Supply Chain Procurement Specialist

11 hours ago

Burnaby, British Columbia, Canada Summit Tools Full time

At Summit Tools, we're expanding and looking for a talented Senior Buyer to join our team. This is an exciting opportunity for individuals seeking growth and development in the power tools industry.

About Us

We have 4 store locations, a Distribution Center, and Head Office. Our stores offer a wide selection of national brands with the latest products in the market, catering to a broad spectrum of clients from contractors, tradespeople, and industrial users.

We're committed to providing a stable work environment for all staff members, who are employed full-time. Our comprehensive benefit package includes extended health, dental, long-term disability, and term life insurance. We also offer opportunities for advancement through multiple channels – Contractor/Trade Sales, Distribution, and Head Office.

Job Description

The Senior Buyer will play a critical role in sourcing, negotiating, and procuring materials, products, and services essential to our operations. The ideal candidate will have a strong background in purchasing within the power tools or related industry, along with exceptional negotiation skills and a strategic mindset.

The successful candidate will be responsible for:

  • Identifying, evaluating, and selecting suppliers based on quality, price, reliability, and service to ensure the continuous supply of materials and components necessary for manufacturing our products.
  • Anticipating seasonal changes and developing promotional item lists and marketing strategies.
  • Developing and maintaining strong relationships with key suppliers, negotiating contracts and terms to optimize cost savings, quality, and delivery schedules.
  • Setting appropriate purchase order cycles to balance inventory levels and warehouse operations.
  • Analyzing pricing trends, market dynamics, and supplier performance to identify cost-saving opportunities and mitigate risks to the supply chain.
  • Collaborating with internal stakeholders to forecast demand, manage inventory levels, and ensure adequate stock levels while minimizing excess and obsolete inventory.
  • Working closely with suppliers to ensure adherence to quality standards, conducting audits and inspections as necessary to uphold product quality and reliability.
  • Driving continuous improvement initiatives within the procurement function, implementing best practices and process efficiencies to optimize procurement operations.
  • Collaborating with internal teams, including manufacturing, engineering, and sales, to align procurement activities with organizational goals and objectives.
  • Ensuring compliance with regulatory requirements, industry standards, and company policies throughout the procurement process.

This role requires a Bachelor's degree in business administration, Supply Chain Management, or a related field, along with minimum 5 years of experience in procurement, sourcing, or supply chain management, preferably in the power tools or related industry.

The estimated salary for this position is around $90,000-$120,000 per year, depending on qualifications and experience. If you're passionate about procurement and supply chain management, and want to take your career to the next level, apply now

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