About Us:
Panelmatic, Inc. was founded in 1957 in Youngstown, OH to serve manufacturing industries with the design and build of custom electrical, instrument, and pneumatic control panels. Our business has sufficiently grown over the years to support expansion for our clients. We have produced control packages for many of America's top corporations in the chemical, environmental, food, pulp and paper, rubber, petroleum, pharmaceutical, glass, metals, and utilities industries. We also deliver equipment for use worldwide. Our rigorous methodology assures compliance with domestic and international standards. We can meet the needs of our diverse clientele from start to finish through sales, design, fabrication, testing, and delivery.
Since 1957, we have been known for our high-quality, custom-built control packages, our comprehensive service, and our technological and manufacturing expertise. This expertise assures you of our ability to handle the largest and most complex packages quickly and efficiently.
Job Duties:
- Develop and execute commodity strategies for electrical OEM equipment, including:
- Circuit breakers and molded-case/air circuit breakers
- Protective relays and electrical protection devices
- Disconnect switches, transfer switches, and other switching equipment
- PLCs, I/O modules, industrial controllers, and automation components
- Related electrical control, power distribution, and instrumentation products
- Manage strategic supplier relationships with major electrical OEMs, authorized distributors, and qualified channel partners.
- Lead negotiations for pricing, rebates, volume discounts, payment terms, warranty provisions, and other commercial conditions.
- Establish long-term pricing agreements with clearly defined firm-price periods, adjustment mechanisms, and volume commitments.
- Secure supplier capacity commitments aligned with Panelmatic’s production forecasts, customer backlog, and growth plans.
- Negotiate production allocations, reserved capacity, and lead-time commitments for critical and constrained components.
- Establish clear commercial protections for advance payments, production slot reservations, delivery commitments, and supplier nonperformance.
- Proactively manage extended lead times, product shortages, allocation constraints, and end-of-life notifications.
- Develop risk mitigation plans, including qualified alternatives, safety-stock strategies, and contingency sourcing.
- Establish strategic business reviews with key suppliers to evaluate performance, capacity, quality, cost, and improvement opportunities.
- Develop supplier scorecards covering on-time delivery, lead-time adherence, quality, responsiveness, and commercial performance.
- Support new product introductions, engineering changes, component qualification, and approved manufacturer list development.
- Work with Planning to improve forecast visibility and provide suppliers with reliable demand signals.
- Support inventory optimization, strategic buys, and advance purchasing decisions using demand, lead-time, risk, and return-on-investment analysis.
- Ensure purchased components meet applicable customer specifications, approved designs, and relevant UL, IEC, or other required standards.
- Identify opportunities to improve working capital through payment terms, inventory management, and purchasing strategies.
- Support Panelmatic’s broader operational excellence and capacity expansion initiatives.
Preferred Experience:
- Bachelor’s degree in Supply Chain, Business, Engineering, or a related field
- Experience managing commodities such as metals (steel), copper, or electrical components
- Background in supplier development and continuous improvement initiatives
- Familiarity with contract terms, incoterms, and commercial agreements
- Experience implementing or working with supplier scorecards and KPI tracking
- Lean, Six Sigma, or similar continuous improvement experience
Requirements
- 10+ years of experience in procurement, strategic sourcing, or supply chain management
- Power Distribution equipment industry experience required
- Experience in an industrial manufacturing environment
- Ability to read and interpret technical drawings, specifications, and bills of material (BOMs)
- Experience with ERP systems (Syteline, SAP, Oracle, or similar), including maintaining supplier, pricing, and lead time data
- Proficiency in data analysis tools to support decision-making
- Strong communication and cross-functional collaboration skills
Benefits
- Medical, dental, vision, HSA, term life, AD&D, STD, LTD
- 100% medical premium paid for by Panelmatic for the employee-only level medical coverage
- 80% paid for by Panelmatic and 20% paid for by the employee on all other level medical coverage (i.e. employee plus child, employee plus spouse, family)
- 401(k) contributions matched 100% up to 4%
- Scholarships, educational reimbursement, paid volunteerism, and paid personal and professional development provided
- PTO and paid holidays provided
- Career advancement opportunities
- Competitive wages
- Family-friendly environment with average employee tenure above five years