Accomplished Senior Buyer and Logistics Manager with a proven track record at Grand Way Inc, adept in ERP systems and supplier negotiations. Excelled in optimizing supply chains, achieving significant cost savings, and fostering robust supplier relationships. Renowned for strategic sourcing and exceptional vendor coordination, I consistently enhance operational efficiency and stakeholder satisfaction.
Hi, I’m
Lace Malpica Sosa
Vega Alta
Summary
Overview
9
years of professional experience
Work History
Grand Way Inc
Senior Buyer
07.2019 - Current
Job overview
- Participated in continuous improvement initiatives, contributing ideas for more effective procurement processes.
- Achieved cost savings by implementing strategic sourcing and supplier negotiations.
- Optimized inventory management practices, reducing excess stock and minimizing carrying costs.
- Developed strong relationships with suppliers, fostering collaboration and mutual growth.
- Conducted thorough spend analysis to identify areas for potential cost savings and efficiencies.
- Evaluated supplier proposals objectively, selecting partners based on total value rather than just price alone.
- Collaborated with buyers for special events and seasonal promotions to maintain adequate product stock and drive sales.
- Managed vendor purchase order dispatch, delivery, and invoicing to set contractual guidelines and maintain budgetary regulations.
- Negotiated favorable contracts with suppliers, securing optimal terms and pricing structures.
- Represented company at national and regional trade shows.
- Identified new suppliers through market research, generating competitive bids for better pricing.
- Performed extensive vendor and supplier research to identify cost-effective options and product availability.
- Documented purchasing information in Software to maintain detailed and accurate records.
- Coordinated with finance teams on budgeting processes, providing accurate forecasts for product expenditures.
- Computed and created purchase orders to monitor stock levels, verify purchase requisitions and expedite customer orders.
- Maintained complete documentation and records of all purchasing activities.
- Analyzed current vendors and products to stay abreast of market trends and evaluate new suppliers.
- Managed and maintained purchase orders and invoices.
- Analyzed sales and inventory data to determine purchasing needs and reorder points.
- Established relationships with vendors to secure competitive pricing and discounts.
- Placed orders for merchandise consistent with quality, quantity and other specification requirements.
- Collaborated with sales team to identify and fulfill customer needs.
Grand Way Inc
Logistics Manager, Senior Buyer
06.2015 - Current
Job overview
- Enhanced customer satisfaction by closely monitoring order fulfillment and addressing issues promptly.
- Ensured regulatory compliance in all aspects of logistics operations, including transportation safety standards and customs requirements.
- Directed shipping and receiving of wide range of products daily.
- Improved on-time delivery rates by optimizing transportation routes and scheduling.
- Meticulously tracked shipments from origin to destination, proactively addressing any delays or issues that arose during transit.
- Coordinated driver dispatch to accomplish daily delivery requirements.
- Resolved shipping discrepancies by coordinating customer and courier communications.
- Monitored logistics performance and identified improvement opportunities.
- Efficiently managed budgets, ensuring optimal allocation of resources towards critical projects while minimizing unnecessary expenditures.
- Facilitated smooth communication between sales, production, and distribution departments to improve overall workflow efficiency.
- Negotiated transportation and logistics contracts to reduce shipping costs.
- Negotiated favorable terms with carriers, resulting in significant cost savings for the organization without compromising service quality.
Livona Corp
Logistics Coordinator
10.2021 - 12.2022
Job overview
- Tracked orders and notified customers of status or potential delays.
- Trained new employees on logistics procedures, promoting a consistent approach across the team.
- Collaborated with sales and customer service teams to address client concerns and expedite orders when necessary.
- Ensured compliance with industry regulations, reducing the risk of fines or penalties.
- Coordinated with suppliers to ensure timely delivery of goods, minimizing stockouts.
- Established an effective communication system between departments involved in logistics coordination ensuring seamless information flow.
- Reduced transportation costs by negotiating favorable contracts with carriers.
- Implemented a warehouse organization system that increased storage capacity and accessibility.
- Continuously monitored performance metrics, identifying areas for improvement within the logistics process.
- Negotiated contracts with freight carriers to lower transportation costs without compromising service quality.
- Reduced delivery times to customers by optimizing route planning and scheduling.
- Coordinated with suppliers for timely delivery of materials, ensuring continuous production.
- Updated and maintained databases to track shipments and inventory.
Grand Way Inc
Accountant Assistant
06.2015 - 01.2018
Job overview
- Answered phone calls regarding financial matters such as payments due.
- Documented business expenses and sales.
- Helped prepare month-end, quarterly and year-end closings.
- Reconciled bank statements monthly, identifying discrepancies for prompt resolution.
- Produced and distributed invoices and financial documents.
- Used spreadsheets to track data and produce charts.
- Took meeting notes to compose detailed summaries.
- Processed payroll accurately and on-time, ensuring employee satisfaction and adherence to labor laws.
- Prepared detailed journal entries as needed, supporting accurate record-keeping initiatives.
- Organized office systems to maximize efficiency and completeness of records.
- Matched purchase orders with invoices and recorded necessary information.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
Education
Universidad Interamericana De Puerto RicoBayamon, Puerto Rico
56 Approved Credits In Bachelor Of Accounting from Accounting And Business Management
2016
University Overview
Skills
- ERP System Knowledge
- Supply Chain Optimization
- Supplier Negotiations
- Supplier Relationship Management
- Purchasing strategy
- Trend assessment
- Researching products
- Cost Analysis
- Financial Planning
- Adept in Software
- Industry Expertise
- Analyzing data
- Strategic Sourcing
- Data Analysis
- Vendor Negotiations
- Vendor Relations
- Vendor coordination
- Contract Negotiation
- Business understanding
- Pricing negotiations
- Cost Control
- Customer Service
- Delivery Management
- Merchandising operations
Sourcing at Internacional Countries
Sourcing at Internacional Countries
Travel to diffrent Internacional shows as: Yiwu Internacional Trade Mart, Canton Fair, Guanzhou Sourcing Fair hardware and Home.
National Trade shows
National Trade shows
Went to national shows as: ASD Show Las Vegas, Off Price Trading Las Vegas, Magic Trade show Las Vegas, Miami Home Trade Show, Las Vegas Market, Dallas Home + Apparel trade show.
Additional Information
Additional Information
Additional references to be requested.
Languages
English
Bilingual or Proficient (C2)
Timeline
Logistics Coordinator
Livona Corp
10.2021 - 12.2022
Senior Buyer
Grand Way Inc
07.2019 - Current
Logistics Manager, Senior Buyer
Grand Way Inc
06.2015 - Current
Accountant Assistant
Grand Way Inc
06.2015 - 01.2018
Universidad Interamericana De Puerto Rico
56 Approved Credits In Bachelor Of Accounting from Accounting And Business Management
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