Procurement Specialist for Power Tools
5 days ago
We are a proud Canadian company, operating since 1993. Our expertise lies in Power Tools, Power Tools Accessories, Hand Tools, and more. We have 4 store locations, a Distribution Center, and Head Office.
What We Offer:
- A stable work environment with all staff being full-time employees.
- Competitive compensation and comprehensive benefit package including extended health, dental, long-term disability, and term life insurance.
- Ongoing growth opportunities through expansion into various fields.
The Senior Buyer will play a critical role in sourcing and procuring essential materials, products, and services for our operations. The ideal candidate will possess a strong background in purchasing within the power tools industry, accompanied by exceptional negotiation skills and a strategic mindset.
Responsibilities:
- Identify, evaluate, and select reliable suppliers based on quality, price, and service to ensure continuous supply of necessary materials.
- Anticipate seasonal changes and develop promotional item lists and marketing strategies.
- Negotiate contracts with key suppliers to optimize cost savings, quality, and delivery schedules.
- Analyze pricing trends, market dynamics, and supplier performance to identify cost-saving opportunities and mitigate risks to the supply chain.
- Collaborate with internal stakeholders to forecast demand, manage inventory levels, and ensure adequate stock while minimizing excess and obsolete inventory.
- Ensure adherence to quality standards and conduct audits as necessary to uphold product quality and reliability.
- Drive continuous improvement initiatives within procurement functions to optimize operations.
Requirements:
- Bachelor's degree in business administration or related field; advanced degree preferred.
- Minimum 5 years of experience in procurement, sourcing, or supply chain management, preferably in the power tools industry.
- Proven track record of negotiating contracts, achieving cost savings, and managing supplier relationships.
- Strong analytical skills with ability to interpret data and make informed decisions.
- Excellent communication and interpersonal skills.
$80,000 - $110,000 per year, depending on qualifications and experience.
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