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Procurement Specialist
2 months ago
Position: Food Buyer
Compensation: $70,000 - $90,000 Based on Experience Plus Incentives and Benefits.
Location: Corporate Office in Great Neck, NY.
The food organization is tasked with the effective sourcing and timely distribution of products for designated categories. Collaborating closely with the Senior Director of Purchasing and Senior Buyers, this role aims to fulfill the company’s objectives. The position involves managing supply chain and inventory for actively promoted categories, along with associated financial responsibilities. Product procurement must align with the company's established policies and procedures.
Key Responsibilities:
- Place orders to align with anticipated demand.
- Secure optimal product pricing, quality, and service consistently.
- Ensure comprehension and compliance with established policies and procedures.
- Aim to achieve inventory turnover goals while maintaining service levels and minimizing excess.
Engage with various departments and personnel to fulfill job responsibilities. Foster and maintain positive relationships with vendors, store operations, distribution centers, and corporate personnel.
- Evaluate acquisition costs to ensure purchases are made at the lowest possible price while considering quality, reliability, and urgency.
- Analyze current inventory, market trends, availability, and promotional effects to forecast order quantities and provide recommendations to the merchandising team.
- Conduct reviews and analyses post-promotion to assess if promotional objectives were met and devise solutions for any issues encountered.
- Address and resolve inventory challenges at the store level stemming from allocation or ordering discrepancies.
- Review and analyze daily and weekly reports to track costs, quality, service levels, inventory turnover, and excess, making adjustments as necessary.
- Visit stores as required to oversee programs, gather feedback, and evaluate overall effectiveness of implementation.
- Manage Accounts Payable variance processes for items sourced through distribution to ensure accurate invoicing.
- Resolve billing inquiries from stores by investigating discrepancies reported at the store level and entering credits where applicable or providing resolutions.
- Maintain all essential departmental files and records.
- Coordinate with Warehouse Operations to ensure proper product flow through the facility in a timely manner.
- Utilize remote access for purchasing systems from home or off-site locations when necessary.
Qualifications:
- Minimum of 2 years of experience in Purchasing or Vendor Management within the industry or retail, with experience in grocery, candy, or beverages being advantageous.
- Preferred background in Marketing/Logistics or a strong understanding of store operations and merchandising practices.
- Knowledge of grocery procurement, logistics, inventory management, marketing, accounting, and financial management practices.
- Exceptional organizational and analytical skills; ability to take initiative and make informed decisions.
- Proficient in planning and organizing effectively.
- Strong written and verbal communication skills, along with interpersonal skills to cultivate effective business relationships both internally and externally.
- High computer proficiency in MS Office, particularly Word and Excel.
- Ability to maintain focus and manage frequent interruptions.
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