Senior Buying Specialist

Virgin Megastore MENA; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading retail company in Dubai is seeking a Senior Buying Specialist to handle strategic purchasing, negotiate contracts with suppliers, and manage product selection. The ideal candidate will have 4-6 years of experience and a Bachelor's degree in a related field, alongside fluency in English; proficiency in Arabic and Microsoft Office is a plus.

Qualifications

• Four to six years of experience in a similar role.

Responsibilities

• Formulate purchasing strategy based on market conditions.
• Negotiate agreements and contracts with suppliers.
• Manage delivery and payment of purchase orders.
• Coordinate advertising materials and ensure merchandising compliance.
• Identify new international labels and brands.

Skills

Fluency in English

Fluency in Arabic

Proficiency in Microsoft Office

Proficiency in Elvis

Education

Bachelor’s degree in a related field

Job description

JOB PURPOSE

The Senior Buying Specialist is responsible for purchasing products for his/her department, ensuring the acquisition of items at the most favorable commercial terms and the best achievable prices.

RESPONSIBILITIES

• Contribute to the formulation of a comprehensive purchasing strategy, making informed decisions based on market conditions, product lifecycle, price fluctuations, availability, and competition's business practices.
• Negotiate agreements and contracts with suppliers, covering aspects such as product selling price, profit margins, returns to vendors, marketing contributions, exclusivity periods, defective policy, and after-sales service.
• Develop routine reports, schedules, agreements, proposals, summaries, and letters as required.
• Assist with stakeholder engagement to cultivate long-term, mutually beneficial partnerships with suppliers. Solicit feedback to drive continuous improvement initiatives.
• Manage the delivery and payment of purchase orders, tracks delayed orders, and oversees payment reports.
• Support and coordinate the necessary advertising materials and display units to ensure proper merchandising and compliance with established standards.
• Propose and organize events, prepare promotions, sales, and special collections, while coordinating with the marketing department and suppliers to strengthen and enhance brand sales.
• Identify and cultivate new international labels and brands to innovate and expand product selection.
• Perform supervisory responsibilities such as planning and delegating tasks, establishing deadlines, monitoring outcomes and quality, conducting training, and communicating team needs to upper management.

QAULIFICATIONS

• Fluency in English, Arabic is a plus
• Proficiency in Microsoft Office, Proficiency in Elvis is a plus.
• Bachelor’s degree in a related field.
• Four to six years of experience in a similar role.