Purchasing Associate
Will be responsible for a wide range of purchasing activities, ensuring efficient procurement and inventory management.
Key Responsibilities:
•Inventory Management & Replenishment: Monitor stock levels, analyze usage trends, and coordinate with vendors to prevent shortages and minimize excess inventory.
•Material & Product Sourcing: Identify and procure essential materials, products, and services to support distribution operations, ensuring quality and timely availability.
•Purchase Order Oversight: Prepare, process, and track purchase orders, ensuring accuracy, compliance with company policies, and timely delivery.
•Vendor & Partner Management: Collaborate with Sales and Purchasing teams to identify reliable channel partners and suppliers, negotiate favorable terms, and foster long-term relationships.
•Market & Procurement Strategy: Assess market trends, pricing fluctuations, and competitive offerings to make data-driven procurement decisions.
•Negotiation & Cost Optimization: Work closely with suppliers to secure the best pricing, payment terms, and conditions that align with budgetary and operational needs.
•Cross-Functional Coordination: Work with internal teams, including Sales, Production, Logistics, and Warehouse Management, to ensure smooth procurement and delivery.
•Supplier Research & Evaluation: Identify and assess new suppliers based on reliability, product quality, and capabilities to strengthen the company’s procurement strategy.
•Process Optimization: Continuously review and improve procurement processes to enhance efficiency, reduce costs, and optimize supply chain performance.
•Compliance & Documentation: Maintain accurate records of purchases, pricing, supplier contracts, and procurement-related documentation to ensure transparency and compliance.
•Promotions & Event Coordination: Communicate promotions and special offers with Marketing and Sales teams and coordinate special events with vendors.
Skills & Qualifications:
• Basic understanding of business principles and purchasing practices
• Strong negotiation and communication skills for vendor partnerships
• Proficiency in Microsoft Excel and data management
• High attention to detail and accuracy
• Reliable and dependable work ethic
• Ability to maintain professionalism when interacting with coworkers, vendors, and all levels of management
