Procurement Specialist
4 days ago
About IV Media LLC
IV Media LLC is a leading interactive media company that capitalizes on the convergence of entertainment, e-commerce, and advertising. The company owns a growing global portfolio of entertainment, consumer brands, and media commerce services businesses that cross-promote and exchange data with each other to optimize the engagement experiences it creates for advertisers and consumers.
Job Summary
The Procurement Specialist helps drive the procurement team's overall business and is accountable for achieving sales and margin objectives. The Procurement Specialist will partner with the procurement team to develop and execute a strategy for assigned category product assortment and manages vendor relationships for the business to maximize sales and exceed customer expectations.
Key Responsibilities
- Identify merchandise assortments, select products, and help manage vendor relationships
- Perform general administrative tasks supporting vendor and product selection, pricing, and promotion, and product set-up
- This position requires close communication and engagement with vendors, photography, e-commerce, and TV merchant teams. Strong project-management emphasis
- Serve as a resource for the coordination, execution, and communication of overall product information and detail for: customer service, media production, and programming, marketing, and legal
- Communication and execution of product-level information with vendors
- Support inventory purchase order process through data entry, maintenance, and tracking
- Partner with planning and cross-functional teams to ensure product is available to all ShopHQ mediums
- Identify and recommend new products or business opportunities
- Responsible for collaborating with cross-functional groups to ensure successful vendor assortment launch
- Utilizing many reporting resources, analyze existing style productivity, vendor performance, and deliver recommendations for action plans
- Analyze industry, competitor, and category trends to identify new product opportunities
- Other duties as assigned
Qualifications / Knowledge, Skills & Abilities
- Bachelor's degree or equivalent experience preferred
- 1 or more years of experience in a retail environment (multichannel experience preferred)
- Attention to detail
- Flexible and adaptable
- Strong communication skills
- Analytical and critical thinking
- Accustomed to communicating with internal and external partners
- Able to operate independently, work closely with the procurement team, and other cross-functional teams
- Travel may be required
Equal Opportunity Employer
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