Purchasing and Logistics Specialist

The Purchasing and Logistics Specialist is responsible for managing and optimizing all aspects of purchasing, inventory, and logistics operations at NWT Enterprises Ltd.

Job Summary: The Purchasing and Logistics Specialist is responsible for managing and optimizing all aspects of purchasing, inventory, and logistics operations at NWT Enterprises Ltd. This pivotal role demands a highly analytical individual with an exceptional eye for detail and the foresight needed to manage long lead times, ensuring efficient and effective operations in a dynamic market environment.

Key Responsibilities:

• Demand Planning and Forecasting:
• Analyze market trends and sales data to accurately forecast product demand.
• Collaborate with sales and marketing teams to anticipate upcoming promotions, manage contracted supplies, and prepare for seasonal demand spikes.
• Supplier Management:
• Identify, evaluate, and select suppliers based on criteria of quality, cost, and delivery efficiency.
• Negotiate contracts and maintain robust relationships with suppliers and shipping lines to ensure favorable terms.
• Conduct regular performance reviews and manage risks associated with suppliers.
• Purchase Order Management:
• Create and manage purchase orders, employing optimization techniques to meet inventory needs.
• Monitor order statuses, addressing delays or issues, and ensuring stakeholders are kept informed.
• Maintain compliance with all purchasing protocols and collaborate with the Accounts department for timely and accurate payments.
• Inventory Management:
• Oversee inventory levels to maintain optimal stock based on analysis of historical data and future projections.
• Implement strategies for inventory reduction and manage surplus stocks effectively.
• Conduct and analyze periodic stock checks using advanced inventory management software.
• Logistics and Distribution:
• Strategically plan and coordinate the logistics of incoming and outgoing shipments.
• Foster strong partnerships with logistics providers to guarantee efficient and cost-effective delivery.
• Proactively liaise with customs brokers to prevent delays in goods clearance.
• Develop and maintain state-of-the-art tracking and information systems for transparency across the organization.
• Regular communication with Sales and Marketing Teams.
• Reporting and Analysis:
• Regularly report on purchasing costs, supplier performance, and inventory status.
• Leverage data to enhance purchasing strategies and overall supply chain efficiency.

Qualifications:

• Bachelor’s Degree in Supply Chain Management, Business Administration, or a related field.
• Minimum of three (3) years of experience in a similar role, with a proven track record in managing purchasing and logistics.
• Proficient in using data analytical tools, such as Excel and Power BI, to analyze and interpret data.
• Demonstrated ability to think analytically and strategically, with meticulous attention to detail.
• Exceptional negotiation and relationship management skills.