Job description

Company Overview
Wholesale Supplies Plus (“WSP”) is a market leading e-commerce business focused on consumable ingredients and supplies to 90K+ customers who create and sell artisan personal care and candle products. Wholesale Supplies Plus was founded in 1999 and from the start we have offered high quality products, outstanding service, reasonable pricing and education for our base of hobbyists, artisans, entrepreneurs and business owners, 95% of whom are women. We define our core company values as Integrity, Teamwork, Creativity, Accountability and Humanity and these values are the bedrock of our future growth. Our business model is perfectly positioned to benefit from the multi-decade shift in consumer behavior that favors indie brands, handmade products, transparency of ingredients and personalization. We operate in a $1.2B market that is expected to growth at 8% to 12% through 2025. The competitive landscape is highly fragmented with 200+ mostly founder owned participants. We are the only brand consolidator today, one of the biggest players in the space and one of the only players in the industry with institutional capital. In May of 2021, Two Sigma Impact and Avance Investment Management invested in WSP and are focused on making add on acquisitions, operational improvements and driving value creation through engaging and supporting the customer base of enthusiastic entrepreneurs.

About the Sponsors

Two Sigma Impact is part of the larger business of Two Sigma. Its mission is to combine active, principled ownership and data science with the goal of achieving superior returns and positive social outcomes. The Two Sigma Impact team is focused on workforce impact – where they anticipate innovative and thoughtful investments in humans will lead to an enhanced employee experience, productivity, and long-term financial returns.

Avance Investment Management is a private equity firm with a passion for building great businesses in partnership with talented management teams. Avance focuses primarily on thematic investments within the Services and Consumer areas in the US, seeking attractive opportunities with catalysts for growth and fragmented spaces with consolidation opportunities. Avance's team has a long history of partnering with founder-owned businesses, industry executives, and management teams and aims to add value to each investment through the application of its STAGE™ value creation framework. Avance has offices in New York and Miami.

The Role: Senior Buyer - Procurement

The Senior Buyer - Procurement is responsible for both the Tactical and Strategic supply chain functions related to their assigned material categories. These functions include but are not limited to Supply Planning, Purchase Order placement, Supplier Relationship Management, Supplier Search-Select-Deploy, Inventory Management, Make v Buy, and limited Production Planning. This role will have ownership of several key performance metrics related to inventory management, product cost, lead time, and Supplier performance. The Senior Buyer - Procurement will be responsible for building and sustaining reliable and cost-effective supply chains, utilizing and deploying SIOP discipline, and driving fact-based continuous improvement through internal/external partnerships and data they have created or identified. This role will serve as the Subject Matter Expert for their assigned categories; understanding market trends, new entrants or exits and supply risk. They will drive annual plans for Supplier engagement, audit, and strategy.

Specific Responsibilities:

• Assure effective supply planning and execution with regular review of material requirements and timely purchase order placement
• Provide hands-on, daily management that drives sustainable supply chain process improvements, with a focus on delivering operational effectiveness and efficiency
• Assist with the development, and lead the implementation of, supply chain strategies to support corporate goals in the areas of Quality, Delivery, Cost, and Innovation
• Develop short and long-term ideas which elevate the customer experience, service levels, support business growth, and drive profitability
• Negotiate terms, delivery, and price with Suppliers. Monitor and assess performance.
• Conduct negotiations and lead the Supplier selection process.
• Provide cross-functional collaboration and strengthen relationships with Sales, Customer Service, Marketing, Warehousing and Quality to ensure team alignment and support strategic planning initiatives
• Support senior management to monitor core supply chain performance, including delivering against product margin and cost objectives
• Create, implement and share key metrics to measure and evaluate the end-to-end supply chain operations.
• Identify opportunities, model desired outcomes and effectively manage performance of operational methods
• Initiate and integrate modern technology and methodology to continuously improve processes and performance
• Forecast material requirements, own and execute supply planning and the fulfillment process; work with the information flow for the entire supply chain and be responsible for the physical flow process from suppliers and production to our DC shelf
• Benchmark internally and externally to identify improvement opportunities
• Use sound inventory practices to support marketing activities while minimizing excess and obsolete inventory
• Determine and maintain inventory levels based on expected customer service levels, including setting safety stocks, lead times, order quantities, reorder points and other related planning parameters. Use sound inventory practices to manage across A, B and C sku’s based on velocity, importance and other relevant factors.
• Act as a Power User of ERP, supporting enhancements, tool development, and training.
• Other duties as assigned

Requirements and Skills:

• BS degree in Supply Chain Management, or a related business degree combined with equivalent work experience
• Minimum of 5 years’ supply chain experience with a concentration in Purchasing and Material Planning
• Working knowledge of the end-to-end supply chain; proven track record of developing strategies/initiatives to improve supply chain effectiveness.
• Experience as key contributor or facilitator in an S&OP process.
• Prior experience with demand planning and forecasting software preferred
• Previous experience with international and domestic sourcing of raw and finished goods
• Excellent negotiation skills with a proven ability to create and maintain positive working relationships
• Empathetic – listen and understand first approach
• Power user of data
• Knowledge of and user experience with Enterprise Resource Planning (ERP) with MRP system implementation experience preferred
• Understanding of and curious about global economics, commodities and the ability to use market and Supplier information/analytics to better manage the supply chain
• Highly organized with a proactive discipline
• Collaborative nature with excellent verbal and written communication skills.
• Direct experience with product and standard costing, bill of materials structuring, and manufacturing planning processes
• Ability to conduct supply chain risk assessments and initiate and develop risk mitigation strategies within critical schedule deadlines
• Project Management skills, ability to quickly adapt to changing requirements or schedules
• Excellent analytical, critical thinking & problem-solving skills
• Working knowledge of MS Office suite of applications is preferred (Teams, Outlook, Excel, etc.)

Job Type: Full-time

Pay: $60,000.00 - $80,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee discount
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Work Location: One location

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