Senior Procurement Manager (Finance)

Overview

About Enerpac Tool Group

Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group's businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com .

Location: Milwaukee, WI

We believe that being in-office together strengthens relationships, builds trust, and fosters teamwork, creating a culture where both careers and our company thrive. Currently, our in-office schedule is Tuesday through Thursday in our beautiful, newly renovated, historic building in downtown Milwaukee at 648 N. Plankinton Avenue. Beginning September 1, 2025, we will transition to an in-office schedule of Monday through Thursday, with Friday as an optional work-from-home day, balancing collaboration and flexibility. Additionally, our dress code is always Business Casual, ensuring a professional yet comfortable work environment.

Brief Description

This position Reports to the Director of Category Management and is principally responsible for the management of all activities associated with procurement of global electrical components, contract manufacturing and buy brand resale type products. This position will provide full procurement category leadership, working closely with multiple site locations and our product strategy team to develop procurement strategies and coordinating on global supply chain activities to ensure that cost, quality, delivery and service objectives are achieved.

Functional Activities

• Plans, organizes, directs, controls and communicates all strategic sourcing activities related to assigned categories to cross functional supply, Product Strategy, engineering, technical support and operations groups.
• Conducts brainstorming sessions at Enerpac facilities with cross functional teams to identify strategic commodities and deployment priorities on cost saving initiatives.
• Provides oversight to sourcing/project managers on the deployment of projects with internal and external stakeholders.
• Collaborates with regional and low cost regional supply teams to identify, screen and qualify strategic suppliers. Works with global facilities to create regional and global material cost savings funnels that align with commercial strategies and financial targets.
• Drives spend analysis, including counter measures for projects that fall short of plan and makes decisions to remedy the issues to get the teams back on track to meet or exceed plan.
• Possesses an understanding of total cost of ownership.
• Proactively assesses internal and external process improvements and influences effective change and drive innovation and continuous improvements.
• Collaborates with global business units on the preparation of Request for Proposals (RFPs), Request for Quotations (RFQ's) and leads the screening and supplier selection process.
• Negotiate and drafts supplier contracts of sale, including: payment terms, deliveries, price, freight terms, currency exchange, raw material steel fluctuation, inventory levels.
• Analyzes market and delivery conditions to determine present and future (industry trends in pricing and availability that will impact the business) material availability, and prepares market analysis reports.
• Responsible for timely reporting to agreed upon KPI's and presenting Strategic Sourcing plans, activities and progress

Job Requirements & Qualifications

• BA or BS degree preferably in Supply Chain or Engineering competency, minimum in a business/industrial related field
• 10 years of experience working in an industrial manufacturing environment with experience in an Engineering, Supply Chain, with a preference for proven category knowledge in electronics and battery technology
• Proven success of strategically working with suppliers or customers
• Experience sourcing and working globally with low cost regions

• Proven success in a change management and "stretch" environment

• Ownership of any/all of the following commodities: Electronics, Electrical Components, Contract Manufacturing

Desired Qualifications

• Proven success in a matrix driven organization
• Experience in a centralized Supply Chain structure
• Excellent working knowledge of industrial markets, suppliers and company requirements

Capabilities and Success Factors

• Bias for Action : Decisive, makes timely practical, effective decisions. Takes initiative without being asked.
• Open Communication: Willingness to ask and honestly answer tough questions. Treat other's opinions with respect. Foster open communications and candid discussions. Share information that helps others succeeds. Keep others in the loop.
• Data Analysis/Interpretation : Ability to convert general data and findings into applied, specific information and suggestions that add value in the category(s) managed delivering results for the business.
• Manages Systems and Processes: Effectively uses systems and processes to measure, monitor, manage and impact performance. Improves processes and builds scalability.
• Financial Analysis Knowledge: Knowledge and application of the principles of financial analysis and capital projects justification (e.g. life cost analysis, internal rate of return, net present value, economic profit, economic value added). Experienced in Make/Buy decision making to ensure proper enterprise first decisions are made.
• Negotiations : Ability to influence and effectively negotiate optimal arrangements between Enerpac stakeholders and suppliers.
• Supplier Contracts : Knowledge of the legal terminology and language related to supplier and or vendor agreements and contracts.
• Persuasive: Demonstrates healthy and productive influencing ability. Gains the respect and confidence of others. Builds constructive and effective relations.
• Drives for continuous improvement : Align continuous improvement with the strategic objectives of the organization; drives process excellence; make continuous improvement part of creating a high performance culture; blends the best practices from different methodologies and focus on data, not emotions.

EEO Statement

Enerpac is an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected status in accordance with applicable federal, state, and local laws. We are committed to creating an inclusive environment for all employees and applicants and encourage candidates of all backgrounds to apply.

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