Beauty Industry Procurement Professional
3 weeks ago
Job Description:
We are seeking a highly skilled Procurement Specialist to join our team in the beauty industry. As a key member of our supply chain team, you will be responsible for managing our procurement processes, ensuring accurate data entry, and building strong relationships with our vendors.
Your Key Responsibilities:
- Maintain accurate records within our ERP system, including SKU's, Quantities, Unit Price, Lead Times, and Terms & Conditions.
- Collaborate with vendors to ensure timely production progress and update our Operations teams accordingly.
- Identify and address any discrepancies in orders, ensuring seamless communication between vendors and internal stakeholders.
- Coordinate with Quality Control to resolve quality issues with incoming shipments.
- Negotiate with vendors to resolve quality issues and ensure compliance with company standards.
- Prepare and submit payment applications to our Accounting Department.
- Verify the accuracy and completeness of payment documents to facilitate smooth financial transactions.
Logistics Planning and Strategy:
- Develop a comprehensive logistical plan, evaluating and selecting cost-effective shipping solutions.
- Manage shipping fees, aiming to stay within +/-5% of our budget.
- Ensure compliance with export/import regulations and coordinate with vendors to optimize shipping costs.
Supplier Management:
- Maintain an up-to-date supplier database within our ERP system.
- Evaluate supplier performance on a monthly basis and share results with our Operations team.
- Build and maintain strong relationships with suppliers to foster open communication and effective negotiation.
Vendor Negotiation:
- Negotiate pricing, terms, and contracts with suppliers to secure favorable agreements aligned with company objectives.
- Continuously assess vendor performance to identify opportunities for cost savings and process improvements.
Purchase Price Variance (PPV) Management:
- Analyze purchase price variance, identifying root causes and implementing corrective actions.
- Collaborate with vendors to address pricing discrepancies and negotiate cost reductions.
- Work closely with finance and accounting teams to track and report PPV metrics accurately.
Requirements:
- Bachelor's degree in supply chain management, business, or a related field.
- Proven experience in demand planning, vendor negotiation, and supply chain management.
- Strong analytical and quantitative skills, with proficiency in forecasting tools and ERP systems.
- Excellent communication and negotiation skills.
- Ability to work collaboratively in a cross-functional environment.
- Detail-oriented with a focus on accuracy and precision.
- Strong problem-solving and decision-making abilities.
Salary Range:
The salary for this position ranges from $46,000 to $60,000 per year, based on experience. We offer a comprehensive benefits package, including health insurance, dental insurance, life insurance, 401(k) with 4% match, paid parental leave, paid time off, professional development assistance, and vision insurance.
Schedule and Work Location:
This is a full-time position with an 8-hour shift, working in person at our office.
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