Junior Buyer

Al-Futtaim; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

An established industry player is seeking a skilled Buyer to lead strategic purchasing initiatives and manage a dynamic buying team. In this pivotal role, you will set yearly budgets, develop merchandise strategies, and ensure that pricing and promotions align with financial goals. Your expertise in procurement processes, supplier relationship management, and analytical skills will be essential in driving the success of buying categories. Join a forward-thinking company that values innovation and teamwork, and make a significant impact on its growth and market presence. If you thrive in a fast-paced environment and are passionate about merchandise management, this opportunity is perfect for you.

Qualifications

• 2-3 years merchandising experience required.
• Strong understanding of procurement processes and inventory management.

Responsibilities

• Set yearly buying budgets and develop merchandise strategies.
• Manage and coach the buying team to meet financial objectives.

Skills

Strategic planning

Analytical skills

Negotiating skills

Communication skills

Leadership skills

Organizational skills

Education

BBA in Business Management or Buying

Tools

SAP

Job description

Roles and responsibilities

• With the Buying Manager (BM) set the yearly buying budgets for all assigned categories. Develop the overall strategy and merchandise direction in support of the total company direction.
• Direct buyers to develop assortments that support the needs of the customer and the financial objectives. Work with the buyers to strengthen market relationships and knowledge of market trends, competitor’s strengths and weaknesses.
• Ensure that pricing, promotional strategies, and marketing support the financial objectives of buying categories.
• Work with the Operations Manager, Visual Merchandising Manager & Logistics Manager to develop by-store assortment plans that support the overall strategy of in-stock positioning for key merchandise categories, classifications, items, and vendors.
• Work with internal teams (Marketing Manager/ Visual Merchandising Manager/ Store Manager/ Accounts Department), supporting services (Warehouse, Logistics) to promote timely communication and cooperation between stores and resources on various business activities/developments (promotions, sale planning, and store openings).
• Manage, coach, and develop the buying team.

Required Skills To Be Successful

• Strategic planning and analytical skills. Influencing and negotiating skills.
• Highly organized and ability to adapt to quickly changing priorities.
• Strong communication skills, confident decision maker, leadership skills, and strategic thinker. Ability to lead, develop, and motivate.

What Equips You For The Role

• Education: BBA (Business Management or Buying) - SAP Knowledge is essential.
• Minimum Experience and Knowledge: Minimum 2-3 years merchandising experience.
• Knowledge of the local market – preferable.

Desired candidate profile

1. Understanding of Procurement Processes:

• Purchasing Procedures: Knowledge of the procurement process, including order placement, supplier negotiation, and vendor management.
• Inventory Management: Ensuring proper levels of inventory are maintained to meet operational needs while avoiding overstocking or stockouts.
• Order Fulfillment: Tracking orders from purchase to delivery, ensuring timely arrival and quality of goods.

2. Supplier Relationship Management:

• Supplier Communication: Maintaining effective communication with suppliers to ensure timely delivery, manage issues like delays, and negotiate favorable terms.
• Vendor Evaluation: Assisting in evaluating suppliers based on price, quality, reliability, and other criteria to ensure the company gets the best value.
• Contract Management: Helping with the administration of supplier contracts, including terms of service, pricing, and delivery schedules.

3. Negotiation Skills:

• Price Negotiation: Assisting in negotiating prices and terms with suppliers to get the best possible deal for the company.
• Discounts and Deals: Working with suppliers to secure discounts, promotions, or bulk buying options to reduce costs.
• Contract Terms: Supporting senior buyers in negotiating favorable contract terms, including delivery timelines, payment terms, and warranties.

4. Analytical and Organizational Skills:

• Data Analysis: Analyzing purchasing data, sales forecasts, and inventory levels to predict demand and make informed buying decisions.
• Budgeting and Cost Management: Monitoring the procurement budget and working within financial constraints to ensure efficient purchasing decisions.
• Product Knowledge: Understanding the products being purchased and ensuring they meet quality and specification standards.

5. Attention to Detail:

• Accuracy: Ensuring that purchase orders, invoices, and contracts are accurate and error-free to prevent issues down the line.
• Quality Control: Verifying that purchased goods meet company standards and specifications before accepting delivery.
• Compliance: Ensuring all procurement processes comply with company policies and any relevant laws or regulations.