What are the responsibilities and job description for the Supply Chain/Procurement Manager position at aspenhome / Furniture Values Int'l, LLC?
We are seeking a Supply Chain/Procurement Manager to join our team! The Supply Chain/Procurement Manager will take overall responsibility for the purchasing and inventory level strategy of the organization. This includes, but not limited to, tasks such as inventory planning, demand and supply forecasting, purchasing scheduling, product price negotiations with factory vendors, and factory vendor performance and relations management. This position evaluates past sales performance data to forecast needs and integrate with vendor production schedules. Develops strategic plans to improve stocking availability, reduce excess and obsolete inventory, improve demand forecast accuracy, ensure competitive vendor product pricing and efficiency of operations. Creates functional strategies and specific objectives for the department and develops budgets/policies/procedures.
Essential Duties & Responsibilities:
- Primary areas of responsibilities for this position include:
Demand and Supply Forecasting
Purchasing
Optimal inventory level management
Supplier Management – Production schedules and pricing, capacity planning
Warehouse Inventory Levels Space Management
- Oversee and manage separate teams in US and China
- Drive the Forecasting process to achieve inventory objectives for finished goods and replacement parts, as well as supporting sales and customer requirements.
- Actively review sales forecast information in order to develop detailed operation and purchasing plans by product.
- Provide all information and reports necessary to maintain appropriate finished goods stocking levels at all distribution points.
- Collaborate with Product Development and Sales to support launch of new products to satisfy market demands.
- Consider factory manufacturing schedules and shipment performance in recommending purchase order quantities and requirements.
- Manage discontinued inventory process by different product status.
- Develop team members to meet the overall current and future needs of the Company.
- Oversee Replacement Parts Department performance (order entry to order delivery)
- Monitor and distribute Discontinued products to Sales and other related departments
- Manage the vendor/supplier relationships in collaboration with Director, Strategic Global Sourcing
Preferred Skills & Abilities:
- Strong negotiation skills
- Strong analytical skills
- Strong communication skills (both verbal and written)
- Ability to create strong relationships
- Strong financial skills
- High level of attention to detail
- Contract Management skills
- Strong leadership and team management skills
- Self-starter, works independently, multi-tasks, thrive in a fast-paced, high-pressure environment.
Preferred Education & Experience:
- BS/BA degree in Supply Chain or Engineering or related fields desired.
- APCIS certified
- 7 years’ experience in Supply Chain/Procurement Management
- Ability to speak Mandarin Chinese & understanding of Chinese culture will be a plus.
Job Type: Full-time
Pay: From $125,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $125,000