Purchasing Specialist

4 weeks ago

Rochester, United States Salzman Group Inc Full time
Job DescriptionJob DescriptionDescription:

The Purchasing Specialist oversees the profitable procurement and timely delivery of products for the Company’s e-commerce platforms, both domestically and internationally. This role collaborates with the Sales, Marketing, and Operations teams to meet the company's objectives, ensuring supply chain and inventory management align with a dynamic merchandise mix and related financial responsibilities. All procurement actions must adhere to company-set policies and procedures, considering both local and global market dynamics.


Requirements:

Responsibilities:

  • Efficiently purchase inventory, supplies, and capital equipment.
  • Periodically evaluate vendors/suppliers, notifying management if vendors do not meet performance or quality standards.
  • Process purchase requisitions, ensuring accuracy and appropriate authorization. Propose new or substitute vendors when beneficial.
  • Issue and manage purchase orders; negotiate prices, delivery, and credit terms in line with company policies and procedures. Keep comprehensive purchasing records.
  • Implement risk management for supply contracts and agreements.
  • Establish and oversee the procurement budget.
  • Develop and apply effective sourcing strategies.
  • Harness research skills to identify and engage with profitable suppliers, and negotiate beneficial terms.
  • Establish and nurture business partnerships.
  • Supervise supply needs and approve the procurement of necessary goods and services.
  • Oversee end-to-end workflow, from order initiation to delivery completion.
  • Build and maintain strong relationships with vendors, ensuring updated vendor records.
  • Analyze inventory reorder levels and pricing tiers to ensure cost-effective purchasing in alignment with the company’s capital costs.
  • Generate monthly procurement reports, review forecasts of purchasing commitments, and assess performance against targets.
  • Collaborate with the warehousing and distribution teams to ensure seamless integration of purchasing plans with inventory management and logistics.
  • Stay abreast of market trends and technological advancements in the e-commerce industry to inform purchasing strategies.
  • Monitor and report on key performance indicators (KPIs) related to procurement and inventory management.
  • Address and resolve any issues or discrepancies that arise in the procurement process.
  • Handle additional purchasing, inventory, and accounting tasks as required or requested.

Qualifications:

  • Minimum of 2 years of proven experience in a similar role, specifically within the e-commerce sector.
  • Proficient in sourcing and procurement techniques with a keen ability to forecast market trends.
  • Strong experience in data collection and analysis.
  • Comprehensive understanding of procurement, logistics, and inventory management practices.
  • Outstanding analytical and problem-solving abilities with a proactive decision-making attitude.
  • Organized, with efficient planning skills.
  • Effective written and verbal communication skills, coupled with the ability to nurture business relationships both internally and externally.
  • Proficiency in spreadsheet, word-processing software, and other relevant e-commerce and inventory management tools.


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