Overview

As the Procurement Manager, you will play a pivotal role in overseeing grocery product procurement and replenishment processes. You will lead a team of buyers, ensuring efficient sourcing, purchasing, and replenishment to meet customer demand (current and future) while optimizing inventory levels and maintaining cost-effectiveness.

Responsibilities

• Define sourcing strategies, including global procurement.
• Make sure that all relevant assortment is available, maintaining relationships with suppliers while continually scouting for additional vendors.
• Support private label sourcing.
• Negotiate with vendors to secure advantageous terms.
• Monitor market trends, industry developments, and supplier performance to make informed decisions.
• Work across the enterprise to secure correct product placement depending on market segments.
• Implement effective inventory management practices to minimize stockouts and excess inventory.
• Optimize inventory turnover and carrying costs to maximize profitability.
• Ensure in-stock positions and focus on high customer service levels.
• Utilize company procurement systems to maximize forecast accuracy and system performance.
• Work with the company legal department to make sure contracts and terms are favorable.
• Utilize data analytics tools to analyze procurement and inventory data.
• Generate regular reports and presentations on key performance indicators (KPIs) and present findings to senior management.
• Use insights to drive continuous improvement and enhance decision-making processes.
• Conduct cost analyses and set benchmarks for improvement.
• Lead and inspire team to achieve departmental goals and objectives.
• Supervise a purchasing team and delegate tasks across departments when necessary.
• Foster a collaborative and results-driven team culture.
• Provide guidance, training, and professional development opportunities to team members.
• Sets promotional plans for items and categories that increase sales to the consumer, satisfy vendor requirements and achieve the desired total net profits.
• Works on pricing strategy to achieve company sales and profit goals.
• Leads vendor relationships and vendor selection.
• Work with vendors on food shows and promotional magazines.

Qualifications

• Bachelor's degree preferred, or equivalent experience in procurement, replenishment, or supply chain management, preferably in the wholesale or retail industry.
• Experience in Hispanic distribution, vendors, and/or grocery retail.
• 5-7 years of wholesale procurement experience
• Bilingual proficiency (English & Spanish).
• Talent in negotiations and networking.
• Strong leadership and team management skills.
• Aptitude in decision-making and working with numbers.
• Experience in collecting and analyzing data, including spreadsheet (Excel) and data analysis software.
• Excellent communication and interpersonal skills.

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