Procurement Analyst

Fanatics•Winona, MN

2d•Onsite

About The Position

At Fanatics Commerce, we’re more than just a leader in licensed sports merchandise – we’re a team united by a relentless passion for our fans and a commitment to innovation. We live by our BOLD Leadership principles: We Build Championship Teams, we’re Obsessed with Fans , we embrace a Limitless Entrepreneurial Spirit , and we approach every challenge with a Determined and Relentless Mindset . If you’re ready to contribute to a dynamic, fast-paced environment that thrives on collaboration and growth, we want you to be part of our team. Role Overview Under general supervision of the Purchasing Manager, this position is responsible for timely acquisition of production supplies, raw materials and purchased finished goods for the organization. In this capacity, is required to order by Material Requirement Planning (MRP), reorder point concept and requisition to support daily production needs while maximizing inventory turns. Also responsible for keeping and maintaining records for designated items and vendors to ensure accurate pricing and specifications, and adequate inventory on hand and/or in the pipeline to meet demand.

Requirements

Requires 2 year post high school education, or its equivalent or any combination of experience, education or training that would provide the level of knowledge, skill, and ability required.
One to two years of professional experience in logistics, purchasing or supply chain preferred.
Must have strong analytical skills
Ability to multi-task and work in a challenging fast paced environment.
Must interrelate with vendors as well as internal customers effectively and courteously.
Mature, professional and high level of discretion is required.
Excellent verbal and written communication skills.
Must have advanced knowledge of Excel
Self-motivated, with the ability to complete tasks and duties with limited supervision.
Ability to learn quickly detailed knowledge of vendors, products, lead times, pricing, terms, just in time inventory management, MRP, basic principles and purchasing procedures.
Must be able to multi-task as needed, and work on the right task at the right time as determined by the demands of operations and direction of the Purchasing Manager.
Ability to pay close attention to detail.

Responsibilities

Contacts vendors to place orders, obtain price quotes, and follow up on order status.
Negotiates price, terms and discounts within the approval authorities per WinCraft profit and plan expectations.
Monitors Material Requirement Planning (MRP), Reorder Point reports, or Vendor Drop Ship reports to determine demand.
Uses proper quantity and cost versus price-break philosophy when ordering.
Uses historical and forecast information as a gauge, and verifies against present activity for optimal order quantities.
Composes purchase orders, emails, usage reports, and other purchasing correspondence.
Updates all purchased products/materials specifications and product information in item records.
Verifies that all necessary details are on the purchase orders and that all specifications are communicated to the suppliers.
Monitors and analyzes inventory levels and demand needs using a wide variety of reports and systems.
Reacts to large or special purchases required according to direction of Purchasing Manager and Supply Chain Director.
Maintains open and closed purchase order info and other supporting files per set guidelines, including vendor records and costs.
Reviews Invoice discrepancies for timely reconciliation, e.g. work with Receiving and vendors to resolve quantity discrepancies.
Contacts assigned vendors to correct problems related to product quality, damage, shortages, invoice discrepancies, etc. to ensure WinCraft receives credits where required, and preventive measures are implemented where applicable
Acts as a liaison between the vendor and the production floor whenever necessary.
Works to meet the production floor needs through collaboration and negotiation with the supplier.
Assists Engineering staff in product development or change review for appropriate materials, with a focus on continuous improvement
Works with Purchasing Manager on strategic project analysis using query systems and excel worksheets.
Other projects on an as needed basis to support other departments and tasks as assigned.
Adheres to all Department and Company Standards, Operating Procedures and Safety Requirements.
Treats others with respect and conducts themselves in a positive and inclusive manner daily.
Performs other duties as assigned.