Assistant Buyer 18O25

As an Assistant Buyer, you play a crucial role in aiding the buying department of a company. Your main objective is to ensure that the buying processes run smoothly and efficiently. You assist in managing inventory levels, sourcing products, negotiating with suppliers, and ensuring that the quality and pricing of products meet company standards. In this role, you will collaborate closely with various stakeholders, including suppliers, finance teams, and the sales department, to make data-driven purchasing decisions. Strong analytical skills, attention to detail, and an ability to thrive in a fast-paced environment are essential. This position offers an excellent opportunity for growth and development within the retail or wholesale industry.

Responsibilities

• Assist in the sourcing and procurement of products in alignment with company needs.
• Collaborate with suppliers to negotiate contracts, prices, and payment terms effectively.
• Monitor market trends and present findings to optimize buying strategies accordingly.
• Manage inventory levels by assessing stock and forecasting future demand accurately.
• Coordinate with the logistics team to ensure timely delivery of purchased goods.
• Maintain and update vendor databases while ensuring compliance with company policies.
• Prepare reports on purchasing activities and financial analyses for management review.
• Review and recommend potential suppliers based on quality, service, and cost parameters.
• Support the Buyer in developing purchasing plans and setting category objectives.
• Attend industry conferences and trade shows to discover new products and services.
• Assist in the resolution of invoice discrepancies and other procurement-related issues.
• Liaise with the marketing team to align purchasing activities with promotional calendars.

Requirements

• Bachelor's degree in Business, Supply Chain Management, or a related field preferred.
• At least two years of experience in purchasing or a similar role required.
• Demonstrated ability to analyze market trends and consumer buying patterns.
• Strong negotiation skills with a proven track record of achieving cost savings.
• Excellent communication and interpersonal skills for effective supplier relations.
• Proficiency in Microsoft Office Suite and purchasing software applications.
• Ability to multitask, prioritize duties, and work under pressure independently.