Excess Inventory Buyer

Smith is the leading independent electronic components distributor in the world. We are seeking a highly motivated, entrepreneurial, and results-driven Excess Inventory Buyer to identify, acquire, and monetize excess, obsolete, and slow-moving electronic component inventory. This individual will act as a market hunter, constantly searching for opportunities to maximize profitability by connecting available inventory with customer demand. This is not a transactional purchasing role. We are looking for someone who thinks like a trader, actively identifies opportunities, and relentlessly pursues revenue-generating deals.

Responsibilities

Source and acquire excess, obsolete, and surplus electronic components; Identify high-value, hard-to-find, and money-maker inventory opportunities; Evaluate market demand, customer opportunities, and profitability before making purchasing decisions; Develop strategies to maximize the value of every inventory opportunity; Work closely with sales and trading teams to identify customers that can immediately consume available inventory; Match excess inventory to active customer demand and emerging market trends; Develop creative solutions to move inventory quickly while maximizing margins; Build long-term strategies around recurring customer demand and inventory needs; Develop strong relationships with suppliers, OEMs, contract manufacturers, distributors, and brokers; Expand your network to uncover inventory opportunities before competitors; Collaborate internally with sales, quality, operations, credit, and management teams to drive successful outcomes; Become a trusted resource for market intelligence and inventory opportunities; Maintain accurate records in CRM and internal systems; Follow established purchasing, compliance, and vendor management procedures; Manage multiple opportunities simultaneously while maintaining exceptional attention to detail; Track opportunities from initial identification through successful closure

Requirements

Self-starter with a strong sense of ownership and accountability; Entrepreneurial mindset with a passion for finding opportunities; Strong negotiation and relationship-building skills; Highly organized and detail-oriented; Ability to prioritize and manage multiple deals simultaneously; Strong analytical and commercial decision-making skills; Excellent written and verbal communication skills; Comfortable networking and building relationships across all levels of an organization; Ability to work independently while collaborating effectively with cross-functional teams