Purchasing Manager

TN United Kingdom; Poole; On-site; GBP 35,000 - 55,000; Full time

Job summary

An established industry player is seeking a Purchasing Manager to optimize inventory levels and manage supplier relationships. This role involves analyzing sales data, forecasting demand, and negotiating pricing to ensure timely stock delivery. The ideal candidate will have a strong analytical background, proficiency in Microsoft Excel, and at least three years of experience in purchasing. Join this dynamic team and contribute to the success of a fast-growing collectible company that collaborates with globally recognized brands. Enjoy a flexible working environment and generous benefits, including private healthcare and a solid pension plan.

Benefits

25 days annual leave

Generous pension contributions

Private healthcare

Flexible working arrangements

Qualifications

• 3+ years of experience in purchasing or similar roles.
• Strong analytical skills and proficiency in Microsoft Excel.

Responsibilities

• Manage product purchasing and maintain optimal inventory levels.
• Approve purchase orders and coordinate with suppliers for timely delivery.

Skills

Purchasing experience

Analytical skills

Microsoft Excel

Attention to detail

Commercial awareness

Supplier negotiation

Line management

Education

GCSE Grade B or above in Maths

Tools

Microsoft Excel

Job description

Job Title: Purchasing Manager

Location: Poole, United Kingdom

Company Overview

Koin Limited is the UK’s fastest growing collectable company, specializing in coins and commemoratives for a diverse range of collectors and fan bases. We operate through our B2C arm, The Koin Club, and B2B arm, Koin Wholesale. We proudly partner with globally recognized brands such as Disney, Star Wars, and Elf on the Shelf to design and produce officially licensed collectible products, available as one-off items and monthly subscriptions.

Role Overview

The Purchasing Manager is responsible for maintaining optimal inventory levels by analyzing sales data and forecasting demand accurately. This role requires confidence with numbers and data, experience in raising purchase orders for new SKUs and replenishment stock, and a good understanding of working with external suppliers and managing the purchasing aspects of the supply chain.

Core Responsibilities

• Manage all product purchasing for The Koin Club, ensuring optimal inventory levels
• Approve purchase orders and coordinate with external suppliers to ensure timely stock delivery
• Collaborate with suppliers on new products and expanding product ranges
• Negotiate pricing and minimum order quantities (MoQs)
• Work with Marketing and Sales to gather forecast requirements for new items
• Use sales data to forecast stock replenishment needs accurately
• Identify slow-moving stock and coordinate with sales channels
• Manage discontinued lines
• Report on KPIs related to inventory and stock levels
• Manage stock levels across multiple locations and warehouses
• Oversee subscription stock management

Key Skills and Experience

• Minimum 3 years of experience in purchasing or a similar role
• Line management experience (1 direct report)
• Strong analytical skills with a GCSE Grade B or above in Maths
• Proficiency in Microsoft Excel
• Meticulous attention to detail
• Highly organized
• Good commercial awareness
• Confident in dealing with suppliers
• Understanding of subscription models (desirable)
• Experience managing multiple warehouses (preferred)

Salary and Benefits

Salary: DOE

Benefits include:

• 25 days annual leave
• Generous pension contributions
• Private healthcare
• Flexible working arrangements