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Retail Purchasing Specialist
1 month ago
Job Title: Retail Purchasing Specialist
Job Summary:
We are seeking a skilled Retail Purchasing Specialist to join our Purchasing team at Primary Arms. The successful candidate will be responsible for creating purchase orders, verifying accuracy, and communicating with vendors.
Key Responsibilities:
- Creates purchase orders and ensures they are communicated to the vendors.
- Verifies purchase order accuracy and receives confirmation of accuracy from the vendor.
- Tracks upcoming ETAs for promotional buys.
- Communicates all cost discrepancies/discontinued product announcements to the Merchandising team.
- Manages past due purchase orders in a timely manner.
- Works daily with Customer Service to resolve any product backorder issues.
- Works with Accounting Department to resolve any invoice discrepancies in a timely manner.
- Ensures we are optimizing our direct buying resources while maintaining inventory levels and utilizing distribution channels to fill any gaps.
- Analyzes and troubleshoots demand related issues in a timely and accurate manner.
- Works to achieve continuous overall margin improvement.
- Achieves and maintains in-stock rates while reducing out of stock items
- Monitors and maintains optimal inventory levels while meeting fulfillment rate expectations.
- Continuously develops buying skills (the right inventory at the right time).
- Stays within open to buy dollars.
- Perform other related duties, as needed, within the Primary Arms team
Requirements:
· Proficient in Microsoft Office and an expert in Excel
· Must be able to analyze data and make well supported purchasing decisions with minimal input or assistance.
· 3 + years of experience forecasting and purchasing inventory (Preferably buying retail products)
· 3 + years of experience expediting Purchase Orders to reduce out of stock products
· 2 + years of negotiating product cost and payment terms
· Ability to multi-task
· Strong written, verbal, interpersonal and social skills (including ability to establish relationships with supplier and PA team members)
· Ability to work independently with minimal supervision
· Strong organizational skills and time management
· Must be a team player with solid references