Sourcing Buyer

KEY ESSENTIAL FUNCTIONS

• Manage day-to-day activities of growing purchasing team.
• Participate in Process improvement and development of purchasing department.
• Responsible for communication on any critical order or possible order delays and relaying it across our internal sales and sourcing team.
• Provide specific requirements to suppliers; track and follow up on purchase order status.
• Serve as the main liaison between the sourcing buyers, vendors, and accounts payable team.
• Develop and demonstrate basic product knowledge through sharing information with Buyer as a result of competitive bids.
• Ensure timely delivery of merchandise through communication with Buyer, merchant teams, and external vendors.
• Support Buyers in preparation of key business meetings (i.e. vendor appointments, style-outs, assortment planning).
• Conduct market research on competitors' pricing, product availability, and industry trends in accordance with Acacia funding agency requirements.
• Manage the inventory levels of various kinds of products, many of which have short shelf lives, long lead times, and inconsistent demand.
• Work with vendors and transportation to find the most cost-efficient way to transport products.
• Collaborate with related internal teams to maintain an optimum level of inventory.
• Maximize profit through the development and implementation of a strategic buying plan.
• Track orders and ensure timely delivery.
• Enter order details (e.g., vendors, quantities, prices) into internal databases.
• Maintain updated records of purchased products, delivery information.
• Prepare reports on purchases, including cost analyses.
• Follow up with suppliers on production schedule, shipping schedule, pending claims or quality issues, production capability issues, etc.
• Replenish inventory based on historical usage, current usage, and existing inventory.
• Requisitions and stores shipping materials and supplies to maintain inventory of stock.
• Receives purchase orders from various buying departments.
• Confirms pricing with supplier & request quotes.
• Releases purchase orders via FundEz, Yardi, or ADL.
• Fax or E-mail purchase orders to suppliers.
• Provides support to the Acacia Network affiliates by assisting them with the process of merchandising, selection and development, sales, analysis, and vendor management.

REQUIREMENTS

• A high school Diploma or equivalent education required.
• Minimum one year of purchasing experience.
• Knowledge of purchasing requirements and how to use purchasing equipment.
• Demonstrates attention to detail.
• Strong interpersonal skills.
• Prominent ability to work within a minimal supervision, fast-paced environment.