Demo

Vice President Of Purchasing & Inventory

New Castle Building Products
White Plains, NY Other
POSTED ON 7/9/2024 CLOSED ON 10/21/2024

What are the responsibilities and job description for the Vice President Of Purchasing & Inventory position at New Castle Building Products?

Job Details

Job Location:    Headquarters - White Plains, NY
Salary Range:    Undisclosed

New Castle Building Products (NCBP) is a full-service distributor based in White Plains, NY. NCBP operates with seven core values: Caring, Urgency, Teamwork, Honesty, Accountability, Flexibility and Passion. All our 20 locations from Massachusetts to Baltimore operate with these core values as their driving force. We look for team members who will display and share these values with fellow employees and customers.

Our headquarters based in White Plains, NY is seeking a Vice President Of Purchasing & Inventory. This individual will Effectively lead and manage the Purchasing / Buying and Product Management functions across the company with the goal of: ordering the right product, in the right amount, at the right cost, delivered to the right location, selling at the most beneficial price/gross margin contribution, and with the most beneficial vendor rebate and terms.  

 

Responsibilities for the Role:

Vendor & Inventory Management

  • Vendor Relationships & management: establish, foster, and maintain relationships with key material vendors.  Ensure vendor service levels are reached.  Pursue new vendor lines in key regional territories as necessary. 
  • Vendor negotiation: lead vendor rebate negotiations, both company-wide and within regions.  Work in tandem with accounting/finance on tracking of rebates and deals.
  • Bulk / Tier 1 purchasing: leverage the company’s buying base and cost effectively purchase items across the enterprise.  Negotiate fair costs and terms.  Support NCBP sales team on customer job buys & associated pricing.
  • Management / Leadership of the HQ Supply team: Ensure the HQ Buying team and HQ Pricing team, follows best practices and provides value to the company. 
  • Maintain buying SOP’s and KPI metrics: influence both HQ & local branch replenishment via the NCBP buying SOP.  Monitor company-wide KPI metrics as relevant: inventory levels, turns, aged inventory, minimum & maximum settings, etc…  Set in place corrective actions as necessary.
  • Vendor advertising co-op: lead vendor co-op advertising deals.  Work in collaboration with marketing/sales for the utilization of co-op funds. 

 

Product Pricing

  • Optimize pricing: with the goal of achieving gross margin thresholds above cost.
  • Item price levels: Maintain and establish (as necessary) list prices and price levels in coordination with market factors and ‘zones’. 
  • Customer price levels: Oversee the maintenance and setup of customer assignments to price levels.

 

 

Product Management

  • NCBP Private Label product management: vendor selection & relationship, branch sell % targets and driving of performance.
  • Product preference & information: communication of company-wide preferred product sales (i.e., prioritization of which vendor / item to market vs. other ‘like’ items).  Set targets and review performance by branch.  Communication of product information as needed (cost increases, design changes, etc.).
  • Product Group Major & Minor sales & gross margin: Work with NCBP sales and support product sales & associated gross margins by branch.  Communicate corrective actions as necessary and set targets. 

 

 

NCBP Senior Leadership Team

  • Lead and Manage the Supply Chain Division (HQ buyers & Pricing/Inventory teams).  Mentor and develop team’s competence & capabilities.
  • Active member of the NCBP Senior Leadership Team: branch performance reviews, new geographic market analysis, active participation in trade shows & associations, talent acquisition & evaluation, collaboration on best practices as it relates to Finance / Operations / HR, and mentorship / guidance on managing a growing business. 

 

Qualifications:

  • Business related degree from a reputable institution or equivalent professional qualification along with 7 to 10 years experience working in a similar capacity.
  • Strong Vendor relationship management experience, both in maintaining and strengthening existing vendors as well as seeking and onboarding new vendors as necessary.
  • Proven ability to successfully negotiate with multiple vendors on purchasing items (delivery, price, quantity).
  • Solid background in inventory control, minimum / maximum settings, inventory turn analysis and recommending & implementing corrective actions.
  • Team-leadership, setting of expectations and accountability, and the ability to organize collaboration amongst various areas.
  • Experience with pricing methodologies, price families, price tier structures and price elasticity.
  • Technical expertise in navigating and administering software programs, i.e., DMSI/Agility ERP system, and a working knowledge of Office systems (GMAIL, Sheets/Excel, Docs/Word, Slides/PowerPoint).
  • Residential & Commercial Roofing product knowledge, in addition to general building product knowledge, is highly desirable.
  • Superior attention to detail, dedication to planning & scheduling workloads, along with exceptional follow-up skills.
  • Strong written, verbal and communication skills are required as well as the judgment and discretion needed to respond to confidential information.
  • You will be expected to perform other duties as assigned.

 

Benefits:

We offer a full benefits package including:

  • Unparalleled work environment
  • Competitive pay
  • Paid vacation and holidays
  • Benefits: Medical/Dental/Vision/Life Insurance
  • 401(k) with discretionary employer match
  • A yearly review

 

If this sounds like you, please complete the application and also complete a brief survey once the application is submitted which will pop up on your screen.

 

Wage Range: $150k and up annually and additional benefits. In compliance with applicable law, this range is a good faith estimate based on potential employee qualifications, operational needs and other considerations permitted by law.


Salary : $150,000

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