Procurement Strategist
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Job Description
Procurement Strategist responsible for developing procurement plans and managing e-commerce merchandise. Collaborating with teams to optimize inventory and maximize sales margins.
Responsibilities:
- Partners with Procurement, Brand Growth & Brand Operations teams on the development of pre-season and in season demand and purchases.
- Develops projections and purchase flow by sku/item.
- Provides other analysis related to driving business goals (e.g. hindsight’s, promotional strategies, etc.).
- Forecasts monthly and seasonal plans, to ensure all orders fall within approved financial targets.
- Analyzes and reacts to performance of strategy based on actual sales and current trend performance.
- Prepares and participates in monthly Open-to-Buy meetings.
- Partners with cross functional teams to develop and propose tactics in response to current business trends, such as:
- Makes recommendations for key financial strategies/decisions in order to maximize sales, margin and inventory productivity Monthly plan review process: develops sales, promotion, purchase and inventory re-forecasts
- Manages and executes promotional and liquidation strategy
- Communicates revisions within the team and to external partners
- Analyzes historical demand data and utilizes seasonal selling curves by category, brand, and country among other attributes as required.
- Exhibits initiative to look beyond the everyday business to look for opportunities to maximize sales potentials.
Requirements:
- Bachelor’s degree in finance, operations, or business preferred
- 2+ years of experience in e-commerce merchandise planning, demand forecasting; inventory management, financial planning etc. Amazon experience preferred
- Strong problem-solving and analytical skills; strong aptitude with numbers; retail math skills, understanding of forecasting methodology
- Makes decisions with limited information but also able to synthesize large quantities of data to drive business decisions
- Strong communication and presentation skills: concisely presents complex information/recommendations in terms meaningful to internal and external stakeholders
- System proficiency with strong emphasis on Excel, DOMO or Tableau a plus
- Builds collaborative partnerships cross-functionally; identifies/influences critical stakeholders
Benefits:
- **Remote Work:** Work from anywhere—our team is global, and we value work-life balance.
- **Growth Opportunities:** As a key player i you’ll have the chance to shape your role and grow with us.
- **Innovative Culture:** Join a team that is passionate about leveraging data to solve challenges and drive success in a rapidly evolving market.
- *As part of our recruitment process, all candidates will be kindly asked to agree to **Lago’s Confidentiality and Non-Circumvention Agreement**. This ensures a respectful and professional experience for everyone involved.*
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