely delivery and acceptable quality of materials, equipment, and services
Work closely with Receiving, Fabrication, Maintenance, and Project teams to resolve shortages, discrepancies, and delivery issues
Track inventory levels for shop supplies, equipment, and maintenance items; ensure appropriate stocking levels
Monitor procurement budgets, track monthly expenses, and report cost trends
Evaluate vendor performance and recommend continuation, renegotiation, or termination
Support equipment procurement decisions, including repair versus replacement analysis
Ensure compliance with safety standards, environmental regulations, and corporate ethics policies
Participate in cross-functional initiatives to consolidate purchasing, improve efficiencies, and leverage volume discounts
Qualification
Required
Bachelor's degree in business, Supply Chain Management, or a related field, or equivalent work experience
5-7 years of progressive experience in purchasing or procurement
Experience managing suppliers, contracts, and purchasing workflows
Strong negotiation and vendor management skills
Proficiency with Microsoft Office (Excel, Word, PowerPoint)
Strong organizational and analytical skills with attention to detail
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Solid financial and budgeting acumen
Professional communication skills with internal teams and external partners
High level of integrity and sound judgment in handling company funds and contracts
Preferred
Manufacturing or steel fabrication experience
Supervisory or lead experience
Proficiency with purchasing software (Fabtrol preferred)
Company
Banker Steel
Banker Steel Co is a leading full-service fabricator of structural steel components used in commercial and infrastructure projects.
201-500 employees
H1B Sponsorship
Banker Steel has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2021 (1)
Funding
Current Stage
Growth StageTotal Funding
unknown2021-05-27Acquired
Leadership Team
Chet McPhatter
COO
Company data provided by crunchbase