Trend Forecasting Jobs in Minnesota (NOW HIRING)

We are a leading building materials wholesaler dedicated to providing high-quality products and exceptional service to our customers. With a commitment to excellence, we supply a comprehensive range of building materials to contractors, builders, and construction professionals across the continental US. As we continue to expand our offerings, we are seeking a skilled and experienced Specialty Products Buyer to join our team.

This position is responsible for negotiating, purchasing, and managing products and the specialty buying team. Responsible for planning, scheduling, advising, market analysis, and communicating market activity. Develops and implements specific sourcing strategies to support corporate objectives, providing the company with a competitive advantage in the areas of materials and services. Creates and maintains mutually beneficial long-term partnerships with suppliers as well as trading staff.

Key Responsibilities:

1. Product Sourcing and Procurement:

• Responsible for purchasing and overseeing all specialty products, including hardware, decking, gypsum, siding, etc.
• Research, identify, and source specialty building materials, including but not limited to environmentally friendly products, high-end finishes, and innovative construction solutions.
• Establish and maintain relationships with vendors and suppliers to ensure competitive pricing, quality, and availability of products.
• Negotiate favorable terms, pricing, and contracts with suppliers to optimize profitability and maintain cost efficiency.

2. Market Analysis and Trend Forecasting:

• Stay abreast of market trends, industry developments, and emerging technologies related to specialty building materials.
• Work closely with traders to keep them up-to-date on developments as they occur.
• Analyze market data and customer feedback to anticipate demand and identify opportunities for product expansion and differentiation.
• Collaborate with sales and marketing teams to develop strategies for promoting and selling specialty products to our customer base.

3. Inventory Management and Optimization:

• Monitor inventory levels and product performance to ensure adequate stock levels and minimize excess inventory.
• Oversee the assistant buyers' development to cultivate a confident understanding of the market and pricing structures and product knowledge.
• Implement inventory management systems and processes to streamline procurement, reduce lead times, and improve overall efficiency.
• Work closely with warehouse and logistics teams to coordinate timely deliveries and manage inventory replenishment cycles.

4. Supplier Relationship Management:

• Cultivate and maintain strong relationships with suppliers, fostering collaboration and mutual success.
• Conduct regular supplier evaluations and performance reviews to assess reliability, quality, and compliance with contractual agreements.
• Resolve any supplier-related issues or disputes in a timely and professional manner, ensuring minimal disruption to operations.
• Develop key relationships with the manufacturers and distributors of products that will provide the company with competitive advantages.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Proven experience as a buyer or procurement specialist in the building materials industry, with a focus on specialty products preferred.
• Strong analytical skills and attention to detail, with the ability to analyze data, interpret market trends, and make data-driven decisions.
• Excellent negotiation and communication skills, with the ability to build rapport and negotiate effectively with suppliers.
• Proficiency in inventory management software and Microsoft Office Suite.
• Ability to work independently, prioritize tasks, and manage multiple projects simultaneously.
• Knowledge of environmental regulations and sustainable building practices is a plus.

Benefits:

• Competitive salary commensurate with experience.
• Comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
• Opportunities for career advancement and professional development.
• Dynamic and collaborative work environment with a focus on innovation and continuous improvement.

Join our team and contribute to our mission of providing exceptional products and service to the construction industry. If you have the skills, experience, and passion for specialty building materials, we want to hear from you! Apply today by submitting your resume and cover letter outlining your qualifications and interest in the position.