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e-Commerce - Procurement Specialist

2 months ago

Edmond, United States HomeWetBar.com Gifts Full time
Description

We are in search of a dynamic and seasoned e-Commerce Buyer - Procurement Specialist to join our team in Oklahoma City, OK. The perfect candidate will possess a sharp sense of trends, exceptional negotiation abilities, and a profound comprehension of the retail landscape. As the e-Commerce Buyer - Procurement Specialist, your primary responsibilities will include selecting and procuring merchandise for our online stores, as well as identifying components for wholesale production. You will be instrumental in the process of assembling, sourcing, and negotiating pricing. Your role will focus on curating a diverse and enticing product selection that not only meets customer needs but also resonates with our brand ethos.

Responsibilities

•Analyze market trends and consumer preferences to identify potential products and suppliers.
•Competitor and cost analysis to ensure items are priced correctly and displayed accurately.
•Source, find, obtain and procure products from overseas suppliers taking into account all variables duties, taxes, and transit costs.
•Negotiate with suppliers to secure the best prices, terms, and delivery schedules.
•Initiate purchase orders for products, raw materials, and other supplies; forecast demand and production schedules.
•Use independent judgment to expedite or defer orders as required based on sales/schedule changes.
•Ensure compliance of quality, safety, packaging, and timeliness standards by overseas and domestic suppliers.
•Obtain samples that match specifications, and evaluate the quality and suitability of products.
•Input/track orders and resolve delivery issues with vendors.
•Recommend advertising opportunities to sales based on inventory levels and purchasing opportunities.
•Assist with periodic inventory counts.
•Manage inventory levels to optimize stock turnover and minimize excess stock.
•Develop product assortments and gift sets, pitch concepts and promotional strategies to the merchandising team.
•Monitor and analyze sales performance to inform future purchasing decisions.
•Own the financial outcomes for the performance of the products.
•Regularly assess performance and revise assortment as needed.
•Rebidding of products increases efficiencies and lowers costs.
•Travel Required: Yes, less than 10% of the Time.
•Other tasks as required by management.

Qualifications

•Bachelor's degree in Business, Marketing, Fashion Merchandising, or a related field with a minimum of 5 years of experience in retail buying OR Master's degree in Business, Marketing, Fashion Merchandising, or a related field with a minimum of 3 years of experience in retail buying.
•Strong analytical skills and proficiency in data analysis tools.
•Demonstrated ability to negotiate favorable pricing and terms with vendors.
•Ability to work independently and make informed decisions.
•Strong organizational skills and attention to detail.
•Proficiency in Google/Microsoft Office Suite (Excel, Word, PowerPoint).
•Knowledge of retail software and inventory management systems is a plus.