Inventory and Purchasing Planner

NATCO Products Corp•West Warwick, RI

3d•Hybrid

About The Position

Natco is seeking an experienced Inventory and Purchasing Planner to join our Purchasing & Supply Chain team. This is a hybrid position based out of our West Warwick, RI corporate headquarters. The primary function of this role is to assist in establishing and monitoring inventory levels as well as developing analytical tools to enhance supplier performance and efficiency. This role will be responsible for managing vendor relationships to optimize product quality, service, and fill rates under the guidance of the Purchasing and Replenishment Manager.

Requirements

Bachelor's degree in supply chain management, logistics, or a related field preferred
2+ years of experience in inventory planning or supply chain management preferred
Knowledge of vendor management principles
Proficiency with Microsoft Office Suite programs with Intermediate Excel experience required

Nice To Haves

Excellent verbal, written, and interpersonal communication skills
Strong planning and coordination skills
Detail-oriented with solid organizational skills to manage multiple tasks and shifting priorities
Strong analytical and problem-solving skills with the ability to interpret data
Work well under pressure to meet tight deadlines
Adaptable and reliable with the ability to self-direct
Team player with the ability to work collaboratively with cross-functional teams

Responsibilities

Manage supplier/vendor relationships to achieve company standards of product quality, service, and cost-savings
Monitor inventory levels on a regular basis and assist with adjustments as needed in response to changes in demand or other factors
Communicate with overseas vendors and coordinate deliveries as well as expedite and analyze the movement of purchase orders
Liaise with the warehouse as well as the customer service and sales teams on scheduled deliveries
Prepare and monitor purchase orders detailing inventory levels to ensure timely and accurate ordering of merchandise
Validate invoices against purchase orders for approval to initiate production with vendors on all undelivered products
Recommend and assist in developing analytical tools to enhance and monitor vendor performance
Consolidate packing slips and invoices
Prepare and submit daily and monthly reports as requested
Communicate and work effectively with other departments, provide support to team members, and perform backup administrative duties as needed
Assist with all other projects or duties as directed by the Purchasing and Replenishment Manager