Associate Buyer (Product Procurement & Purchasing)

ACME ELECTRIC MOTOR INC•Grand Forks, ND

About The Position

Are you a detail-oriented professional with strong analytical skills? Do you enjoy negotiating, tracking market trends, and working collaboratively with vendors and team members? If you thrive in a fast-paced environment, have a keen eye for inventory management, and are motivated to learn and grow within a purchasing team, do your best work with Acme Tools as an Associate Buyer! About Acme Tools: Founded in 1948 as Acme Electric Motor, Acme Tools remains a family-owned business with locations throughout North Dakota, Minnesota, and Iowa. In 1999, Tool Crib of the North, Acme's catalog and internet division, was acquired by Amazon.com. Since rebranding as Acme Tools, we have established ourselves as one of the premier online retailers of tools and equipment in the United States. We are proud to foster a culture that is employee-focused, involved in our community, and committed to growth.

Requirements

Bachelor’s Degree in Business, Supply Chain Management, or related field, OR equivalent experience
Prior experience working with purchasing and inventory control practices (retail purchasing experience preferred)
Proven organization, presentation, and verbal and written communication skills
Excellent relationship-building abilities
Strong technology skills, including proficiency in Microsoft Office Suite, especially Excel
Ability to write reports and business correspondence
Knowledge of calculating figures and amounts such as profit margins, discounts, interest, inventory turns, and percentages
Energetic self-starter with the ability to work autonomously, as well as a part of a team environment
High level of confidentiality and professionalism

Nice To Haves

Strong knowledge of retail sales and eCommerce industries
Tool and Equipment knowledge
2+ years of prior experience working with purchasing and inventory control practices

Responsibilities

Negotiating, analyzing industry trends, and planning and purchasing goods for resale at Acme Tools retail locations and online
Effectively managing assigned product lines, ensuring products turn at acceptable levels, administering inventory control, and re-buying products appropriately
Assisting Buyers with existing merchandise programs
Learning and following Acme Tools' purchasing policies, including how to maintain a good relationship with suppliers and vendor representatives
Reviewing, evaluating, and purchasing special and non-stock orders
Advising Buyers of any issues with a vendor or customer, working with Buyers to adjust or solve problems with suppliers, and reviewing supplier invoices for proper pricing and terms
Maintaining and/or improving cycle service levels established by your manager
Assisting in reviewing and moving dead stock
Obtaining current price sheets or product catalogs and distributing them to the proper personnel
Assisting as needed with research and analysis to determine retail pricing
Utilizing and reviewing all reports developed and printed for inventory control management and purchasing
Completing vendor information forms and updating vendor information into the ordering system
Coordinating with Buyers on price or cost changes and suggesting product changes
Following up on products listed online, including checking vendor websites to ensure accuracy of Acme Tools' listings
Making decisions about warehouse over/under shipments
Assisting store sales associates
Assisting in planogram development
Obtaining product information from vendors (products, item discontinues, promotions, quantity discounts, etc.)
Securing promotional events and improving effectiveness and engagement at events by working with Marketing and eCommerce on the promotional opportunities of products
Building purchasing knowledge, experience, and skill set in order to continue to grow your career in the Purchasing department
Performing other related duties as assigned