purchase manager
ACE Hardware
Total des années d'expérience :10 years, 4 Mois
• Ensured supply chain compliance with our drive to buy in smaller lots, cutting
inventory costs by 28%.
• Created an automatic resupply communication for frequently ordered parts.
With an empty bin now triggers an instant message to suppliers, saving 20
labor hours per week.
• Saved $1.1 million a year through negotiating key contracts with 53 suppliers.
• Cut materials costs by 22% through sourcing better deals and negotiating
contracts.
• Worked closely with suppliers to cut our lead times by 25%.
• Negotiated with shipping companies to gain a 20% cost savings on all
inbound freight.
• Monitor stock level for each category (7 categories) by analyzing shipments
in transit and sailing with stock in hand items
• Summarize received shipments by category to identify planograms updates
in each store
• Release all required local replenishment orders after ensuring that they are
consistent with the shelves stock and sales averages.
• Create weekly statistics and marketing analysis to control inbound stock
values and levels
• Devising long-term development strategies for product categories
• Developing exit strategies for unsuccessful products
• Place appropriate orders to ensure product availability that meets consumer
demands
• Make forecasts for product demand to ensure the sustainability of inventory
• Ensuring company product categories along with displays are optimized for
sales and marketing.
• Optimizing in-store displays with prompted signage, category markers, and
category usage tips.
• Create and develop long term plans and strategy for the success of assigned
product category
Developing, implementing and monitoring all the purchasing processes, in
conjunction with the defined purchasing policies.
• Entering order details (e.g., vendors, quantities, prices) into internal
databases
• Maintaining updated records of purchased products, delivery information
and invoices.
• Analyzing price proposals, financial reports, and other information to
determine reasonable prices.
• Prepare reports on purchases, including Sales & Stock analysis.
• Follow-up on transit orders and ensure the deliveries are on time.
• Monitor Slow Selling Products and take necessary actions
• Monitor stock levels and place orders as needed.
• Providing feedback on the annual purchasing budget based on the
company’s business plan and strategic initiatives.
• Building and managing relationships with the existing suppliers, evaluating
potential suppliers and ensuring that they meet their contractual
obligations.
• Maintaining awareness of market practices and being up - to - date with
local market fluctuations that might affect suppliers pricing
• Sourcing new suppliers for the immediate future.
• Conducting market survey to check the availability and the prices of new
quality products and whether such prices are appropriate for purchasing
Purchasing:
• Responsible for the purchase of all goods, services and contracts on a best price / best quality
basis.
• Ensuring the smooth supply of material, consumables and equipment to the company.
• Negotiating price and terms of products with suppliers.
• Managing, developing & improving the purchasing team.
• Establishing terms, pricing, quality requirements, delivery, and contracts.
• Reviewing all contracts/agreements to achieve ‘best price/best quality’ purchasing.
• Preparing & processing requisitions, purchase orders & invoices for purchases.
• Giving sourcing input to colleagues to aid business planning & development.
• Making recommendations & advising senior management on all purchasing issues.
• Maintaining records of supplier contracts, agreements, goods ordered received.
• Managing vendor relationships and building effective supply chain partnerships.
Logistics:
• Requesting, revising & approving all freight rates & arrange bookings when required.
• Responsible for the clearance process and getting the required ministries approvals for all
shipments.
• Reviewing all the suppliers’ submitted documentation copies and makes sure it matches with
customs requirements.
• Communicate any discrepancies or issues, in documentation to all the concerned parties.
• Follow up with Customs license Broker to avoid Bayan Delay.
• Ensure that all costing of cleared shipments is provided to finance properly.
• Insuring shipments and following-up on claims with insurance companies.
• Preparing daily inbound reports to update the status of all shipments
Monitored 5-employee team while handling day-to-day accounting processes and financial accuracy. Completed daily cash functions like account tracking, payroll, and wage allocations, budgeting, donating, and all types of cash and banking reconciliations. Utilized FreshBooks and QuickBooks to analyze, store and record company financial information. Prepared monthly closings by creating journal entries and reconciling accounts. Applied mathematical abilities daily to calculate and check figures in all areas of accounting systems. Sorted and distributed mail for a business office of 12 people.
