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Procurement and Inventory Manager

Monark - 13 Jobs
Surrey, BC
Full-time
Management
Posted 13 days ago
Salary: $55,000 - $70,000

Monark Group is committed to helping great ideas live up to their fullest potential. Our diverse team delivers world-class solutions across a diverse array of emerging & established lines of business.

At Monark, you will do work that matters with people that are committed to helping our vision become a reality. Projects at Monark have an impact on the communities that our team members live, work & play in.

What will you do:

  • Develop and implement a comprehensive procurement strategy aligned with organizational goals.
  • Source and negotiate with suppliers to ensure cost-effectiveness and high-quality product acquisition.
  • Cultivate and maintain strong relationships with suppliers.
  • Oversee the entire inventory management process, from ordering to stock levels and distribution.
  • Implement efficient inventory control measures to minimize waste and ensure optimal stock levels.
  • Analyze pricing trends and market conditions to identify cost-saving opportunities.
  • Negotiate favorable terms and agreements with suppliers to optimize procurement costs.
  • Collaborate with cross-functional teams to gather data for accurate demand forecasting.
  • Develop and maintain inventory planning models to meet customer demands and minimize shortages.

In order to be successful, you bring:

  • Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
  • Proven experience in procurement and inventory management.
  • Strong negotiation and communication skills.
  • Analytical mindset with the ability to interpret data and make strategic decisions.
  • Knowledge of relevant industry regulations and best practices.
  • Proficient in inventory management software and Microsoft Office Suite.