- Deeply understand individual vendor processes and procedures
- Own and proactively drive the stock rotation and scrap allowance process with each vendor, to ensure optimal inventory position and maximize our returns of undesirable/slow-moving inventory
- Report any changes in stock rotation and scrap terms to supervisor
- Skillfully negotiate terms and agreements with suppliers, even beyond contractual obligations, to secure favorable terms and additional return or scrap privileges
- Efficiently extract essential data from both supplier websites and Business Intelligence (BI) tools for informed decision-making
- Verify the alignment of supplier-provided data with internal records to ensure data accuracy
- Accurately upload and manage data on supplier websites, maintaining timely updates
- Integrate approved return or scrap lists seamlessly into our system
- Initiate monthly email communication to request allowance dollars from suppliers, with diligent weekly follow-ups to secure authorization and credit
- Take responsibility for the precise and timely weekly updates and maintenance of the annual stock rotation and scrap reporting
- Collaborate effectively with distribution centers to acquire certificates of destruction, ensuring prompt transmission to suppliers
- Guarantee the accurate and expedited receipt, processing, and recording of credits from supplier
- High School or GED, required
- Associate or bachelor's degree, preferred
- Proficiency in Microsoft Excel and working knowledge of Microsoft Office applications (e.g., Outlook, Word, PowerPoint)
- Experience with VLOOKUPs, concatenate, math functions with multiple cell references, and importing data
- Team-oriented operating style with effective interpersonal skills that allow successful business interactions with individuals of a variety of work styles, personalities, and career levels
- Takes initiative and follows up on outstanding items until fully completed
- Organized and detail oriented
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Procurement Coordinator - Miami, United States - Master Electronics
Description
To be a family that uses our collective superpowers to do significant good.:
The primary role as an Procurement Coordinator is managing and executing the Companys contractual right to sock rotations and or scrap slow or non-moving inventory. A successful Procurement Coordinator will assist the Purchasing Team in meeting the Companys goal to have the right inventory on the shelves before the customer need it.
What you will do?:Hourly Wage: Starting at $19.00 per hour + performance based bonus
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Master Electronics has a fast-paced and entrepreneurial environment, which requires a professional, flexible self-starter attitude.
Headquartered in Phoenix, AZ, Master Electronics is a leading global authorized distributor of electronic components. For more than half a century, our family-owned company has remained focused on strong relationships, responsive service and added value. This is how Master Electronics has grown to serve hundreds of thousands of customers in partnership with hundreds of world-class suppliers.
Master Electronics, a leading global authorized distributor of electronic components, is committed to providing equal employment opportunities for all applicants and employees. The Company does not unlawfully discriminate on the basis of race, color, creed, pregnancy, religion, sex, national origin, age, disability, veteran, marital, or any other protected status. The Company also makes reasonable accommodations for disabled employees. Finally, Master Electronics prohibits the harassment of any individual based on their protected status. This policy applies to all areas of employment, including recruitment, hiring, training, promotion, compensation, benefits, transfer, and social and recreational program.
