Product Manager & Purchasing and Inventory Coordinator

Priority Wire & Cable, Inc.; Mississauga; On-site; CAD 65,000 - 95,000; Full time

Job summary

An established industry player in the wire and cable sector is seeking a dynamic Product Manager & Purchasing Coordinator. This multifaceted role involves driving product growth, managing inventory, and ensuring optimal stock levels. You will collaborate closely with sales and marketing teams to develop strategies that enhance product offerings and customer satisfaction. With a focus on continuous improvement and market trends, this position offers a unique opportunity to make a significant impact within a supportive and growth-oriented environment. If you are passionate about product management and eager to contribute to a thriving business, this role is for you.

Benefits

Professional growth opportunities

Collaborative team environment

Competitive salary

Benefits package

Qualifications

• 5+ years in Product Management, Purchasing, or Inventory Coordination required.
• Strong knowledge of ERP systems and excellent analytical skills essential.

Responsibilities

• Oversee product selection and market analysis for wire and cable products.
• Manage purchasing and inventory to ensure optimal stock levels.

Skills

Product Management

Purchasing Coordination

Inventory Management

ERP Systems

Analytical Skills

Communication Skills

Education

Bachelor's degree in Business

Bachelor's degree in Supply Chain

Tools

Rubicon ERP

Job description

Product Manager & Purchasing and Inventory Coordinator

Job Category: Purchasing/Marketing

Requisition Number: PRODU002199

Posted: November 14, 2024

Employment Type: Full-Time

Locations

Job Title: Product Manager & Purchasing and Inventory Coordinator - Wire & Cable Products

Location: Mississauga, Ontario (moving to Vaughan in February)

Company Overview

We are a leader in the wire and cable industry, specializing in delivering high-quality solutions to our customers across Canada. Our goal is to support market growth by continuously enhancing our product range, optimizing inventory levels, and providing superior customer service.

Position Overview

The Product Manager & Purchasing and Inventory Coordinator is a multi-function role within our Canadian business unit. As the Product Manager, you will help Sales drive the growth of our wire and cable product portfolio, overseeing product selection, market analysis, and sales support initiatives. Concurrently, you will manage the purchasing and inventory to ensure optimal stock levels, reducing shortages and maximizing product availability in conjunction with our U.S. teams.

Key Responsibilities

Product Management:

• Product Selection & Development: Identify and select wire, cable, and potential ancillary products for our portfolio, ensuring alignment with market needs and growth objectives.
• Product Expansion: Evaluate and recommend new products to be added to the inventory, focusing on emerging market trends and customer demand.
• Marketing & Sales Support: Collaborate with the marketing team to develop product cut sheets, catalogs, and other collateral to drive sales growth.
• Pricing Strategy: Assist in setting competitive and strategic pricing structures.
• Customer & Internal Product Support: Address product-related inquiries from internal teams or external customers, providing expertise and solutions.

Purchasing and Inventory Coordination:

• ERP System Setup & Optimization: Lead the setup and ongoing enhancement of the ERP system (Rubicon) to streamline inventory management and automate purchasing suggestions.
• Inventory Management: Maintain appropriate inventory levels, focusing on minimizing stock-outs and optimizing turnover rates. Manage random lengths and establish scrap levels.
• Procurement & Order Placement: Place product orders and work in close collaboration with U.S.-based Purchasing teams in Virginia Beach and Little Rock to coordinate supply flow.
• Stock Review & Allocation: Review orders for cut wire, select appropriate reels, and determine the need to ship as-is or cut to required lengths, managing random lengths and scrap levels.
• Support Sales for Custom Orders: Provide support for sales and custom quotes, recommending the use of existing random lengths to meet customer needs while minimizing waste.
• Cross-functional Collaboration: Act as a liaison between Sales, Operations, and other departments to facilitate smooth inventory flow and product availability.

Qualifications

· Candidates must be 18 years or older with the ability to understand and adhere to all job requirements and safety guidelines.

• Bachelor's degree in Business, Supply Chain, or a related field.
• Minimum 5 years of proven experience in Product Management, Purchasing, or Inventory Coordination, preferably within the wire and cable industry or minimally in the electrical and or distribution market. This is not a consumer products role.
• Strong knowledge of ERP systems (experience with Rubicon is a plus).
• Excellent analytical, organizational, and problem-solving skills.
• Effective communication and collaboration abilities, with a customer-focused approach.

Why Join Us

• Be part of a collaborative and supportive team with opportunities for professional growth.
• Play a key role in driving the success of our Canadian business unit.
• Competitive salary and benefits package.

If you're passionate about product management and inventory coordination and excited to work in a dynamic, growing industry, we encourage you to apply!

Priority Wire & Cable is an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.