Buyer (225-802)

A Buyer is a crucial role within any organization that involves the acquisition of goods and services that are essential to business operations. The primary responsibility of a Buyer is to identify, select, and purchase quality products and services required by their company at competitive prices. This role demands strong analytical skills, negotiation expertise, and a keen sense of market trends to make informed purchasing decisions. As a Buyer, you will work closely with suppliers, negotiate contracts, assess supplier performance, and ensure that all procurement activities comply with the company's policies and budgetary constraints. A successful Buyer must balance cost and value, prevent supply shortages, and maintain a strategic inventory level to promote uninterrupted business operations.

Responsibilities

• Conduct market research to identify potential suppliers and evaluate their capabilities.
• Negotiate contracts, terms, and prices with vendors to secure the most advantageous deals.
• Monitor inventory levels to determine supply needs and place orders accordingly.
• Evaluate supplier performance and recommend changes to procurement strategies as needed.
• Develop and maintain strong relationships with key suppliers for sustainable partnerships.
• Analyze market trends to forecast future purchasing needs and potential risks.
• Ensure that all procurement processes align with company policies and regulatory requirements.
• Prepare, update, and manage purchase orders, supply agreements, and contracts accurately.
• Coordinate cross-functional efforts to resolve any supply chain issues or discrepancies.
• Identify cost-saving opportunities and implement solutions without compromising quality.
• Track purchasing metrics and report on results to senior management periodically.
• Continuously assess supply chain operations to improve processes and performance.

Requirements

• Bachelor’s degree in Business, Supply Chain Management, or a related field preferred.
• Proven experience in a buyer or procurement specialist role within an organization.
• Strong negotiation skills with the ability to secure beneficial supplier agreements.
• Sound knowledge of purchasing and supply chain management best practices.
• Exceptional analytical skills to evaluate product quality and supplier capabilities.
• Proficiency in using procurement software and Microsoft Office applications.
• Excellent communication and interpersonal skills for managing supplier relationships.
• Ability to work collaboratively in a team and adapt to changing market conditions.
• Strong organizational skills to handle multiple tasks and meet deadlines effectively.
• Familiarity with industry-specific regulations and compliance requirements.