Buyer Household

The job holder will be responsible for developing strategic buying plans for the assigned departmentcategory. The job holder will also ensure smooth buying operations through vendor identification evaluation and selection in compliance with the contract principles to achieve the strategic and financial objectives of the concept.

Buying Budget and Planning

• Determine buying requirements and formulate buying plan and budget for the assigned departmentcategory

• Align the buying plan to the overall departmentcategory business plan and the merchandize strategy as laid down by the department category manager

• Help meet the profit targets by ensuring timely procurement of the departmentcategory Merchandise

• Pursue cost reduction measures through centralized bulk buying and or selecting appropriate vendor mix scanning the environment for benchmarks and constantly improving the purchase process

Vendor Management

• Develop an adequate vendor base for the concept through active scouting and negotiation renegotiation

• Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise

• Maintain contact with vendors update list of vendors for bidding purposes attend product demonstrations obtain samples and literature regarding potential products and vendor capabilities and confer with end users

• Identify evaluate and select appropriate vendor mix to achieve business objectives

Order Management

• Place orders based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement

• Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow

• Track the merchandise transportation from supplier to landmark distribution centre and ensure smooth flow of goods

• Follow the reverse logistics guidelines to send the faulty damaged goods back to the vendor

Vendor and Product Research

• Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation

• Ensure effective communication collation and followup on various product requirements and findings obtained from the salesstore data

• Keep abreast of the latest trends in buying and discuss the same with the departmentcategory Manager from time to time to assess realignment of existing processes

• Gather information from Industry trade groups or through trade showsmarket visits

Skills

Good Knowledge of Buying processes



Good Knowledge of Retail brands



Planning and organizing skills



Networking skills



Negotiation skills



Attention to detail



Please note that only candidates with 46 years of relevant experience in Buying will be considered.

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