Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
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Steve Patterson

Knoxville,Tennessee

Summary

Accomplished purchasing professional with an extensive background in management, showcasing an exceptional ability to adapt purchasing decisions to optimize sales and profitability through keen insights into market fluctuations and economic changes. Demonstrated expertise in scheduling, organizational, analytical, and negotiation skills through the management of purchasing inventory in excess of $10 million annually. Adept at hiring, developing, and leading associates towards achieving organizational goals. Proficient in a wide range of software tools, including Microsoft Office Suite (Excel, Word, Outlook, PowerPoint, Teams), Google Drive, Coupa procurement, WorkDay, and SAP Concur facilitating success in diverse digital environments.

Overview

20
20
years of professional experience

Work History

Senior Buyer / Purchasing Management

CarMax
Knoxville
11.2004 - Current
  • Orchestrated the planning, control, and direction of purchasing and inventory activities for a Fortune 500 automotive supplier, ensuring optimal stock levels and cost efficiency.
  • Formulated and executed strategic plans for key performance metrics, enhancing departmental productivity and operational excellence.
  • Spearheaded diversified purchasing and inventory management across the region, leveraging both online and brick-and-mortar auctions to maximize sales and profitability.
  • Evaluated current market values of inventory to adjust sales strategies and profit margins effectively.
  • Led the recruitment, training, and development of multiple departments, fostering a culture of continuous improvement and team excellence.
  • Cultivated and maintained robust relationships with vendors across various platforms, ensuring a reliable supply chain and advantageous negotiation terms.
  • Directed the remote management of inventory pricing and strategy for the Bristol location, optimizing inventory turnover and revenue generation.
  • Addressed and resolved emerging procurement challenges, implementing short- and long-term purchasing strategies to optimize the supply chain purchasing efficiency.
  • Collected and communicated technical data to software engineering teams, supporting the development and rollout of new product and technology platforms.
  • Audited, reconciled, and processed travel and purchase card expense reports, ensuring compliance and accuracy for the entire team.
  • Planned, organized, and executed weekly on-site auctions, generating monthly sales exceeding $4,000,000 for over 250 customers.

Education

Bachelor of Science - Service Management

The University of Tennessee - Knoxville
Knoxville, TN

Skills

  • Inventory Management
  • Supplier Relationship Management
  • Vendor Sourcing & Analysis
  • Staff Development
  • Market Trend Identification
  • Planning and Execution
  • Cost Reduction
  • Customer Relationship Management
  • Strategic Sourcing
  • Competitive sourcing
  • Demand forecasting
  • Supply Chain Optimization

Accomplishments

  • Recipient of the President's Club award three times for achieving top yearly buyer performance in a multi-state region.
  • Consistently achieved the "Best Overall Auction" ranking in a multi-state region for 3 out of the last 4 years by skillfully implementing auction strategies and continuously enhancing operational processes.

Timeline

Senior Buyer / Purchasing Management

CarMax
11.2004 - Current

Bachelor of Science - Service Management

The University of Tennessee - Knoxville

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Steve Patterson