SUMMARY: The role of the EHI hardlines buyer involves management of the pricing strategies and programs as well striving for best practices to improve the purchasing processes and COGS and gross profit achievement for the assigned product groups and remain within the company’s strategic business plan and budget.
RESPONSIBILITIES include the following. Other duties may be assigned.
Annually reviews all current hardlines related rebate program as well as looks for new opportunities for additional rebates. All rebate programs are to be in writing and signed by the Vendor and EHI management
Monitors category pricing and customer pricing levels to ensure compliance with established price strategies.
Purchases and negotiates hardware/hardline programs from preferred EHI vendor partners. Maintains current vendor relationships & sources new vendors & develops those relationships as necessary.
Schedule review of hardline programs with vendor quarterly if possible but all programs must be reviewed with the Purchasing Manager and Vendor management annually.
Sets and reviews the inventory min/max levels to insure proper stock levels are maintained to support sales at all EHI locations while minimizing working capital investment and maximizing turns and GMROI.
Coordinates with Merchandising Specialist and Location Managers to select and make available the right products for each individual location as per customer base needs.
Attends company approved trade shows and training opportunities. Overnight travel may be required.
Participates in and supports organization of company vendor events at all locations as necessary.
Participates in all required training to grow expertise and enhancement of position responsibilities.
Displays teamwork, effort, and continuous improvement in performance of all duties.
Supports the goals & objectives of Ed Herrington, Inc. through adherence to company policies, safety guidelines, & work requirements for successful completion of all assignments.
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE: Degree or previous experience in LBM Purchasing. Hardlines purchasing and vendor relationships a plus.
LANGUAGE SKILLS: Able to read, analyze, & interpret common technical journals, financial reports, & legal documents; to respond to common inquiries or complaints from customers, vendors & management personnel; to write reports that conform to prescribed style & format; to effectively present information to top management, customers, vendors, subordinates & others as required.
MATHEMATICAL SKILLS: Able to apply advanced mathematical concepts as they pertain to purchasing & departmental requirements; to apply mathematical operations to tasks as frequency distribution, determination of test reliability & validity, analysis of variance, correlation techniques, sampling theory, & factor analysis.
REASONING ABILITY: Able to define problems, collect data, establish facts, & draw valid conclusions; to interpret an extensive variety of technical instructions in mathematical or diagram form & deal with abstract & concrete variables.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to use hands to finger, handle, or feel; reach with hands & arms; & talk or hear. The employee must regularly lift and/or move up to 25 pounds & occasionally lift and/or move up to 100 pounds. Specific vision abilities required include close vision, color vision, depth perception, & ability to adjust focus.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is occasionally exposed to risk of electrical shock while working around electrically powered office equipment. The noise level in the work environment is usually moderate.
WORK HOURS: Regular, full time. Monday – Friday; Saturdays as required
Measurable performance and responsibilities may include but not limited to:
• Inventory Turns/Dollar goals of inventory by turns
• Gross Profit Achievement vs. Target
• Vendor Rebate Achievement / Dead Inventory Exit Strategy
• Slow Moving Inventory Strategy
• Acquiring vendor marketing and display support