Product Development Specialist/Buyer

2 weeks ago

Richmond, United States Wolf Recruiting Full time

Richmond Wholesale Company, headquartered in Richmond, California, holds prestigious certification as a Minority Business Enterprise (MBE). With a rich legacy dating back to 1959, Richmond stands at the forefront of global food manufacturing, supplying over 10,000 premium frozen, chilled, and dry food products to the esteemed US Military. Notably, Richmond welcomed investment from IMB in 2020, forging an active partnership that underscores our commitment to excellence.

POSITION SUMMARY

Working independently and exercising good judgment and discretion, this position is primarily responsible for analyzing the market to identify and pursue product development opportunities with new private label and national brand sources while assessing those capabilities to meet the Company's strategic goals. These products/services are to be negotiated and contracted at best possible price while maintaining required quality under the Company's quality standards. These quality standards are based on customer requirements and maintaining a best-in-class service level.

JOB RESPONSIBILITIES

  • Responsible for strategically researching and developing new and innovative items with prospective suppliers at the best possible market prices while meeting or exceeding quality standards.
  • Researches market reports (daily and periodic) and trends, Meat Buyers Guide, and industry-related articles to enhance knowledge base and identify product growth areas.
  • Accurately secures and presents complete price quotes for all departments as needed; communicate product opinions to Sales/Account Management teams (i.e., pricing and product quality options and availability of appropriate substitutions).
  • Obtains and maintains the most current price lists for all vendors (i.e., daily, weekly, monthly, quarterly).
  • Assists in facilitating the recall process, including communication with external vendors and internal Recall Team.
  • Works with Accounts Payable and the vendor when issues arise within 24 hours of notification.
  • Collaborates with affiliate companies to secure synergistic Company procurement.
  • Conducts internal presentations and provides all necessary product information, including point of sale, pricing, product specs, lead time, private label capabilities, and all available exclusive opportunities.
  • Prepares, reviews, and negotiates contracts and vendor agreements for legal correctness, price, and acceptability of items to specifications (includes negotiating allowances, discounts, rebates, and term discounts from vendors).
  • Obtains and maintains private label specification sheets for all items under their given area of responsibility.
  • Visits vendor facilities and assists in the Quality Assurance of the RW products, especially internal private brands.
  • Strictly adheres to Richmond Wholesale's employment policies, departmental operating policies, and all federal and state regulatory and compliance laws pertaining to our business and industry.
  • Actively maintains a collaborative spirit/dialogue with other departments and Associates to promote workplace harmony and productivity, embracing and fostering the Company's mission.
QUALIFICATIONS

Required:
  • Four-year degree, preferably in business.
  • Minimum of 5 years of food purchasing experience, or an equivalent in combined education and work experience.
  • Manufacturing or warehouse experience preferred.
  • Experience in Microsoft Outlook, Word, and Excel required.
ABILITIES AND COMPETENCIES ESSENTIAL TO THE FUNCTION OF THE JOB

Communication and Comprehension
  • Ability to effectively communicate both verbally and in writing to convey clear, well-articulated information.
  • Ability to understand, speak, and write grammatically correct English in order to convey messages and correspond articulately and professionally.
  • Possess public communication skills that allow professional representation of Richmond Wholesale to a variety of business, government and community customers and associates.
  • Must be detail oriented with strong organizational skills and have consistent and disciplined follow through.
Problem Solving
  • Intuitively able to reason, analyze information and events, and apply judgment in order to solve problems of both a routine and complex nature.
  • Must be able to work under stress, presenting a calm professional demeanor at all times.
Physical and Sensory Abilities
  • Required to travel locally and outside the local area.
  • Frequently required to sit for extended periods to perform desk work or type on a keyboard.
  • Regularly required to hear and speak to communicate orally effectively.
  • Required to stand, walk, and climb stairs to move about the facilities.
  • Handle materials, reach overhead, kneel or stoop in order to conduct business.


WORKING CONDITIONS

Work Environment

The work environment in which one will typically perform the essential functions of this position is a climate-controlled office setting. It is well lighted and the noise level is moderate.

Driving Requirements

Use of one's personal vehicle (or Richmond Wholesale vehicles) may be required for travel in the performance of the essential functions of this position. Proof of a valid California driver's license, an acceptable DMV record, and liability insurance is required.

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