What are the responsibilities and job description for the Inventory Buyer position at G?
Position Summary:
The Inventory Buyer is responsible for ensuring optimal inventory levels for assigned product lines across all branches to support customer sales effectively. This role involves daily purchasing and inventory management tasks, vendor negotiations, and collaboration with corporate and branch teams to drive efficiency and meet organizational goals.
Essential Job Duties and Responsibilities:
- Inventory Management
- Perform daily purchasing and inventory tasks, including processing purchase orders, transferring inventory, filling backorders, and expediting outstanding orders.
- Eliminate obsolete or dead inventory to optimize stock levels.
- System Maintenance
- Maintain and update the S2K system for item and vendor information.
- Ensure the addition, modification, or removal of product data as needed.
- Vendor Relations
- Negotiate with vendors to secure the best total cost for products by optimizing:
- Pricing
- Discounts
- Terms
- Minimum and multiple order quantities
- Prepaid freight arrangements
- Data Management
- Maintain accurate and up-to-date files on pricing, product information, and negotiated buying agreements.
- Cross Departmental Support
- Coordinate product movement with branch sales and operations teams.
- Resolve discrepancies with Accounts Payable regarding vendor payments.
- Support corporate Sales and Marketing initiatives, including assisting with the preparation of monthly flyers and other product related cataloging.
- Process Improvement
- Identify and implement opportunities to enhance purchasing and inventory processes.
- Develop and document efficient procedures for inventory management.
- Additional responsibilities as assigned.
