Supply Planning & Procurement Manager

Posted 7 Hours Ago
Be an Early Applicant
Waterloo, ON, CAN
In-Office
89K-134K Annually
Senior level
Other • Biotech
The Role
Leads strategic procurement, supplier management, supply planning, and material management for engineered-to-order and make-to-order manufacturing. Develops sourcing strategies, negotiates contracts, manages supplier performance and risk, ensures material availability, and coordinates planning with engineering, production, project management, and customer service. The role builds disciplined procurement and planning processes while improving delivery, quality, inventory, cost, and working capital performance.
Summary Generated by Built In

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.

Position Summary:

The Supply Planning & Procurement Manager is responsible for leading all planning, purchasing, supplier performance, and material management activities for a highly customized engineered-to-order and make-to-order manufacturing environment. This role develops and executes supply chain strategies that ensure material availability, supplier reliability, cost competitiveness, and on-time delivery of customer projects. The successful candidate will build a disciplined procurement and planning organization capable of supporting growth while managing supply risk, inventory investment, and cost performance.

Reports To: Director of Value Stream

Essential Functions:

Position requirements include, but are not limited to:

Strategic Procurement & Supplier Management

  • Develop and execute sourcing strategies for critical commodities and supplier categories.
  • Lead supplier selection, qualification, onboarding, and performance management initiatives.
  • Establish supplier scorecards measuring quality, delivery, responsiveness, lead time, and cost performance.
  • Conduct regular business reviews with key suppliers.
  • Identify and implement supplier risk mitigation strategies.
  • Drive supplier development initiatives to improve reliability and reduce supply chain disruptions.
  • Lead contract and commercial negotiations to secure favorable pricing, terms, and delivery commitments.
  • Develop secondary sourcing strategies for critical materials and components.

Improve supplier on-time delivery, responsiveness, and overall supply chain reliability through structured supplier performance management and continuous improvement initiatives.

Supply Planning and Project-Based Manufacturing

  • Lead material planning activities within a Make-to-Order and Engineer-to-Order manufacturing environment.
  • Ensure material availability aligns with project milestones and engineering release schedules.
  • Collaborate closely with Engineering, Production, Project Management, and Customer Service teams to manage changing customer requirements.
  • Develop planning methodologies that accommodate long lead-time and custom engineered components.
  • Manage supply chain impacts associated with engineering changes and project scope modifications.

Required Experience

  • 7+ years of progressively responsible supply chain leadership experience.
  • Minimum 3 years leading procurement and planning teams.
  • Experience in capital equipment, industrial machinery, automation, process equipment, or engineered products manufacturing.
  • Experience operating in Make-to-Order (MTO) and/or Engineer-to-Order (ETO) manufacturing environments.
  • Proven track record improving supplier performance and procurement processes.

Preferred

  • APICS CPIM or CSCP certification.
  • Experience with supplier development programs.
  • Experience implementing procurement process improvements.
  • Advanced ERP planning system knowledge.

The Ideal Candidate Will:

  • Be equally comfortable working with suppliers and manufacturing operations.
  • Have experience managing supply risk in custom manufacturing environments.
  • Demonstrate strong commercial negotiation capabilities.
  • Be capable of introducing structure and discipline into planning and procurement processes.
  • Lead through influence while building accountability within the team.
  • Use data to drive decisions and continuous improvement.
  • Balance strategic thinking with hands-on execution.

Success Measures

  • Supplier On-Time Delivery
  • Material Availability
  • Inventory Turns
  • Purchase Price Variance
  • Standard Cost Accuracy
  • Supplier Quality Performance
  • Manufacturing Schedule Adherence
  • Customer On-Time Delivery
  • Working Capital Performance

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

Total Rewards

The compensation range for this position is $89,400.00 - $134,200.00, depending on experience. This position may be eligible for performance based bonus plan.

Benefits Package

Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefits-and-rewards/

IDEX is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.

Attention Applicants:  If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [email protected] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application.

This posting is for an existing vacancy.

Artificial intelligence is not used to screen, assess or select applicants.

Skills Required

  • 7+ years of progressively responsible supply chain leadership experience
  • At least 3 years leading procurement and planning teams
  • Experience in capital equipment, industrial machinery, automation, process equipment, or engineered products manufacturing
  • Experience operating in Make-to-Order and/or Engineer-to-Order manufacturing environments
  • Proven track record improving supplier performance and procurement processes
  • APICS CPIM or CSCP certification
  • Experience with supplier development programs
  • Experience implementing procurement process improvements
  • Advanced ERP planning system knowledge

IDEX Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about IDEX Corporation and has not been reviewed or approved by IDEX Corporation.

  • Retirement Support Employer savings design combines a 401(k) match with an additional company-funded defined contribution based on age and service. Automatic enrollment and contribution escalation further reinforce long‑term savings participation.
  • Healthcare Strength Medical, dental, and vision coverage offer multiple plan tiers with day‑one eligibility and national/regional carrier options. Wellness incentives, HSAs/FSAs, and an EAP extend the health and wellbeing offering.
  • Strong & Reliable Incentives Performance‑linked bonuses are a recurring component of pay, with instances of outcomes above target. A stated pay‑for‑performance approach supports the role of incentives in total compensation.

IDEX Corporation Insights

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The Company
HQ: Northbrook, IL
2,112 Employees

What We Do

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.

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