The E-Commerce Purchasing Specialist oversees the profitable procurement and timely delivery of products for the Company’s e-commerce platforms, both domestically and internationally. This role collaborates with the Sales, Marketing, and Operations teams to meet the company's objectives, ensuring supply chain and inventory management align with a dynamic merchandise mix and related financial responsibilities. All procurement actions must adhere to company-set policies and procedures, considering both local and global market dynamics.

Responsibilities:

● Efficiently purchase inventory, supplies, and capital equipment

● Periodically evaluate vendors/suppliers, notifying management if vendors do not meet performance or quality standards

● Process purchase requisitions, ensuring accuracy and appropriate authorization. Propose new or substitute vendors when beneficial

● Issue and manage purchase orders; negotiate prices, delivery, and credit terms in line with company policies and procedures. Keep comprehensive purchasing records

● Implement risk management for supply contracts and agreements.

● Establish and oversee the procurement budget

● Develop and apply effective sourcing strategies

● Harness research skills to identify and engage with profitable suppliers, and negotiate beneficial terms

● Establish and nurture business partnerships

● Supervise supply needs and approve the procurement of necessary goods and services

● Oversee end-to-end workflow, from order initiation to delivery completion

● Build and maintain strong relationships with vendors, ensuring updated vendor records

● Analyze inventory reorder levels and pricing tiers to ensure cost-effective purchasing in alignment with the company’s capital costs

● Generate monthly procurement reports, review forecasts of purchasing commitments, and assess performance against targets

● Collaborate with the warehousing and distribution teams to ensure seamless integration of purchasing plans with inventory management and logistics

● Stay abreast of market trends and technological advancements in the e-commerce industry to inform purchasing strategies

● Monitor and report on key performance indicators (KPIs) related to procurement and inventory management

● Address and resolve any issues or discrepancies that arise in the procurement process

● Handle additional purchasing, inventory, and accounting tasks as required or requested

Qualifications:

● Minimum of 2 years of proven experience in a similar role, specifically within the e-commerce sector

● Proficient in sourcing and procurement techniques with a keen ability to forecast market trends

● Strong experience in data collection and analysis

● Comprehensive understanding of procurement, logistics, and inventory management practices

● Outstanding analytical and problem-solving abilities with a proactive decision-making attitude

● Organized, with efficient planning skills

● Effective written and verbal communication skills, coupled with the ability to nurture business relationships both internally and externally

● Proficiency in spreadsheet, word-processing software, and other relevant e-commerce and inventory management tools