Velvet Taco · 2 weeks ago
Purchasing Analyst
Velvet Taco is a unique fast-casual restaurant concept known for its chef-driven taco menu. The Purchasing Analyst will manage category procurement initiatives, negotiate supplier contracts, and oversee significant annual spend while ensuring quality and supply continuity.
Responsibilities
Support sourcing initiatives, including RFIs, RFPs, and RFQs, to evaluate and award supplier partnerships for Food, Beverage, and Equipment
Identify and execute cost savings opportunities without compromising product quality
Conduct landed cost analysis and build models to compare sourcing scenarios
Support the onboarding of new supplier partners
Monitor industry trends, commodity markets, and macroeconomic indicators to guide sourcing strategies
Provide business case support and rationale for all sourcing recommendations
Conduct supplier business reviews to evaluate spend, performance, and innovation opportunities
Participate in S&OP planning and align supplier production with demand forecasts, particularly the WTF (weekly taco feature)
Build strong relationships with key supplier contacts and internal stakeholders
Manage contract lifecycles, ensuring compliance and timely renewals
Mitigate supply risk by identifying and testing alternate sources of supply
Support the rollout of new tools and processes that enhance sourcing efficiency
Leverage historical data and usage trends to inform procurement timing and strategies
Adhere to and support our inventory management system (Crunchtime)
Perform additional responsibilities as assigned to support business needs
Qualification
Required
3-5 years of experience in procurement, contract management, or strategic sourcing with food, beverage, and restaurant equipment
Understanding of contract negotiation, including pricing, food safety, and technical terms
Experience with competitive bid processes (RFx)
Knowledge of commodity markets and cost structures
Ability to assess currency impacts and macroeconomic trends
Proficiency in strategic sourcing tools and techniques
Advanced Excel skills and proficiency in the MS Office Suite
Strong analytical, communication, and problem-solving skills
Ability to work independently in a fast-paced, deadline-driven environment
Preferred
Experience sourcing perishable or food products strongly preferred
Foodservice, QSR, or Fast Casual industry experience strongly preferred
Bachelor's degree in supply chain, Finance, Business, or related field preferred
Crunchtime experience is a plus
Benefits
10% Bonus potential of base salary paid annually
Competitive Salary
Medical, Dental, and Vision Benefits after 30 days
Employer Paid Dental and Vision Benefits (employee only)
Flexible Spending Accounts (FSA)
Health Savings Accounts (HSA)
Company Paid Vision and Dental
3 weeks PTO
Employee Assistance Program - Stand Together Fund
Company Paid STD, LTD, and Life Insurance
401(K) Plan
Casual Work Attire
Free TACOS!
Oh, and if you're inclined to get a Velvet Taco tattoo, our CEO will pay for it
Company
Velvet Taco
Velvet Taco is a temple to the liberated taco. We’re a one-of-a-kind taco concept serving premium food in a unique & funky fast-casual setting.
Funding
Current Stage
Late StageLeadership Team
Recent News
2023-07-13
Business Journals
2023-04-13
Business Journals
2023-02-23
Company data provided by crunchbase