Buyer (Product Procurement & Purchasing)

Job Title: BuyerWho We're Looking For:Are you an analytical thinker who loves the thrill of negotiating? Do you enjoy building relationships and keeping up to date with industry trends and supply chain management? If so, do your best work with Acme Tools as a Buyer!About Acme ToolsSince 1948, Acme Tools continues to be a premier retailer of tools and equipment at our locations in North Dakota, Minnesota, and Iowa and online by serving contractors, woodworkers, and do-it-yourselfers with a wide selection of tools and equipment from all the major manufacturers. As a family-owned operation for over 75 years, we are employee centric, family-friendly, community involved, and growth minded.You'll Enjoy:On-the-Job TrainingProfessional Development Programs and TrainingCompetitive PayGenerous PTO - Start accruing PTO on your 1st dayPaid Holidays - We are closed the 6 major holidays of the yearMaternity Leave partially paid with our Short-Term DisabilityWork Environment where team members take pride in their work and can see their impact on the companyEmployee DiscountsProgressive Growth OpportunitiesWe Also Provide:Medical, Dental and Vision insurance plans to fit any lifestyle & familyMedical & Dependent Care Flexible Spending AccountsAccident, Cancer, and Critical Illness supplemental insurance programs100% Company-paid Short- and Long-term Disability401(k) Program and Company Matching100% Company-paid Group Life Insurance 1x your annual wageAdditional Voluntary Life InsuranceWhat You'll Take Ownership Of:Managing new and existing merchandise programs for various categories and vendorsNegotiating, analyzing industry trends, planning and purchasing goods for resale at Acme Tools retail locations and websiteAnalyzing past buying trends, sales records, prices, and quality to optimize sales, inventory turns, cost controls, and profitAssuming responsibility for purchasing product lines, administering inventory control, ensuring proper stock level, re-buying of product lines, and ensuring acceptable rates of product turnoverSelecting, ordering, and authorizing payment for merchandise according to contractual agreementsNegotiating prices and delivery conditions and making purchases of items in relation to the best purchase price, discount, terms, co-op advertising, rebates and delivery to maximize program potentialSecuring promotional events and improving effectiveness and engagement of events; assisting Marketing and eCommerce departments with promotional opportunities of productsSelecting appropriate merchandise for the specific categories assigned and providing recommendations to improve the category, maximize the potential for increased sales and/or profitabilityContinuously acquiring and retaining product knowledge through research of items and product linesStaying up to date on industry trends and constantly evolving purchase plans to reflect current buying trendsTaking on other related duties as assignedNeed-To-Haves:Bachelor's Degree in business field, supply chain management, or equivalent experience2+ years of prior experience working with purchasing and inventory control practicesExcellent relationship-building and communication skillsStrong technology skills, especially with Microsoft office suite.Ability to write reports and business correspondence, strong written and verbal communication, organization, and presentation skillsKnowledge of calculating figures and amounts such as profit margins, discounts, interest, inventory turns, and percentagesEnergetic self-starter with the ability to work autonomously, as well as a part of a team environmentAbility to keep a high degree of confidentiality of all departmental and Company informationPrefer-To-Haves:Knowledge of retail sales and eCommerce industriesTool and Equipment knowledge5+ years of prior experience working with purchasing and inventory control practices*Employment offers are contingent on drug-screen and background check. Relocation to Grand Forks, ND required. Acme Tools is an equal opportunity employer.