Materials Manager

Lou-Rich is seeking a highly organized and strategic Materials Manager to oversee the planning, procurement, inventory, and distribution of materials required for our manufacturing operations. The ideal candidate will lead a team responsible for ensuring material availability, managing supplier relationships, and optimizing inventory levels to support production goals and customer satisfaction.

Innovance, Inc.

Innovance is the holding company for a family of four, 100% employee-owned, Minnesota-based manufacturing companies (Lou-Rich, ALMCO, Panels Plus, Mass Finishing, Jorgensen). Our mission is to lead, nurture, and grow a team of industrial manufacturing companies committed to making our OEM customers' products better.

About Lou-Rich

Lou-Rich is a fully integrated contract manufacturer specializing in complex projects. We provide precision machining, metal fabrication, assembly, and sourcing solutions to a variety of industries, including some of North America's largest OEMs. Companies of all sizes, from Fortune 500 companies to small, fast-growing operations trust Lou-Rich with their most vital and complex manufacturing projects.

Position Description:

The Materials Manager is responsible for overseeing the end-to-end supply chain operations including procurement, production planning, inventory control, shipping, and receiving. This role ensures that materials and products are available when needed, cost-effective sourcing strategies are in place, and inventory accuracy is maintained. The manager will lead process improvement initiatives, supplier management, and performance reporting across all supply chain functions.

Key Responsibilities:

Procurement and Supplier Management:

· Oversee the entire purchasing process including sourcing, negotiations, and supplier selection.

· Develop and implement sourcing strategies that reduce cost and manage risk.

· Build and maintain strong supplier relationships and monitor performance.

Inventory and Materials Management:

· Direct and maintain accurate inventory control systems and ensure perpetual inventory accuracy.

· Manage storage of purchased parts and finished goods, optimizing space and accessibility.

· Monitor and maintain inventory levels to ensure timely fulfillment of customer orders.

· Identify and manage obsolete or damaged inventory and coordinate appropriate write-offs.

Production Planning and Scheduling:

· Direct production planning and scheduling activities based on ERP data.

· Ensure materials and components are available to meet production schedules and customer timelines.

Shipping and Receiving:

· Oversee all shipping and receiving operations to ensure timely and accurate order fulfillment.

· Identify opportunities to reduce transportation costs and optimize logistics operations.

Cycle Counting and Auditing:

· Establish and monitor procedures for regular cycle counts and physical inventory audits.

· Investigate discrepancies and implement corrective actions.

Performance Management and Continuous Improvement:

· Track, report, and analyze key performance indicators (KPIs) related to procurement, inventory, and logistics.

· Lead process improvement initiatives to increase efficiency and effectiveness in supply chain operations.

General Responsibilities:

· Ensure compliance with internal controls and regulatory standards.

· Perform other related duties as assigned.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Qualifications:

· Bachelor's degree in Supply Chain Management, Business, Logistics, or related field.

· Minimum 5 years of experience in procurement, inventory management, or supply chain leadership.

· Proficiency in ERP systems and Microsoft Office Suite.

· Strong analytical, organizational, and communication skills.

Preferred Qualifications:

· Certifications such as CPIM, CSCP, or PMP.

· Experience in a manufacturing or distribution environment.

Lou-Rich Training Requirement:

· Applicable training will be completed by following the syllabi (Human Resources, Safety, IFS - Timeclock, IFS - Navigation, ISO etc.) for each new hire and that will be verified by the Employee Orientation & Job Qualification form within the first 60 days of employment.

· Applicable training will be completed by following the Planning, Customer Service, and Inventory Training Matrix (F4400-040). Effectiveness of Planning, CS, Inventory training guidelines will be determined by employee knowledge and demonstration of learned concepts. Additional training after the first several weeks of on-the-job training will be determined by the Supervisor in preparation to operate on their own as needed. Any follow-up training will be evaluated and provided at the 60-day review or as deemed necessary for the position.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use hands or fingers and talk and hear.

Work Environment:

The work environment characteristics described here are representative of those and employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Americans With Disabilities Act:

If you are a qualified individual with a disability, you have a right to request that the Authority make reasonable accommodations in order to help you accomplish your work, which must still be performed in all essential functions.

PI07dfbd026e9e-

Full Time