Senior Buyer

National Cable Specialists; Mississauga; On-site; CAD 70,000 - 100,000; Full time

Job summary

A leading company in the cable industry seeks a Procurement Specialist in Mississauga. This role involves negotiating with vendors, managing inventory, and collaborating with the sales team. Ideal candidates should have at least five years of experience in supply chain management and strong analytical skills.

Qualifications

• Minimum of five years of industry experience preferable.
• Strong analytical skills and excellent communication.
• Capability to organize work with minimum supervision.

Responsibilities

• Negotiate and purchase inventory at competitive prices.
• Monitor inventory levels and write orders to refill stock.
• Build a network of reliable vendors and service providers.

Skills

Strong analytical skills

Excellent communication

Organizational skills

Team player

Stress management

Education

Supply Chain accreditation

Relevant education

Job description

Negotiate and purchase inventory at a competitive price from our strategic vendors just in time;

Ensure inventory turns ratio targets are met for products purchased

Ensure WD & Overstock reduction targets are met for respective products purchased.

Lead & execute quarterly business reviews with each of our strategic vendors;

Work cooperatively with all teammates in the administration of sales transactions;

Duties :

• Ensure all job functions are performed in accordance to the NCS International Standard Practice Instruction (SPI) Manual;
• Procurement of everyday stock items in a timely manner for Mississauga, London and Hamilton locations;
• Define and follow purchasing strategies for just in time inventory and safety stock;
• Monitor Lead times with preferred vendors and make purchasing decisions accordingly;
• Monitor inventory levels and writing orders to refill stock;
• Work with the sales team to purchase non-stock items;
• Track Inventory turns and identify opportunities to maximize them in accordance to company targets;
• Analyze and monitor the industry and material cost trends, new technology evolvement to proactively identify supply base issues to minimize risk, protect the continuity of supply, and utilize emerging opportunities;
• Evaluate and optimize the existing supplier base to ensure it is aligned with established sourcing strategies. Activities include supplier consolidation, alternative supplier identification, and migration, product re-allocations, etc.;
• Expedite delivery commitments from vendors to ensure on time deliveries. If changes to delivery schedule occurs, updated delivery scheduled to be inputted in our ERP system;
• Ensure proper service levels are met;
• Build a network of reliable vendors and service providers while maintaining existing relationships;
• Evaluate and continuously improve logistics processes to reduce the product shipping costs, activities include carrier identification, shipping modes / routes optimization, shipments consolidation, etc.;
• Collaborate with the sales team and support the sales team on product development and sourcing. Activities include identifying new suppliers for new products / materials, obtaining costing information, managing new product qualification processes, establishing the supply chain infrastructure, and managing the associated projects, etc.;
• Coordinate with internal shareholders and external suppliers to manage RMA’s and corresponding credits and debits;
• Conducting research on products, vendors, and services, and comparing price and quality to ensure the best deal;
• Processing of vendor material returns for products that fall under responsibility;
• Liaising with delivery and warehouse teams to ensure goods are received on time;
• Manage IBT requests from other branches for products that fall under responsibility;
• Ensure all overstock and write down material is communicated to sales on a regular basis which involves strategies on how to liquidate;
• Conduct vendor assessments to evaluate vendor performance based on set metrics such as PO Acknowledgement Rate, Responsiveness, On-Time delivery, etc.
• Updating all records of purchased products;
• Working with Administration team to help resolve receiving discrepancies with vendors;
• Analyzing reports on purchases made and performing cost analysis;
• Complete tasks in a timely manner and accurately;
• Assists co-workers when needed (backing up hours for co-workers on vacation);
• Works well with team members / respectful and courteous to others;
• Participate in all department team meetings as required;
• Communicate and collaborate with Purchasing & Inventory Manager on all important development and changes to vendors, pricing and lead times for the products they are responsible for;
• Performs any other duties as required by Management;

Requirements :

• Minimum of five (5) years of industry experience preferable, or a combination of relevant education and experience with at least three (3) years’ experience in the function;
• Supply Chain accreditation
• Strong analytical skills
• Excellent communication and organizational skills, Team player;
• Capability to organize his work with a minimum of supervision;
• Energetic and positive professional attitude;
• Excellent stress management;
• Ability to work in a computerized environment;
• Product knowledge, an asset.