Procurement Manager

Rocky's Ace Hardware•Springfield, MA

3d•Onsite

About The Position

As the Procurement Manager, you will lead a team charged with maintaining a relevant product mix in our stores, recommending new product lines to grow sales, recommending items/categories for promotion and maintaining proper stock levels to maximize the bottom-line profit. This role requires a strong team approach, excellent cross-functional collaboration, and a focus on merchandising strategy, inventory management, and profit growth.

Requirements

Embrace a strong team approach and be approachable by store and corporate team members, Ace staff, vendors, and the public.
Ability to work cross-functionally with all areas of the company – Stores, Executives, Merchandising, Accounting, Human Resources, Information Technology, etc.
Highly focused on keeping the product mix current, relevant, and interesting.
Regular travel to Rocky’s Ace stores is required.
Maintain professional development.

Nice To Haves

Experience in retail merchandising.
Experience with inventory management.
Experience with marketing and promotions.
Experience with retail pricing management and strategy.
Experience with seasonal/holiday planning.
Experience with display development and analysis.
Experience with Ace shows and processes.

Responsibilities

Lead a team responsible for maintaining a relevant product mix, recommending new product lines, and identifying items/categories for promotion.
Ensure proper stock levels to maximize profit.
Foster a cohesive and effective work relationship within the Merchandising Department.
Train, mentor, coach, and counsel assigned team members.
Recruit, select, train, mentor, and lead new merchandising team members.
Work with stores to ensure relevant merchandising selection, identify niches, and leverage opportunities.
Keep the product mix current, relevant, and interesting, involving regular travel to stores.
Oversee line reviews, category reviews, product changes, installations, and implementations.
Manage new items, discontinued items, and SKU conversions.
Assist the Inventory Manager with clearance items to minimize overstocks and slow-moving inventory while protecting margins.
Collaborate with stores, Category Managers, Associate Buyers, and the inventory management team to maximize in-stock levels for basic, seasonal, and promotional inventory.
Ensure close linkage between Procurement and Marketing to maximize promotions.
Assist with the suggestion of ad items and their placement based on sales data and ad performance analysis.
Focus on margin maintenance and growth through retail pricing management and strategy, and by lowering procurement costs.
Oversee Seasonal/Holiday planning.
Lead the development of endcaps, sidecaps, clip strips, impulse, and promotional displays, and analyze their performance.
Lead the merchandising team through Ace show preparation and process.
Provide reporting and analytics to the Senior Management team.
Maintain professional development, including attendance and active participation in Ace peer groups, courses, seminars, and trade shows.