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Procurement Specialist
2 months ago
Demand Forecasting
- Executing 'Purchase Orders' in full truckloads when feasible to satisfy SKU requirements
- Year-Round: ensuring no stockouts while preventing expired products
- Seasonal: procuring 50% of the forecast initially and adjusting based on demand
- Specialty: ordering upon Brand Manager's request
- Modifying 'Target Days on Hand' per supplier, guided by situational assessments
- Reducing backordered quantities
- Minimizing costs associated with surplus inventory
- Ensuring all items on Purchase Orders are prepped in advance
Freight Management
- Overseeing and managing all freight-related tasks
- Coordinating 3PL services where necessary
- Utilizing UB hauling when suitable
- Maintaining awareness of supplier-managed freight
- Efficiently organizing inter-company transfers as needed
Inventory Oversight
- Collaborating with Brand Managers to identify high-demand SKUs to prioritize and low-demand SKUs to phase out
- Relocating products within SFC facilities to proactively address demand
Supplier Relationship Management
- Fostering a commitment and partnership approach with all supplier stakeholders
- Building strong, team-oriented relationships with Brand Managers
- Engaging relevant suppliers in VIP Purchase Order management
Data Management
- Daily updates for SKUs with zero inventory (Close Out & Limited -> Discontinued)
- Comprehensive daily updates of Purchase Orders in VIP as information evolves
Special Projects as Required
Additional Responsibilities as Necessary
Qualifications and Educational Background
- Bachelor's degree
- Minimum of 2 years in supply chain management
- Proficient in freight logistics
- Team-oriented mindset
- Adept at navigating uncertainty with outcome-focused guidance
- Proactive approach to work
- Strong written communication skills
- Excellent analytical and mathematical skills
- Highly skilled in word processing and spreadsheet applications (Sheets & Excel)
- Strong organizational and time management abilities
- Comfortable with various forms of technology