What are the responsibilities and job description for the Procurement Manager position at Nelson Tire LLC?
Description
Summary Overview
As the Procurement Manager, you will oversee the sourcing, purchasing, and inventory management of tires across our retail stores and warehouses. You will work closely with manufacturer partners and develop purchasing strategies that align with our business goals. This role will require strong analytical skills, proactive communication, and the ability to make data-driven decisions that support profitability and operational efficiency.
The Procurement Manager will work collaboratively with the larger Supply Chain and Operational teams to provide data-supported insight and analysis to support the Gills purchasing strategies. They will establish reporting and KPI tracking to report regularly on performance milestones.
This role must effectively interface with existing and prospective vendors, possess strong organizational and analytical skills, and display excellent communication skills. This role requires establishing effective working relationships with the procurement team and operations team members to ensure alignment on strategy and full realization of identified opportunities and improvement initiatives.
Duties
- Develop and implement purchasing strategies to source tires from aligned manufacturer and supplier partners
- Negotiate pricing, terms, and conditions with suppliers to secure the best value for the company. Oversee inventory levels across the retail stores and warehouse locations to ensure optimal stock levels and product availability
- Collaborate with warehouse managers and operational teams to monitor inventory turnover, reduce stockouts, and manage excess inventory
- Implement data-driven forecasting models to align purchasing decisions with customer demand and business seasonality
- Manage the purchasing budget, focusing on cost-saving initiatives
- Regularly analyze and monitor market trends, pricing, and vendor performance to inform purchasing decisions
- Identify opportunities for cost reductions and process improvements in the supply chain
- Coordinate with the logistics and operations teams to ensure timely deliveries and optimal distribution
- Implement processes and systems for efficient inventory tracking, order management, and supplier performance monitoring
- Conduct regular audits of inventory practices to maintain accuracy and compliance with company standards
- Communicate product availability, incoming inventory, and promotional opportunities to ensure all teams are informed and aligned
Requirements
- Bachelor’s degree in supply chain management, Business Administration, or a related field.
- 5 years of experience in purchasing, procurement, or supply chain management, preferably in the automotive or retail industry
- Strong analytical and problem-solving skills with attention to detail
- Proficiency in data analysis tools, Excel, and internal software systems
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
- Results-driven with a focus on cost-efficiency and process improvement
- Ability to work independently and handle multiple tasks in a fast-paced environment
- Strong organizational skills with a proactive approach to managing responsibilities
- Desire to operate in a high-growth environment
