Replenishment Buyer I

Palmetto State Armory LColumbia, SC
Hybrid

About The Position

Manage inventory to minimize both out of stocks and surplus inventory. Utilize forecast, sales history, and inventory levels to create and maintain purchase orders. Communicate with demand planning to aid in refinement of forecast in response to changing market conditions. Establish and coordinate enforcement of vendor compliance. Implement and track vendor programs.

Requirements

  • Minimum of a bachelor’s degree or equivalent experience.
  • Familiar with software packages such as Microsoft Excel, Bi and PowerPoint.
  • Fundamental understanding of sales, marketing and inventory management.
  • Strong skills in negotiation and planning.
  • Proficient in statistics, mathematics and analytics.
  • Self-motivated, strong organizational and time management skills.
  • Effective communication skills with all levels of the business.
  • Maintains a positive attitude, is goal driven and focused on the betterment and overall strategic picture of the organization.
  • Must be at least 18 years of age.
  • Employment is contingent on verifying U.S. Person status or obtaining any necessary export license/confirming the availability of a license exception.
  • Applicants must provide information for export control screening, which will be reviewed for compliance.

Nice To Haves

  • Experience in purchasing or comparable analytics or planning fields is preferred.

Responsibilities

  • Analyze and assess the market to make educated and strategic purchases.
  • Track and achieve inventory levels and turn projections based on forecasted sales.
  • Collaborate with demand planning to develop process and communication channels to minimize stock outages and maximize growth potential.
  • Monitor supplier performance to ensure purchasing agreements are met, products are delivered timely and invoiced properly.
  • Negotiate purchase prices, favorable payment terms and process purchase orders.
  • Develop and implement vendor programs to maintain profitability and support merchandising and promotion initiatives.
  • Monitor pricing and programs by product by vendor to determine most profitable sourcing that fits current business strategies.
  • Foster a culture of professional development through training, mentorship, and teamwork with both peers and subordinates.
  • Works with managers, directors, and executives within the company thru proper channels to engage in capital projects.
  • All other duties, as assigned.
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