Inventory Purchasing Specialist

The Gowan Co.•Blytheville, AR

1d•Hybrid

About The Position

The Inventory Purchasing Specialist is responsible for managing and optimizing the organization's inventory procurement processes, ensuring efficient and cost-effective acquisition of materials and supplies.

Requirements

2-4 years of experience in inventory purchasing, procurement, or similar role
Proven track record of effective vendor management
Experience with inventory management software
Advanced proficiency in Microsoft Excel and inventory management systems
Strong analytical and problem-solving skills
Excellent communication and negotiation abilities
Attention to detail and accuracy
Ability to work independently and as part of a team
Inventory management software
Enterprise Resource Planning (ERP) systems
Procurement databases
Data analysis tools
Purchase order processing systems
Sedentary work with occasional walking and standing
Ability to lift up to 20 pounds occasionally
Comfortable working in an office environment
Proficient with computer and office technology

Nice To Haves

Occasional travel may be required for vendor meetings or procurement conferences
Proactive and self-motivated
Strong ethics and integrity
Adaptable to changing business needs
Customer and vendor-oriented approach
Continuous learning mindset

Responsibilities

Manage and execute comprehensive inventory purchasing strategies
Conduct detailed market research to identify potential suppliers and vendor opportunities
Develop and maintain relationships with current and prospective vendors
Negotiate pricing, terms, and conditions for inventory purchases
Process purchase orders accurately and efficiently
Monitor and track inventory levels to prevent stockouts and excess inventory
Analyze purchasing data to identify cost-saving opportunities
Maintain accurate and up-to-date purchasing records and documentation
Collaborate with internal departments to understand inventory needs and requirements
Ensure compliance with company purchasing policies and procedures