Buyer/ Purchaser

Position ID: # 30009
Location: Toronto (GTA)
Work Type: On-Site
Compensation: $60-85K - depending on experience
About Our Client

Our client, a well-established company in the Security Solutions industry, is seeking an experienced Buyer/ Purchaser to join their team. This position is ideal for a person who can manage national suppliers and has experience with inventory management, strategy, negotiation, and merchandising. Ideally, the successful candidate will also have experience with the security solutions industry (locks, access control, physical security devices, etc).
Responsibilities

The Buyer/ Purchaser will be responsible for performing a diverse range of functions including but not limited to:

• Develop strategies and core competencies for merchandising, purchasing, and inventory optimization
• Strategically forecast purchasing and procurement-related activities
• Set strategic goals and objectives related to purchasing and procurement
• Develop strategies and methods to analyze and optimize inventory
• Drive company success by building and maintaining strong relationships with existing and new clients and by achieving specific KPIs
• Collaborate with internal teams, suppliers, and other stakeholders to get input and insight to increase product lifecycle knowledge, and assist in optimizing procurement
• Make recommendations for merchandising opportunities based on market analysis and trends
• Work with national suppliers as well as international private brand suppliers to increase the efficiency of the procurement process
• Develop and implement inventory targets, maintain records, and reduce supply chain obstacles to increase efficiencies and improve processes
• Review and negotiate competitive bids, purchase agreements, and contracts with vendors and suppliers
• Develop, monitor, and maintain a cost-effective MSRP/Cost/Discount structure
• Develop strong relationships with vendors and brokers, and negotiate on behalf of the organization
• Prepare reports and updates as and when required
• Collaborate with other departments to review opportunities for continuous business improvement

Qualifications

The following are the minimum requirements to be considered for this role:

• 2-5+ years experience in a purchasing, procurement, product management, or e-commerce role
• 2-5+ years of experience negotiating with vendors and brokers, and managing suppliers
• 4-8+ years of experience and/or knowledge in the Security Hardware Solutions industry (locks/ access control/ physical security devices, etc)
• Excellent negotiation, communication, and relationship-building skills
• Ability to analyze data to inform decisions on inventory, purchasing, merchandising, etc
• Strong Business acumen, and ability to align strategy with business goals
• Highly adaptable and resilient, able to pivot quickly when required
• Ability to effectively prioritize and organize work in a fast-paced environment
• In-depth understanding of the market
• Excellent analytical and reporting skills
• Experience with an ERP system, and ability to learn new systems as required
• Ability to collaborate with team members and other stakeholders
• Bachelor’s Degree in business, supply chain, analytics, or a relevant field