Procurement Manager

Job description

Job Summary:

We are seeking a detail-oriented and strategic Procurement Manager to join our team. The candidate will be responsible for overseeing the procurement process for our retail operations, ensuring that we source high-quality products at competitive prices. The Retail Procurement Manager will work closely with suppliers, and internal stakeholders to optimize supply chain efficiency and drive profitability.

Key Responsibilities:

• Cost Management: Analyze pricing structures and market conditions to negotiate favorable terms and pricing. Implement cost-saving initiatives and monitor procurement budgets.

• Supplier Management: Identify, evaluate, and negotiate with suppliers to establish and maintain partnerships. Monitor supplier performance and ensure compliance with contracts and service level.

• Strategic Sourcing: Develop and execute sourcing strategies to meet the organization's procurement objectives. Conduct market research to identify potential suppliers and industry trends.

• Inventory Coordination: Collaborate with distribution management and suppliers to forecast demand. Ensure optimal stock levels are maintained to meet brand demands without excessive overstock.

• Cross-Functional Collaboration: Work closely with distribution management, manufacturers, store design, and store operations teams to align procurement efforts with business strategy. Communicate procurement updates.

• Compliance and Risk Management: Ensure that procurement activities comply with company policies, and legal requirements. Identify potential risks within the supply chain and develop mitigation strategies.

• Performance Metrics: Develop and monitor key performance indicators (KPIs) related to procurement activities. Prepare reports and presentations to communicate findings and recommendations.

Qualifications:

• Bachelor’s degree in business administration, Supply Chain Management, or a related field.

• 5 years of experience in procurement, sourcing, or supply chain management.

• Strong negotiation skills and experience in supplier management.

• Excellent analytical skills and ability to make data-driven decisions.

• Strong communication and interpersonal skills to build relationships with suppliers and internal teams.

Benefits:

• Competitive salary.

• Health, dental, and retirement benefits

• Employee discounts and perks.

Prepare for the interview

Nothing collected for this employer yet. The Blind 75 is what technical screens draw from; practise it here, with a coach, in Java or Python.

More at MCO

• Accounting Manager · Beverly Hills, CA
• Director, HRIS · Beverly Hills, CA
• Accounting Manager · Washington, D.C.
• Director, Store Communication · Columbus, OH
• Project Manager, Store Operations - Communication · Columbus, OH