Purchasing & Procurement Manager

Bedrosians Tile and Stone•Tustin, CA

7d•$150 - $155

About The Position

The Purchasing & Procurement Manager works with company leadership to develop procurement and purchasing strategy and is responsible for developing and executing processes and procedures that maintain appropriate stocking levels. The role studies company and competitor sales trends to evaluate potential new products, manages the purchasing team’s product launch process to meet deadlines, and partners with the CFO to ensure buying remains within Open to Buy and product category budgets. The manager also ensures inventory accuracy and appropriate stocking levels. The position encompasses procurement strategy, purchasing logistics, department management, product selection, and analytics and reporting. It includes supplier negotiations and cost savings, vendor relationships and EDI compliance, inventory and allocation planning across e-commerce and retail locations, budget and delivery management, team development, product discontinuation and markdown planning, and reporting on business performance, profitability, forecasting, pricing, and category sales.

Requirements

At least 10 years of experience in purchasing/procurement and/or supply chain roles of increasing scope, complexity, and leadership responsibility.
Bachelor’s degree, preferably in a related field, or equivalent work experience.
Strong financial background and advanced, in-depth knowledge of Excel and/or Power BI.
Effective business planning, project management, problem-solving, negotiation, and financial analysis skills.
Excellent communication and strong collaboration skills.
Detail-oriented and deadline-focused.

Responsibilities

Work with leadership to develop procurement and planning business strategy.
Negotiate with suppliers and manufacturers and pursue cost-saving opportunities.
Develop organizational capacity through improved programs, policies, and systems.
Develop and maintain vendor relationships and ensure EDI vendor compliance.
Develop inventory controls to identify demand for new materials.
Optimize allocation strategy across e-commerce and retail locations.
Work within the company’s defined rules, procedures, goals, and directives.
Maintain Open to Buy, review it weekly with Finance, align plans with company-wide goals, and manage regular reconciliation.
Track inventory-level targets and adjust plans as needed.
Evaluate and maintain appropriate stocking levels for each product collection.
Manage inventory levels, including Value Centers, Dropped, and Pre-Dropped.
Ensure timely delivery of materials.
Estimate, negotiate, and manage budgets.
Manage and develop the purchasing team of eight individuals.
Implement process discipline and technology systems to improve efficiency.
Coordinate with marketing, sample production, and finance to support product launches.
Partner with Product Development to develop and manage a product discontinuation process.
Set weekly markdown and transfer targets to optimize inventory across channels.
Deliver weekly business reports and forecasts with fact-based summaries of prior performance and profitability to support decision-making.
Develop regional MSRP pricing plans by studying competitor pricing and trends in various markets.
Evaluate and analyze sales performance across product categories.
Perform other duties as assigned.