What are the responsibilities and job description for the Buyer position at BMI Merchandise?
Who We Are
At BMI Merchandise ®, we’re in the business of fun! And we take it pretty seriously!
BMI Merchandise, founded in 1986 has evolved to become the amusement industry's leader in redemption technology and a top distributor of products. We source and distribute trendy toys, electronics, candy, gifts, and novelty items to amusement and family entertainment centers worldwide.
Buyer
As a Buyer, you will be responsible for sourcing goods and managing vendors. The successful candidate will be able to perform strategic procurement activities across multiple categories of spend, search for better deals and find suppliers that are more profitable.
Responsibilities/Duties:
- Develop, lead and execute purchasing strategies
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Craft negotiation strategies and close deals with optimal terms
- Forecast price and market trends to identify changes of balance in buyer-supplier power
- Perform cost and scenario analysis, and benchmarking
- Assess, manage and mitigate risks
- Seek and partner with reliable vendors and suppliers
- Determine quantity and timing of deliveries
- Assist logistics process for the development of new products, inventory maintenance, manufacturing, shipment and delivery, and returns on products.
- Keep detailed records, generate reports, and analyze data to help management understand the logistics perspective.
Qualifications/Skills:
- Previous working experience as a Buyer for 5 years buying soft and/or hard goods
- Skilled at negotiation and networking.
- 5 years’ experience in the procurement of goods and the development and review of contracts
- Critical thinker and problem-solving skills
- Ability to gather and analyze data
- Good time-management skills
- Great interpersonal and communication skills
- Sense of ownership and pride in your performance and its impact on the company.
- BA in Supply Chain Management, Business, or similar relevant field
Location: Lakewood, NJ (Required)
Salary: Based on experience
What We Offer
- Competitive Benefits package including, Medical, Dental, Vision, Life and FSA
- 401k with company match
- Competitive salary and growth potential within the organization.