Purchasing Specialist
4 days ago
A busy company in the West Caldwell area is seeking a Purchasing Specialist to join their growing organization. This Purchasing Specialist will get the chance to learn directly under the owner who has been sourcing for 30+ years. The ideal Purchasing Specialist will have 7+ years of purchasing experience out of the e-commerce and/or consumer product industry. The Purchasing Specialist will be engaged in sourcing, purchasing, and arranging a diverse selection of products for our online retail operation. This Purchasing Specialist will also be required to identify materials for wholesale production, negotiate with suppliers, and monitor inventory levels. Other responsibilities of this Purchasing Specialist will include but not be limited to:
• Source and obtain a diverse range of products that align with our brand identity and meet customer demands.
• Negotiate with both overseas and domestic suppliers to secure advantageous prices, terms, and delivery schedules.
• Analyze market trends and consumer preferences to identify potential products and suppliers.
• Initiate purchase orders for products, raw materials, and other supplies, taking into account forecasted demand and production schedules.
• Conduct competitor and cost analysis to ensure items are accurately priced and displayed.
• Evaluate the quality and suitability of product samples that match specifications.
• Monitor and analyze sales performance to inform future purchasing decisions.
• Manage inventory levels to optimize stock turnover and minimize excess stock.
• Resolve delivery issues with vendors and track orders.
• Develop product assortments and gift sets, pitching concepts and promotional strategies to the merchandising team.
• Assist with periodic inventory counts to maintain accurate records.
This Purchasing Specialist role is paying between $75,000 and $85,000 annually depending on experience. If interested in this Purchasing Specialist opportunity apply today
• Minimum of 7 years of experience in a purchasing or relevant field
• Demonstrable knowledge and experience in e-Commerce would be a plus
• Familiarity with Consumer Packaged Goods (CPG) industry is a plus
• Ability to negotiate effectively and manage supplier relationships.
• Excellent knowledge of market research, data analysis and purchasing best practices.
• Strong critical thinking and problem-solving skills.
• Excellent verbal and written communication skills.
• Bachelor's degree in business administration, logistics, or relevant field
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