Director of Procurement - Commercial Foodservice Equipment and Supplies
Job Description
Director of Procurement – Commercial Foodservice Equipment and Supply
We have an outstanding opportunity with a well-established, growing National Commercial Foodservice Dealer looking for an experienced and driven Director of Procurement to lead, coach, and manage our buying team. In this pivotal role, you will oversee inventory management, product selection, vendor relationships, and pricing strategies to achieve our inventory turnaround goals. Your leadership will ensure that we maintain optimal stock levels, discover new products, and continuously improve our purchasing processes. If you have a passion for procurement, strong leadership skills, and a knack for strategic planning, we want to hear from you!
Key Responsibilities:
Inventory Management and Product Selection:
- Trend Analysis: Study sales trends to determine the optimal products and quantities to stock.
- Stock Management: Ensure that inventory levels are maintained to avoid out-of-stock and overstock situations.
- Product Sourcing: Analyze item requests from sales departments and identify new or replacement products as needed.
- Vendor Relations: Build and maintain strong relationships with vendors and reps and monitor rebate programs.
- Negotiation: Negotiate large orders, including stock, bulk buys, and special purchases.
- Private Label: Review samples, pricing, and quality for private label products.
Strategic Planning and Coordination:
- Marketing Collaboration: Conduct weekly reviews with the marketing team to suggest items for flyers and specials.
- Rebates and Programs: Negotiate programs and rebates, and keep all platforms updated with current terms.
- Pricing Strategy: Manage website and retail pricing to ensure competitiveness and profitability.
- Purchase Orders: Revise and manage purchase orders to align with current inventory needs and sales forecasts.
Leadership, Management, and Accountability:
- Team Leadership: Conduct firm and consistent meetings with team members, including daily recaps to discuss challenges and review weekly scorecards.
- Performance Reporting: Provide weekly reports on scorecard summaries to ownership and strategize to maximize each team member's skills and potential.
- Coaching and Training: Coach and train team members on all aspects of Procurement such as product knowledge, pricing, and markups. Include soft skills training in negotiation and effective questioning.
- Wellbeing and Strategy: Hold monthly meetings to address team wellbeing and discuss strategy.
Goals and Targets:
- Inventory Turnaround: Achieve and maintain efficient inventory turnover rates.
- Margin Improvement: Increase profit margins through effective product sourcing and pricing strategies.
Skillset Required:
- Experience: 5-10 years of industry-specific experience.
- Sales Skills: Strong sales acumen with the ability to negotiate effectively and drive results.
- Communication: Excellent verbal and written communication skills.
- Mathematical Aptitude: Proficiency in math for analyzing pricing, margins, and inventory data.
- Active Listening: Ability to listen actively and respond to team and vendor needs.
- Organizational Skills: Superior organizational skills to manage multiple tasks and priorities.
- Ownership: Demonstrate total ownership of tasks and responsibilities.
- Attitude: Maintain a positive attitude and a “get it done” mindset.
- Passion: Genuine passion for the job and the industry.
- Respect: Show respect for others and their contributions.
- Continuous Learning: Stay open-minded and committed to ongoing learning and improvement.
Please forward resume formatted in a Word Doc to Paul Rychlewski at prychlewski@ariteam.com or call Paul at 312.780.7507
Please click “Apply” and be sure to upload your resume, Paul will contact all Qualified Candidates with full Details.
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Meet Your Recruiter
Paul Rychlewski
Paul is a highly motivated and passionate Sales Manager with over 25 years of experience in industrial sales and retail sporting goods operations. His extensive knowledge of recruiting, hiring, developing, and leading teams makes him an outstanding resource for identifying talent. His commitment to providing exceptional customer service results in consumer loyalty and organic business growth.