• Research and select qualified suppliers, negotiate contracts for product fulfillment, and manage ongoing relationships and communication with suppliers.
• Works with the demand forecasting team to determine appropriate inventory strategies and to monitor supplier performance.
• Conducts qualitative and quantitative supplier analysis to develop and maintain robust supplier evaluation programs including developing KPI programs to support these efforts.
• Place orders and ensure inventory is properly distributed.
• Track trends in consumer consumption to determine which products should be sold.
• Continually improves procurement methods, inventory control and drives down external spending; develops item procurement strategy based on business criticality, forecasts accuracy, required service level (availability), lead times etc.
• Optimizes the efficiency and cost of our supply chain by identifying and implementing opportunities to (i) improve buying patterns to reduce supply risk and improve pricing; (ii) better leverage buying power across all locations; (iii) negotiate savings; and (iv) support operations to achieve the optimal total cost solution.
• Fosters close relationships with cross-functional partners (Marketing, R&D, Quality, Sales and Production) and represents the procurement function at key business meetings.
• Tracks and reports out on specific cross-functional team assignments and activity.
• Solicits quotes, negotiates pricing and schedules, specifies and confirms materials for any goods required, and monitors deadlines and shipping requirements.
• Recommends and proactively managers RFQ process.
• Monitors and enters cost changes into tracking spreadsheets.
• Lead negotiations and apply knowledge of commercial contract law and guidelines, practices and requirements to assess, plan and negotiate best terms and conditions and to minimize risk.
• Facilitate and manage any supplier issues (i.e. cost, quality, delivery, customer service).
• Maintain current accurate records and files of all vendor agreements and related procurement records.
• Meets deadlines, follows through on commitments, and delivers on promises.
• Interact at all organizational levels.

Job Type: Full-time

Schedule:

• Monday to Friday

Work Location: In person