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Full-Time

Procurement Specialist

Posted on 7/9/2024

Flow

Flow

51-200 employees

Develops rental properties fostering community connection

Consulting
Real Estate

Compensation Overview

$90k - $100kAnnually

Senior

Miami, FL, USA

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
Communications
Requirements
  • 5+ years of experience in the interior design or procurement industry
  • Proven experience in sourcing furniture, accessories, rugs, lighting, and decor both domestically and internationally
  • Strong negotiation skills
  • In-depth understanding of raw materials, construction processes, production lead times, and international freight logistics
  • Excellent communication and interpersonal skills
  • Highly organized with the ability to manage multiple projects and deadlines simultaneously
  • Proficiency in spreadsheets (Excel or Sheets) and online tools
  • Detail-oriented with a strong focus on quality and accuracy
  • Ability to work independently and collaboratively in a fast-paced environment
Responsibilities
  • Source high-quality furniture, accessories, rugs, lighting, and decor from domestic and international suppliers
  • Build and maintain relationships with suppliers, negotiating terms and pricing to achieve optimal results
  • Source new suppliers, request quotes, and evaluate potential partnerships
  • Develop cost-saving opportunities while collaborating with the team to maintain and improve quality standards
  • Collaborate with the design and project management teams to understand project requirements and timelines
  • Conduct Quarterly Business Reviews with key suppliers to evaluate performance and strengthen partnerships
  • Place purchase orders, track order status, adjust ship dates when potential delays, and communicate effectively with cross-functional teams
  • Manage all purchasing documentation, including purchase orders, invoices, and contracts
  • Monitor marketplace trends in price, suppliers, and other conditions affecting supply and demand
  • Monitor materials demand, suggest adjustments to production schedules, and make changes to purchase orders as needed
  • Oversee the entire procurement process, from initial sourcing to final delivery, ensuring compliance with company standards and policies
  • Manage records related to vendors and purchase orders, including order acknowledgments and freight quotes
  • Document and log any quality issues, submit claims to carriers or vendors for damages, and proactively communicate with all stakeholders
  • Pivot and act quickly to evaluate and acquire alternate supplies as needed to mitigate disruptions
  • Manage and resolve any issues related to product quality, delivery delays, or other supply chain disruptions
  • Prepare and present regular reports on procurement activities, costs, and supplier performance to leadership

Flow Life focuses on transforming the rental housing market by creating communities that prioritize connection, well-being, and harmony with nature. The company addresses the common issue of renters feeling isolated by developing residential properties that foster a sense of belonging among residents. Their approach is tailored for urban renters who seek more than just a place to live; they want a vibrant community and opportunities for personal growth. Flow Life generates revenue through rental income from properties designed to enhance the living experience, attracting tenants willing to pay more for a supportive environment. The company's core values—give, grow, love, and commit—reflect its dedication to building thriving communities and improving the rental experience as it expands into new areas.

Company Stage

Seed

Total Funding

$350M

Headquarters

Miami, Florida

Founded

2022

Growth & Insights
Headcount

6 month growth

29%

1 year growth

72%

2 year growth

343%
Simplify Jobs

Simplify's Take

What believers are saying

  • Flow Life's innovative approach to community-building and well-being can attract premium-paying tenants, ensuring strong revenue streams.
  • The partnership with Bond to launch a digital wallet tool positions Flow Life at the forefront of PropTech innovation, potentially increasing tenant satisfaction and retention.
  • Adam Neumann's experience and vision, despite past controversies, could drive Flow Life to disrupt the rental housing market significantly.

What critics are saying

  • Adam Neumann's controversial history with WeWork may affect Flow Life's reputation and investor confidence.
  • The ambitious integration of digital wallets and cryptocurrencies could face regulatory hurdles and slow adoption among traditional renters.

What makes Flow unique

  • Flow Life focuses on creating vibrant, connected communities that emphasize well-being and personal growth, setting it apart from traditional rental housing options.
  • The integration of digital wallets and embedded payments enhances the rental experience, offering a seamless, tech-driven lifestyle for residents.
  • Flow Life's commitment to environmental integration and fostering a sense of belonging addresses the isolation often felt by urban renters, a unique value proposition in the market.

Benefits

Medical, dental, and vision insurance plans

PTO

Commuter benefits

401(k) Plan

Monthly phone stipend

INACTIVE