Buyer
Echo Electric · Sioux City, IA · 2 wk ago
PurchasingFull-time
About the role
At Echo Electric, a brand owned by Sonepar, we are a leader in electrical distribution. Echo Electric represents over $1.2 billion in sales covering Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Ohio, Nebraska, and Southern South Dakota. As part of Sonepar, the worldwide leader in electrical distribution, we have a global reach that allows us to offer excellent benefits and develop innovative solutions while maintaining our strong local roots and close-knit culture.
The Buyer role involves strategically managing a company's inventory, supplier relationships, and procurement processes to optimize product availability, cost-efficiency, and operational smoothness.
Responsibilities
- Replenishes stock for all locations on assigned vendors to meet customer service expectations and inventory performance goals.
- Maintains good relations with suppliers and ensures that the company receives favorable terms and competitive costs from suppliers.
- Maintains accurate product file in all aspects: item description, minimum buy package, etc., including cost in conjunction with the Pricing Department.
- Maintains a strong knowledge and understanding of current market conditions by conducting interviews with suppliers and identify opportunities for vendor consolidation.
- Ensures strong supplier relationships are developed and maintained and identifies cost variances.
- Searches for new products and seeks better negotiated costs with suppliers; looks for opportunities in vertical and horizontal markets.
- Negotiates the return of excess and slow-moving products that work towards team goals to drive trends downward.
- Clearly understands all aspects of the main computer operating system's inventory control and purchasing modules, including the ramification of parameter settings.
- Maintains a high level of product knowledge, stays informed on product lifecycles, and continuously learns about new/replacement products.
- Expedites the stock and special orders with other Echo personnel.
- Analyzes inventory for key metrics including risk of stock outs, bulk break receiving points, and turns.
- Utilizes historical data to improve inventory profiles.
- Resolves price discrepancies with vendors and the Accounts Payable Department to assure proper vendor billing and to maximize cash discounts for Echo.
- Performs other tasks as assigned by the manager.
Requirements
- Bachelor degree in Business Administration, Management, or a related field with coursework in Industrial Distribution Management; or 2 years buying experience in a related field or equivalent on-the-job experience as determined by Echo Electric.
- Commitment to and demonstration of high ethical standards governing professional behavior and interactions, including the ability to maintain information in a confidential manner.
- Proven proficiency in general personal computer applications, as well as in the use of Microsoft Office software, including Word and Excel.
- Demonstrated ability to communicate clearly and concisely in written and verbal formats.
- Strong process orientation and systems-thinking capability.
- Proven attentiveness to detail coupled with problem analysis and resolution skills.
- Demonstrated capability to interface and maintain effective relationships with all organizational members.
- Demonstrated time management and organizational skills, including an ability to plan and manage multiple priorities simultaneously.
Schedule
Monday - Friday, 8:00am - 5:00pm
Benefits
- Medical, dental, and vision insurance plus employer-paid short-term and long-term disability and life insurance.
- Paid time off and paid holidays.
- 401K match.
- Profit Sharing.
- Tuition reimbursement and employee development.
- Annual Safety Shoe Reimbursement.
- Employee Discount on products.
- Access to a variety of trainings for personal development.