Procurement and Inventory Manager

6 days ago

White Rock, Canada Monark Full time

Monark Group is committed to helping great ideas live up to their fullest potential. Our diverse team delivers world-class solutions across a diverse array of emerging & established lines of business.

At Monark, you will do work that matters with people that are committed to helping our vision become a reality. Projects at Monark have an impact on the communities that our team members live, work & play in.

**What will you do**:

- Develop and implement a comprehensive procurement strategy aligned with organizational goals.
- Source and negotiate with suppliers to ensure cost-effectiveness and high-quality product acquisition.
- Cultivate and maintain strong relationships with suppliers.
- Oversee the entire inventory management process, from ordering to stock levels and distribution.
- Implement efficient inventory control measures to minimize waste and ensure optimal stock levels.
- Analyze pricing trends and market conditions to identify cost-saving opportunities.
- Negotiate favorable terms and agreements with suppliers to optimize procurement costs.
- Collaborate with cross-functional teams to gather data for accurate demand forecasting.
- Develop and maintain inventory planning models to meet customer demands and minimize shortages.

**In order to be successful, you bring**:

- Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
- Proven experience in procurement and inventory management.
- Strong negotiation and communication skills.
- Strong interpersonal skills.
- Analytical mindset with the ability to interpret data and make strategic decisions.
- Knowledge of relevant industry regulations and best practices.
- Proficient in inventory management software and Microsoft Office Suite.

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