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Product Acquisition Specialist
Job summary
A leading foodservice company in Dubai is seeking a motivated Product Acquisition Specialist. The role involves driving sales and profitability through supplier engagement, negotiation, and collaboration. Candidates should have ecommerce experience and be adept at relationship management to succeed in a dynamic environment.
Qualifications
- 2-3 years of ecommerce experience in the UAE.
- Proficient in supplier negotiations and relationship management.
- Strong understanding of market trends and analysis.
Responsibilities
- Identify and onboard new suppliers to enhance product offerings.
- Evaluate supplier quality and negotiation outcomes.
- Collaborate with various departments to align strategies.
- Monitor and analyze performance metrics for suppliers.
Skills
Education
Bidfood ME is one of the leading foodservice companies in the UAE and Middle East, looking for a motivated and enthusiastic myBidfood Acquisition Specialist. The primary purpose of the role is to drive the sales and profitability of myBidfood by identifying, engaging, and onboarding complimentary local supplier, in line with the categories which are available in the portfolio which ensuring a long-term relationship.
- Track the number of potential suppliers identified.
- Evaluate the quality of leads based on relevance to business needs.
- Build Relationships
- Record the number of meetings/calls with potential suppliers.
- Gather satisfaction ratings from suppliers to gauge relationship strength.
- Conduct Negotiations
- Measure the number of agreements reached with suppliers.
- Assess the value of agreements in terms of volume, pricing, profitability, etc.
- Monitor the time taken for the onboarding process.
- Track the completion rate of the onboarding process for suppliers.
- Collaborate with Cross-Functional Teams
- Record the frequency of communication with internal teams.
- Evaluate alignment of strategies and objectives across departments.
- Monitor Performance
- Analyze supplier performance metrics like fill rate and order accuracy.
- Gather customer feedback on supplier performance.
- Stay Updated
- Assess knowledge of industry trends and competitor activities.
- Identify new opportunities and potential suppliers through market analysis.
- Measure Profitability
- Calculate profit margin on products sourced from new suppliers in line with company strategy.
- Track cost savings achieved through supplier negotiations.
- Ecommerce experience (Implementations/marketing/integrations)
- 2-3 years in the UAE
- University Degree, Masters preferred in Ecommerce or business administration.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.