Associate Buyer - Product Procurement & Purchasing

ACME ELECTRIC MOTOR•Grand Forks, ND

4d•Onsite

About The Position

The Associate Buyer plays a key role in supporting Acme Tools' purchasing and merchandising operations. This role involves negotiating, analyzing industry trends, and purchasing goods for resale, managing assigned product lines, ensuring inventory control, and assisting with various purchasing tasks. The ideal candidate is detail-oriented, analytical, enjoys negotiation, and thrives in a fast-paced environment with a keen eye for inventory management.

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
Qualified candidates must reside in or plan to relocate to Grand Forks, ND.

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