The Senior Buyer for Household Items is responsible for managing the procurement of household goods, ensuring the acquisition of high-quality products at optimal prices. This role involves strategic sourcing, supplier management, and collaboration with cross-functional teams to drive purchasing efficiency and product availability.
Key Responsibilities:
• Strategic Sourcing:
• Develop and implement sourcing strategies to optimize product offerings in the household items category.
• Conduct market research to identify new suppliers and emerging trends.
• Supplier Management:
• Negotiate contracts and terms with suppliers to secure favorable pricing and delivery terms.
• Maintain and strengthen relationships with existing suppliers to ensure reliability and quality.
• Product Selection:
• Evaluate and select products based on quality, cost, and market demand.
• Collaborate with product development and marketing teams to align purchasing with product launches and promotional activities.
• Inventory Management:
• Monitor inventory levels to ensure adequate stock while minimizing excess.
• Analyze sales data and forecast demand to inform purchasing decisions.
• Cost Control:
• Assess total cost of ownership for products and identify opportunities for cost savings.
• Implement best practices in procurement processes to enhance efficiency and reduce expenses.
• Quality Assurance:
• Ensure all purchased products meet company standards and regulatory requirements.
• Work with quality control teams to address any issues with product quality.
• Reporting and Analysis:
• Prepare and present regular reports on purchasing activities, market trends, and supplier performance.
• Utilize data analysis to support strategic decision-making.
• Team Leadership:
• Mentor and train junior buyers in procurement processes and best practices.
• Collaborate with cross-functional teams to align procurement strategies with business objectives.
Qualifications:
• Bachelor's degree in Business, Supply Chain Management, or related field; MBA is a plus.
• Minimum of 5 years of experience in purchasing or procurement, specifically in household items.
• Strong negotiation, analytical, and communication skills.
• Proficiency in procurement software and Microsoft Office Suite.
• Familiarity with e-commerce platforms and market dynamics.
Job Type: Full-time
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