Buyer (225-1014)

The role of a Buyer is essential within any organization that deals with the procurement of goods and services. Buyers are responsible for managing and overseeing the purchasing activities and ensuring that the company's supply chain requirements are met efficiently. This involves researching potential products, negotiating contracts with suppliers, and evaluating quality and cost-effectiveness of goods. A Buyer must have a keen eye for detail and a comprehensive understanding of market trends and economic factors that can influence pricing. In addition, the position requires strong analytical skills to assess inventory needs, supplier capabilities, and shipment logistics. Communication skills are crucial as buyers interact with suppliers, managers, and production teams to align purchasing strategies with business objectives.

Responsibilities

• Research and evaluate potential suppliers to determine suitability and capacity.
• Negotiate prices and contract terms with suppliers and vendors strategically.
• Analyze market trends to make informed purchasing decisions regularly.
• Coordinate with internal departments to align purchasing with production schedules.
• Monitor inventory levels and order products to maintain stock adequacy.
• Oversee quality assurance processes for received goods and report issues.
• Develop and maintain healthy supplier relationships to ensure reliability.
• Prepare and process purchase orders and other purchasing documentation.
• Ensure compliance with organizational and industry purchasing policies and procedures.
• Conduct cost analysis and set appropriate benchmarks for product pricing.
• Manage budgets and report on deviations and expenditure effectively.
• Continuously assess supplier performance and take corrective actions if needed.

Requirements

• Bachelor’s degree in Business, Supply Chain Management, or related field.
• Proven experience as a Buyer or in a similar procurement role.
• Exceptional negotiation and communication skills with suppliers and colleagues.
• Strong analytical skills to assess market trends and purchasing strategies.
• Familiarity with sourcing and vendor management software systems is preferred.
• Attention to detail and ability to manage multiple tasks under tight deadlines.
• Expertise in developing and maintaining beneficial supplier relationships.