Job Information
LATICRETE International Buyer-Planner in Bethany, Connecticut
Classification:
Salary
Job Description:
Are you looking for a new challenge? Passionate about innovation? Want to work for a global company that values integrity, teamwork, and loyalty?
At LATICRETE International, we aim to be the leading construction brand trusted globally for high-performance tile and stone installation systems and building finishing solutions. We’ve been in business for over 65 years, family-owned for three generations, and can be found in over 100 countries. The Hartford Business Journal even named us one of Connecticut’s top family-owned companies in 2017!
We don't just make innovative, industry-leading products. Our purpose is to improve the built world and the lives of those who build it. We strive to connect with, engage with and improve the lives of our employees, our customers, our partners, and the global communities in which we operate.
We are seeking passionate and ambitious employees who want to make a difference not just within our organization, but within their communities, our industry, and the world. If that sounds like you, then what are you waiting for? Join the family and expand your horizons!
Just some of our benefits:
Medical
Dental
Vision
401k
Tuition reimbursement
13 paid holidays, that includes 1 week of paid plant shutdown between the Christmas and New Year's Day holidays
Paid vacation and sick time
Flexible spending
Life Insurance, AD&D and Supplemental Insurance
POSITION SUMMARY
As a Buyer-Planner, you will play a pivotal role in our company's operations by managing the procurement and inventory of items purchased for resale. Your expertise in understanding Material Requirements Planning (MRP) data parameters, Procurement, and optimizing inventory levels will be critical to ensuring efficient supply chain management and meeting customer demands.
ESSENTIAL DUTIES AND RESPONSIBILITIES - TOP 4 ACTIONS FOR POSITION
Additional duties and responsibilities may be assigned as necessary.
1 Inventory Optimization (35%):
Design and implement stocking models considering factors such as demand forecasts, lead times, logistics, and supplier capabilities.
Conduct regular reviews and adjustments to stocking models based on changing demand patterns to maintain optimal inventory levels.
Analyze inventory data and trends to identify potential risks or opportunities for improvement.
Procurement (30%):
Translate demand forecasts into actionable procurement plans to ensure adequate inventory levels are maintained to support sales targets.
Develop and implement a process for consolidating inbound shipments to enhance operational efficiency.
Supplier Relationship Management (10%):
Cultivate and maintain strong, collaborative relationships with suppliers to ensure reliability, quality, and timeliness of deliveries.
Coordinate with cross-functional teams, including product management, demand planning, and procurement to ensure alignment of supplier management activities with business goals and objectives.
Monitor and mitigate supplier risks, such as supply shortages, quality issues, or geopolitical instability, through proactive risk assessment and mitigation strategies.
Champion ethical sourcing practices and sustainability initiatives within the supply chain, working closely with suppliers to promote responsible sourcing and environmental stewardship.
Collaboration (25%)
Facilitate clear two-way communication with the Product Management Team to ensure customer satisfaction.
Collaborate with Demand Planning team on forecasting.
Participate in regular meetings and discussions to share insights, provide updates on inventory status, and address any issues or challenges that may arise.
REQUIRED SKILLS & 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 Experience:
Bachelor’s degree in business administration, Supply Chain Management, or related field.
Proven experience in procurement, inventory management, or supply chain roles, preferably in a retail or manufacturing environment.
Strong understanding of Material Requirements Planning (MRP) systems and data parameters.
Excellent analytical skills with the ability to interpret complex data and make informed decisions.
Proficiency in inventory control techniques and inventory management software.
Exceptional communication and negotiation skills.
Ability to work collaboratively across cross-functional teams.
Detail-oriented with strong organizational and time management skills.
LATICRETE is a world-wide manufacturer and marketer of globally proven construction solutions used in residential, commercial and industrial applications. For over 50 years, LATICRETE has provided the technology, products and experience to make innovative, permanent installations and repairs for the construction market. Architecturally specified and professionally endorsed by installers, LATICRETE offers a dedication to quality that results in globally proven solutions for virtually every application.