Buyer 15N25

The role of a Buyer encompasses a wide range of responsibilities that require a keen eye for detail, excellent negotiation skills, and a strong understanding of market dynamics. As a Buyer, you will focus on sourcing, selecting, and negotiating products essential to our business's success. This position is crucial for maintaining inventory levels, ensuring quality and cost-effectiveness, and fostering relationships with suppliers. You will collaborate with various departments, including sales and inventory management, to forecast demand and streamline procurement processes effectively. In essence, the role connects the dots between the procurement of goods and the overall business strategy, ensuring that the company remains competitive in the marketplace.

Responsibilities

• Research suppliers and vendors to determine best product selections and pricing.
• Collaborate with sales and inventory teams to forecast demand and adjust orders accordingly.
• Negotiate contracts, pricing, and terms with suppliers to achieve optimal outcomes.
• Monitor market trends and changes to adjust purchasing strategies accordingly.
• Maintain strong relationships with existing suppliers and develop new connections.
• Ensure all purchased products meet the quality standards and regulatory requirements.
• Analyze purchase orders and invoices for accuracy and resolve any discrepancies.
• Manage inventory levels to ensure sufficient stock without over-accumulation.
• Work cross-departmentally to align purchasing activities with company goals.
• Generate and present reports on purchasing activities and cost analyses.
• Participate in budgeting processes to align procurement strategies with financial goals.
• Evaluate supplier performance and provide feedback to optimize product sourcing.

Requirements

• Bachelor's degree in Business, Supply Chain Management, or related field.
• Minimum of 3 years of experience in a purchasing or buyer role.
• Strong negotiation skills and the ability to influence stakeholders effectively.
• Excellent understanding of market dynamics and supply chain methodologies.
• Proficiency in procurement software and Microsoft Office Suite.
• Excellent analytical, organizational, and communication skills are essential.
• Ability to work collaboratively and cross-functionally with diverse teams.