Procurement Manager at OTTO International Inc (OTTO CAP)

About Our Company

Established in 1983, we are a nationally recognized leader in Headwear and Apparel importer and distributor that strives to stay ahead of trends while providing the highest quality product. With thousands of active customers we strive to provide top-notch customer service, and always focus on maintaining our number one position in the Promotional Products/ Apparel Industry.

We are proud to be included in Top 40 in PPAI 100 and Top 40 in ASI Counselor List in 2024!

Job Summary:

The Procurement Manager in the promotional industry is responsible for managing the procurement of products and materials, as well as overseeing inventory levels to ensure the timely and cost-effective availability of items. This role involves working closely with suppliers, managing inventory systems, and collaborating with internal teams to support sales and production needs.

Job Requirements:

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• 5+ years of experience in purchasing and inventory managerial role.
• Strong knowledge of procurement processes, inventory control practices, and supply chain management.
• Familiarity with ERP systems and advanced Excel skills.
• Proficiency in inventory management software (e.g., SAP, Oracle, NetSuite, etc.).
• Excellent negotiation, communication, and interpersonal skills.
• Strong analytical skills and attention to detail.
• Ability to manage multiple tasks and prioritize effectively.

Preferred Qualifications:

• Experience in the promotional products industry.
• Knowledge of international sourcing and logistics.
• Certification in supply chain management (e.g., CPSM, CPIM).
• Experience in Microsoft Dynamic NAV ERP System

Work Environment:

• Office-based position with occasional visits to warehouses, suppliers, or trade shows.
• Ability to work in a fast-paced, dynamic environment.

Essential Job Functions:

Procurement Management:

• Develop and implement purchasing strategies to ensure cost-effective procurement of high-quality materials and products.
• Identify and evaluate suppliers, negotiate contracts, and establish strong relationships with key vendors.
• Manage purchase orders from creation to delivery, ensuring timely receipt of goods.

Inventory Control:

• Monitor inventory levels to ensure optimal stock availability while minimizing excess inventory and obsolescence.
• Conduct regular inventory audits to maintain accurate inventory records.
• Implement inventory control systems and practices to improve efficiency and accuracy.

Supplier Management:

• Evaluate supplier performance based on quality, cost, delivery, and reliability.
• Resolve any issues related to supplier performance, product quality, or delivery delays.
• Foster long-term relationships with suppliers to ensure consistent supply chain operations.

Demand Forecasting:

• Collaborate with sales, marketing, and production teams to forecast demand and plan inventory levels accordingly.
• Analyze sales trends and market data to anticipate future inventory needs.
• Adjust purchasing and inventory plans based on changes in demand or market conditions.

Logistic Coordination:

• Coordinate with logistics providers to ensure timely and cost-effective transportation of goods.
• Oversee the import/export process, ensuring compliance with relevant regulations.
• Manage warehousing and storage practices to optimize space and inventory accessibility.

Process Improvement:

• Continuously evaluate and improve purchasing and inventory management processes.
• Implement best practices and new technologies to enhance efficiency and accuracy.
• Train and mentor staff on procedures and systems.

Reporting and Analysis:

• Prepare regular reports on inventory levels, purchasing activities, and supplier performance.
• Analyze inventory turnover rates, lead times, and other key metrics to inform decision-making.
• Present findings and recommendations to senior management.

Note: The position responsibilities outlined above are in no way to be constructed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

Benefits:

• Competitive Wage

• Regular business hours 8:00AM to 5:00PM

• Medical / Dental/Vision Health Insurance benefits

• 401k Retirement Plan with employer contribution

• Paid Time Off (PTO) / Paid Holidays

Conclusion:

As an industry leader we focus on our customers and their needs. We value employee training and are committed to providing excellent service. We look forward to hiring the best to add to our team of first-rate professionals.

Travel: Occasionally

Telecommuting: No

Any Financial / Budgetary Responsibilities: Yes

Strategic Planning Responsibilities: Yes

Number of Staff Reporting to this Position: 3-5

Job Type: Full-time

Pay: From $90,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person