
501 - 1000 employees
Founded 1895
🚀 Aerospace
🔧 Hardware
🔬 Science
💰 Private equity on 2005-02
Aerospace • Hardware • Science
Arnold Magnetic Technologies is a US-based industrial manufacturer of high-performance permanent magnets, electromagnetic assemblies, custom electric motors, precision thin metals, and flexible magnetic composites. The company provides engineered magnetic solutions and materials for demanding applications across aerospace & defense, scientific research, motors and industrial markets, and offers design collaboration, advanced materials processing, and vertically integrated manufacturing with ITAR/DFARS-compliant supply chains.
🕒 June 16
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501 - 1000 employees
Founded 1895
🚀 Aerospace
🔧 Hardware
🔬 Science
💰 Private equity on 2005-02
Aerospace • Hardware • Science
Arnold Magnetic Technologies is a US-based industrial manufacturer of high-performance permanent magnets, electromagnetic assemblies, custom electric motors, precision thin metals, and flexible magnetic composites. The company provides engineered magnetic solutions and materials for demanding applications across aerospace & defense, scientific research, motors and industrial markets, and offers design collaboration, advanced materials processing, and vertically integrated manufacturing with ITAR/DFARS-compliant supply chains.
• Lead the Procurement function, including optimization of strategies, suppliers, processes, and personnel, to deliver products and services at the lowest total system cost. • Direct the strategic professionalization of the Procurement function and establish process and cadence to deliver exceptional cost savings year-over-year. • Manage vendor relationships and establish KPIs and scorecards to drive improvement. • Develop and execute category strategies for engineered products aligned to business objectives, cost targets, and supply continuity. • Identify, prioritize, and execute a pipeline of strategic sourcing initiatives to deliver cost savings, quality improvements, and service enhancements. • Lead sourcing events including RFQs/RFPs, supplier benchmarking, negotiations, and contract execution. • Drive supplier consolidation and rationalization where appropriate to leverage scale and improve performance. • Partner with engineering and operations to challenge specifications and identify value engineering opportunities.
• Bachelor’s degree in Business, Marketing, Engineering, or related field required. • 8+ years of experience in Procurement roles with track record for progression into roles with greater responsibility. • 3+ years of experience as an industrial manufacturing Sourcing Manager or Commodity Manager with direct responsibility for developing and executing strategy. • Expertise in strategic sourcing, procurement, and vendor management – additional experience across planning, inventory management, and logistics is preferred. • Demonstrated ability to build strong supplier relationships to manage performance for quality, delivery, and working capital (including payment terms and inventory value). • A hands-on, resourceful, entrepreneurial approach and ability to balance strategic leadership with day-to-day execution. • Proven track record for driving cost-out initiatives to deliver significant, year-over-year cost savings for direct materials and across all varieties of indirect spend. • Willingness to travel internationally as needed.
• Part of a market leader in advanced magnetic and materials technology. • Shape the global Procurement function and direction for a rapidly growing, technology-driven, innovative company. • Collaborate with a world-class team dedicated to engineering excellence and customer success.
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