Inventory and Purchasing Coordinator
Sole purchasing and inventory coordinator for a multi-million dollar company. Maintain proper inventory levels of all Truco-owned finished goods and components at our headquarters and 18 other co-packers by analyzing usage and forecast reports. Create item numbers, set up pricing in internal systems, verify proper integration between ordering system and accounting system, assign vendor id, create purchase order, follow through to make sure items purchased arrive on time and are accurate, and work with accounting to make sure invoices are paid before due date to take advantage of available discounts. Create SKU numbers in accordance with Truco Item Logic for both accounting logic and warehouse part number logic. Perform month close inventory counts, variance reconciliations, and adjustments. Meet with potential vendors and audit three main supplier focuses; price, quality, and service. Also meet with current suppliers when needed to renegotiate contracts or request additional bids to make sure company expectations are met. Administer all claims regarding overages, shortages, and damages of transfer and grocery shipments.
- Reduced owned inventory from 1.7 million to 850K or less by Q4 of 2013 and have been able to maintain an owned inventory of 750-850K to present.
- Contributed to a successful project with a goal of $500k in savings by EOY in which we exceeded with a total of $1.9 million in savings.
- Successfully maintained a 99.5% or better in on-time delivery and order accuracy.