Procurement Strategist

Role: Procurement Strategist
Location: Remote
Hours: Monday - Friday. 9AM - 5PM EST
Salary: Negotiable based on experience

This position is responsible for the development of annual, seasonal, monthly, and product procurement plans utilizing current sales and trend information.

Key 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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