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Brick mason Offres d'emploi - Mississauga, ON

Dernière mise à jour : il y a 9 jours
Director of Procurement – Retail

Director of Procurement – Retail

Summit Search GroupMississauga, ON
Voir plusDernière mise à jour : il y a 19 jours
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Director of Procurement – Retail

Director of Procurement – Retail

Summit Search GroupMississauga, ON
Il y a 19 jours
Description de poste

Responsibilities : Procurement Strategy

  • Develop and implement a buying & sourcing strategy, considering market trends, consumer preferences, and company goals. Resulting in improvement of quality of active SKUs
  • Continuously seek opportunities to improve the current pricing strategies to increase the profitability of inventory
  • Develop and implement an effective exit strategy for old and out-of-trend products beyond clearance sales

Inventory Management

  • Develop and implement effective & efficient inventory management processes to drive increases in inventory management KPIs including inventory turnover
  • Oversee the inventory of 10 brick-and-mortar stores with 1 warehouse / distribution center & e-commerce to achieve company sales targets
  • Work with the vendors to maintain consistent and reliable stock availability for all active SKUs, minimizing the occurrence of stockouts
  • Allocate and distribute inventory effectively, ensuring right stock at right locations
  • Apply lean principles and identify areas where wastes can be reduced to improve the overall quality of the inventory
  • Vendor Management

  • Establish vendor management KPIs to measure and drive improvements to vendor’s deliverables & terms
  • Continuously work with industry vendors (45+) to strengthen relationships and reduce costs
  • Leverage vendor relationships to increase support from vendors towards overall company goals
  • Lead vendor negotiations and ensure execution of developed sourcing & negotiation strategy
  • Team Leadership and Development

  • Grow a team of 3 procurement professionals through clear structure and coaching with industry best practices
  • Create a scalable structure, allowing for seamless addition of new stores without requiring additional hires
  • Foster a culture of continuous learning and growth within the team.
  • Delegate responsibilities effectively, ensuring each team member’s skill set is maximized
  • Trend Monitoring and Product Lifecycle Management

  • Define a clear life cycle for all active SKUs in the company
  • Stay on top of consumer, vendor, and industry trends
  • Introduce new and trending products to meet customer demands
  • Regularly monitor vendor trends to assess any risks in supply chain and competitor landscape to make necessary adaptations
  • Collect regular feedback from retail, marketing & customers
  • Communication and Collaboration

  • Regularly assess and report the health of company’s inventory with strategic inventory data and KPIs
  • Work collaboratively with multiple departments and retail stores to ensure effective communication
  • Proactively engage with marketing and retail in driving increased profitability
  • Lead cross-functional teams on sourcing projects and contracting efforts
  • Merchandising

  • Collaborate with Retail Operations Manager to ensure effective visual merchandising plans are in place for the retail stores
  • Regularly visit locations to assess areas of improvement and control item selection strategies
  • Required Skills and Knowledge :

  • Demonstrated success in increasing the profitability volume and variety of merchandise
  • Strong technical and analytical skills to draw insight out from large sets of data within the existing systems for making informed decisions
  • Strong negotiation skills and vendor management experience
  • Strong partnership with Marketing to drive sell-through
  • Strong understand of pricing structure
  • Understanding of inventory dynamics in the warehouse / distribution center, brick-and-mortar stores & e-commerce
  • Education and Experience :

  • Demonstrated experience in optimizing effective procurement strategies to increase profitability and productivity for the organization
  • Minimum of 7 to 10 years procurement experience and 5+ years leading teams
  • Post-secondary education in Procurement, or a related field from a recognized institution preferred
  • Experience opening new markets and distribution channels is a bonus
  • Franchise experience is a bonus