IQ Fiber · 1 day ago
Purchasing Specialist
IQ Fiber is a company focused on providing quality services and materials to support its operations. The Purchasing Specialist role involves procuring materials, equipment, and services while ensuring compliance with company policies and effective cost control. This position requires independent judgment in vendor selection and inventory management to align with business needs.
InternetResidentialService Industry
Responsibilities
Procure materials, equipment, services, and labor exclusively from company-approved vendors or as directed by the department heads, in accordance with established procurement policies
Analyze requisitions for non-inventory materials and marketing sponsorship needs and determine appropriate procurement approach
Manage and obtain signatures for scope of works for engineering, labor projects, and special projects as needed
Oversee the creation, management, and tracking of labor purchase orders, ensuring accuracy, proper authorization, and compliance with contractual and budgetary requirements
Issue purchase orders in alignment with company policies, approval workflows, and financial guidelines
Analyze inventory usage trends, demand patterns, and inventory turn metrics to determine appropriate replenishment strategies
Exercises independent judgment in evaluating purchasing requests, vendor selection options, inventory strategies, and prioritization of procurement activities
Recommends purchasing, inventory, and cost-control strategies to department leadership and management
Interprets company procurement policies and applies them to varied and non-routine situations
Identifies risks, inefficiencies, and opportunities related to purchasing and inventory management and proposes solutions
Collaborate with Operations, Warehouse, Finance, and other departments to align inventory levels with business and project requirements
Review inventory reports to identify slow-moving, excess, or at-risk inventory and develop recommendations for corrective actions
Track open purchase orders and labor POs to ensure timely delivery of materials and completion of services
Assist in resolving discrepancies related to pricing, quantities, scope of work, delivery, or invoicing
Maintain accurate purchasing, inventory, vendor, contract, and Labor PO documentation
Identify cost-saving opportunities, supplier efficiencies, and process improvements and present findings to management
Develop tools as needed to streamline role objectives and company requirements
Performs ad hoc tasks and analysis to assist the Procurement Manager and/or Finance team
Qualification
Required
Bachelor's degree in Business, Supply Chain Management, or a related field, or equivalent work experience in related industry
Minimum of 2 years of experience in purchasing, procurement, or supply chain operations
Working knowledge of inventory management, replenishment planning, and inventory turn analysis
Proficiency with ERP systems, particularly NetSuite
Proficiency in Microsoft Office, particularly Excel
Strong organizational, analytical, and attention-to-detail skills
Effective written and verbal communication skills
Company
IQ Fiber
IQ Fiber is a new residential fiber-optic internet provider headquartered in Jacksonville, Florida.
Funding
Current Stage
Growth StageTotal Funding
$150MKey Investors
SDC Capital Partners
2023-05-23Private Equity· $150M
2021-09-15Acquired
Recent News
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