Inventory & Procurement Manager
Current- Developed and maintained relationships with suppliers to negotiate favorable terms, pricing, and contracts- Streamlined the procurement workflow by utilizing applicable data, resulting in increased efficiency and reduced errors- Conducted market research relevant to our industry to stay updated on trends, new products, and potential suppliers- Created purchase orders accurately reflecting specifications, quantities needed, delivery dates, and payment terms- Negotiated… Show more - Developed and maintained relationships with suppliers to negotiate favorable terms, pricing, and contracts- Streamlined the procurement workflow by utilizing applicable data, resulting in increased efficiency and reduced errors- Conducted market research relevant to our industry to stay updated on trends, new products, and potential suppliers- Created purchase orders accurately reflecting specifications, quantities needed, delivery dates, and payment terms- Negotiated contracts with suppliers to secure favorable terms regarding price stability, volume discounts, warranties/returns policies etc- Monitored inventory levels closely to prevent stockouts or excess inventory while optimizing working capital utilization- Ensured compliance with company policies as well as local/national regulations related to procurement activities- Provided training and guidance to procurement team members on best practices, policies, and procedures- Identified opportunities for process improvements within the procurement function; implemented changes that resulted in increased efficiency- Oversaw a team of 5 employees responsible for maintaining efficient receiving and stocking processes Show less