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FASTENERS INC: Purchasing Specialist


This is a Full-time position in Las Vegas, NV posted April 5, 2021.

Description: General Job Category Description The develops and maintains relationships with suppliers to proactively and strategically manage inventory levels.

This individual serves as a liaison between vendors and company personnel and manage inventory levels to assure sufficient stock without excessive investments and understands that the purchasing department is considered a profit center rather than a cost center, reduce costs and increase profits.

This individual must able to analyze and communicate changing market conditions, price trends, lead-time requirements, and availability of materials in a self-directed manner with minimal supervision.


Requirements: Essential Functions/Job Responsibilities * Prospect market opportunities via in-person and online sources and stay abreast of changing market conditions to strategically manage inventory levels.

* Maintain an excellent relationship with suppliers and vendor representatives; serve as a liaison between these individuals and company employees.* Manage purchasing for certain product lines and ensure products turn at acceptable levels.

Administer the inventory control and re-buying of these product lines while considering market opportunities and conditions.* Make purchases of quantity items in relation to the best purchase price, discount, and terms.

Negotiate prices and terms as appropriate and review supplier invoices for proper pricing and terms.* Make strategic buys with the ability to look around the corner, anticipate needs, and work closely with sales.

* Provide excellent customer service to suppliers by alleviating any concerns that may arise.

* Review damaged and defective items to determine warranty coverage and contact vendors if damaged items are returnable.

* Review slow-moving inventory reports with the Purchasing and E-commerce Departments to determine the inventory that can be sold online and in-store.

* Assist in reviewing, and moving dead stock.* Advise management of any problem with vendors or customers, vendor programs, specials, and new products.* Obtain current price sheets or product catalogs and distribute them to the proper personnel.* Maintain required records, files, and data processing information.* Assist in inventory cycle counting using and reviewing all reports developed and printed for inventory control management and purchasing.* Maintain punctuality and regular and reliable attendance.* Protect and maintain confidentiality of company trade secrets and other confidential and proprietary information including, without limitation, pricing information and sales data.

* Maintain a positive and productive work environment.

* Complete projects and assignments on time.* Other related duties as assigned.Qualifications * Bachelor’s degree in Math, Finance or Economics.

Commensurate work experience in a business setting will be considered.

* Strong written and verbal communication skills.

* Strong computer skills in MS Office (Outlook, Excel, Word), data entry, and NetSuite.

* Excellent analytical, problem solving and project leadership skills.

* Detail-oriented, organized, able to work in a dynamic, fast paced environment, and able to relate to others in a courteous manner.

* Skilled in recording information accurately.

* Able to learn and adapt to varied work assignments.

* Willing to assume responsibility for accuracy of work performed and to accept other duties as assigned by direct supervisor.

Physical Requirements.

Continuous sitting Compensation: $54,000/yr to $72,000/yr with a $5,000 Signing BonusPM21PI133261592