Job Purpose
The Director of Procurement is responsible for effectively managing Cloré’s overall inventory across all channels including the warehouse, brick-and-mortar stores, and e-commerce to drive the company's economic growth. The Procurement Director’s main goal is to develop procurement strategies & policies, implement effective procurement processes, maintain strong vendor relations, and negotiate good terms. The Director will analyze market trends, monitor inventory levels, and collaborate with various departments to align our procurement activities to ensure that we maximize the productivity and profitability of the company’s inventory.
This role is integral to the growth of Cloré, and the achievement of Cloré’s Vivid Vision, by optimizing the inventory management and merchandise sales for better gross margin return on investment and improved cash flow.
Responsibilities
Procurement Strategy
consumer preferences, and company goals. Resulting in improvement of quality of
active SKUs.
Continuously seek opportunities to improve the current pricing strategies to increase the profitability of inventory.
Develop and implement an effective exit strategy for old and out-of-trend products beyond clearance sales.
Continuously seek opportunities to improve the current pricing strategies to increase the profitability of inventory.
Develop and implement an effective exit strategy for old and out-of-trend products beyond clearance sales.
Inventory Management
drive increases in inventory management KPIs including inventory turnover.
center & e-commerce to achieve company sales targets.
active SKUs, minimizing the occurrence of stockouts.
Allocate and distribute inventory effectively, ensuring right stock at right locations.
Apply lean principles and identify areas where wastes can be reduced to improve
the overall quality of the inventory.
Supplier/Vendor Management
deliverables & terms.
reduce costs.
company goals.
negotiation strategy.
Team Leadership and Development
with industry best practices.
requiring additional hires.
Foster a culture of continuous learning and growth within the team.
Delegate responsibilities effectively, ensuring each team member's skill set is
maximized.
Trend Monitoring and Product Lifecycle Management
Define a clear life cycle for all active SKUs in the company.
Stay on top of consumer, vendor, and industry trends.
Introduce new and trending products to meet customer demands.
Regularly monitor vendor trends to assess any risks in supply chain and competitor
landscape to make necessary adaptations.
Collect regular feedback from retail, marketing & customers.
Communication and Collaboration.
Regularly assess and report the health of company’s inventory with strategic insight.
Inventory data and KPIs
effective communication.
Merchandising
merchandising plans are in place for the retail stores.
strategies.
Competencies and Person Specification
The role of the store manager requires:
Leadership - a willingness to take responsibility for this important role, with good data management and analytical skills, problem solving and critical thinking skills even under pressure and offer direction and guidance
Communication – clear communication skills with internal and external stakeholders (including department managers and vendors)
Time Management – the ability to manage and use one's time effectively or productively
Team Player – a Team Player at purchasing level and at the Company level
Drive – a high degree of self-motivation and the ability to motivate others
Dependability – a high degree of reliability, responsibility, dependability and the ability to fulfill obligations in a timely manner
Initiative – a willingness to take on responsibilities and challenges in a proactive manner
Self-Assessment – the ability to handle feedback and constructive criticism
Problem Solving Skills - can solve and make decisions even under pressure
Interpersonal Skills – ability to interact with others in a positive manner
Key Relationships
This person reports directly to the VP of Operations
Other key relationships are:
Physical Requirements and Working Conditions
Majority of time sitting in front of a computer
Standing and walking for parts of the shift
Must be able to lift up to 25 lbs or more
Effective communication between vendors and colleagues
Qualifications
Minimum of 7 to 10 years procurement experience and 5+ years leading teams
Post-secondary education in Procurement, or a related field from a recognized
institution preferred
merchandise
within the existing systems for making informed decisions
Strong negotiation skills and vendor management experience
Strong partnership with Marketing to drive sell-through
Strong understand of pricing structure
Understanding of inventory dynamics in the warehouse/distribution center, brick-
and-mortar stores & e-commerce
increase profitability and productivity for the organization
We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the recruitment and selection process.
