Buyer - Product Procurement & Purchasing

ACME ELECTRIC MOTOR•Grand Forks, ND

4d•Onsite

About The Position

Acme Tools is seeking an analytical and negotiation-savvy Buyer to join their team. This role involves managing merchandise programs, negotiating with vendors, analyzing industry trends, and optimizing sales and inventory for Acme Tools' retail locations and website. The ideal candidate will have a strong understanding of purchasing and inventory control practices, excellent communication and technology skills, and a proactive approach to problem-solving.

Requirements

Bachelor’s Degree in business field, supply chain management, or equivalent experience
2+ years of prior experience working with purchasing and inventory control practices
Excellent relationship-building and communication skills
Strong technology skills, especially with Microsoft office suite.
Ability to write reports and business correspondence, strong written and verbal communication, organization, and presentation skills
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
Ability to keep a high degree of confidentiality of all departmental and Company information

Nice To Haves

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

Responsibilities

Managing new and existing merchandise programs for various categories and vendors
Negotiating, analyzing industry trends, planning and purchasing goods for resale at Acme Tools retail locations and website
Analyzing past buying trends, sales records, prices, and quality to optimize sales, inventory turns, cost controls, and profit
Assuming responsibility for purchasing product lines, administering inventory control, ensuring proper stock level, re-buying of product lines, and ensuring acceptable rates of product turnover
Selecting, ordering, and authorizing payment for merchandise according to contractual agreements
Negotiating prices and delivery conditions and making purchases of items in relation to the best purchase price, discount, terms, co-op advertising, rebates and delivery to maximize program potential
Securing promotional events and improving effectiveness and engagement of events; assisting Marketing and eCommerce departments with promotional opportunities of products
Selecting appropriate merchandise for the specific categories assigned and providing recommendations to improve the category, maximize the potential for increased sales and/or profitability
Continuously acquiring and retaining product knowledge through research of items and product lines
Staying up to date on industry trends and constantly evolving purchase plans to reflect current buying trends
Taking on other related duties as assigned

Benefits

On-the-Job Training
Professional Development Programs and Training
Competitive Pay
Generous PTO – Start accruing PTO on your 1st day
Paid Holidays
Maternity Leave partially paid with our Short-Term Disability
Work Environment where team members take pride in their work and can see their impact on the company
Employee Discounts
Progressive Growth Opportunities
Medical, Dental and Vision insurance plans to fit any lifestyle & family
Medical & Dependent Care Flexible Spending Accounts
Accident, Cancer, and Critical Illness supplemental insurance programs
100% Company-paid Short- and Long-term Disability
401(k) Program and Company Matching
100% Company-paid Group Life Insurance 1x your annual wage
Additional Voluntary Life Insurance