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Procurement and Supply Chain Coordinator
2 months ago
Job Overview:
The Logistics and Supply Chain Specialist will play a crucial role in fostering vendor partnerships, overseeing Purchase Order processes, and evaluating inventory dynamics to ensure optimal stock levels.
Key Responsibilities:
Develop precise forecasting models grounded in historical sales data, demand trends, industry insights, and external factors. Assess product lifecycles from launch, promotional phases, discontinuation, to clearance.
Regulate stock levels to guarantee items are adequately supplied based on sales forecasts and projections.
Identify unusual demand patterns, propose adjustments to forecasts to mitigate reoccurrences, enhance customer satisfaction, and reduce surplus inventory.
Organize purchase orders for predetermined quantities and submit them for approval.
Ensure data accuracy by identifying and obtaining missing information.
Vendor Relationship Management:
Provide a 90-day forecast, track in-stock percentages against targets, and identify potential inventory challenges stemming from production issues. Formulate production strategies to guarantee timely product deliveries.
Analyze and recommend strategies for effective inventory flow, including demand forecasting, setting reorder thresholds, and conducting pricing evaluations.
Oversee open purchase orders, manage inbound delivery schedules, confirm receipt of goods, and verify shipments against vendor invoices and landed cost calculations.
Track pending purchase orders, making necessary adjustments to prevent transit delays and disruptions in inventory levels.Conduct regular freight cost analyses and seek optimization opportunities. Identify and propose new vendors or cost-saving measures.
Create analytical reports and visual data representations to support decision-making within the supply chain team.
Collaborate with Operations, Finance, Sales, and Product teams regarding future inventory needs.
Maintain consistent communication with international suppliers and various supply chain partners.
Identify and recommend areas for improvement, enhanced practices, or workflow optimizations. Draft and uphold Standard Operating Procedures (SOPs).
Perform additional tasks as required or requested.
Qualifications:
Bachelor's degree (B.A./B.S.) in Business, Finance, Supply Chain Management, or Economics from an accredited institution, along with 2 years of relevant experience; or 4+ years of equivalent professional experience.
Excellent interpersonal, verbal, and written communication abilities.
Strong mathematical, analytical, organizational, planning, prioritization, and multitasking skills are essential.
Proficient in Microsoft Office Suite, particularly MS Word, MS Outlook, and advanced Excel skills.
Familiarity with Business Intelligence tools (such as Power BI, Tableau, etc.) is advantageous but not mandatory.
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