Purchasing Agent
23 hours ago
The MP Filtri Canada/Anfield Sensors group offer a wide range of hydraulic filters, valves, pumps, particle counters, pressure switches/transducers and accessory products. We manufacture pressure and temperature sensors at our facility in Concord Ontario, as well as source products from suppliers worldwide for resale.
We are growing and have the following career opportunity available.
We are seeking an experienced Inventory & Purchasing Coordinator for inventory buying, forecasting, budgeting, and allocation processes. The ideal candidate will have at least 5 years of experience in inventory planning, demand forecasting, and budget management, ensuring optimal stock levels to support business growth while minimizing costs.
Key Responsibilities:
- Inventory Buying & Planning: Manage purchasing decisions based on sales trends, seasonal demands, and stock requirements.
- Forecasting & Demand Planning: Analyze historical data and market trends to predict future inventory needs and prevent overstock or stockouts.
- Budget Management: Develop and maintain inventory budgets, ensuring cost-effective purchasing strategies.
- Allocation & Replenishment: Distribute inventory effectively across locations or sales channels to optimize availability.
- Supplier Management: Negotiate pricing, terms, and contracts with vendors to ensure cost savings and quality.
- Data Analysis & Reporting: Utilize data-driven insights to improve inventory turnover, reduce carrying costs, and enhance profitability.
- Process Improvement: Implement best practices for inventory control, minimizing shrinkage and optimizing stock levels.
- Collaboration: Work closely with sales, operations, finance, and design teams to align inventory strategies with business goals. Provide strategic insights into top-selling SKUs and collaborate with the design team to make suggestions for expanding collections or developing new products.
- Contribute to the organization through other duties and projects as required and determined by Management
Requirements:
- 5+ years of experience in inventory management, purchasing, or demand planning.
- Strong analytical skills with the ability to interpret data and make strategic recommendations.
- Experience managing supplier relationships and negotiating contracts.
- Excellent communication and problem-solving skills.
- Strong attention to detail and ability to multitask in a fast-paced environment.
- Bachelor's degree in Business, Supply Chain Management, Finance, or a related field preferred.
- Proficiency in Microsoft Outlook, Word and Excel required for data entry, creating and updating spreadsheets
- Ability to communicate in Mandarin an asset.
We are a growing company with a dynamic team. We offer benefits and competitive salary packages. Only applicants selected for an interview will be contacted.
Job Type: Full-time
Pay: $65,000.00-$80,000.00 per year
Benefits:
- Dental care
- Extended health care
- Life insurance
- On-site parking
- Paid time off
Experience:
- Purchasing: 5 years (preferred)
Work Location: In person
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