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Purchasing Manager
Job summary
A leading collectable company in Poole is seeking a Purchasing Manager to oversee product purchasing and supply chain management. Responsibilities include managing inventory levels, liaising with suppliers, and using data to forecast demand. The ideal candidate has at least 3 years of purchasing experience and strong analytical skills. Benefits include 25 days annual leave and private healthcare.
Benefits
Qualifications
- Minimum 3 years experience in a purchasing role or similar.
- Line management experience with at least 1 direct report.
- Proficient in using Microsoft Excel for data analysis.
Responsibilities
- Manage all product purchasing for The Koin Club.
- Approve purchase orders and liaise with external suppliers.
- Negotiate pricing and manage stock levels.
Skills
Education
Koin Limited is the UK’s fastest growing collectable company, selling coins and commemoratives to a wide range of collectors and fan bases through its B2C arm, The Koin Club and to selected Partners through its B2B arm, Koin Wholesale. Koin are proud to partner with some of the world’s most recognisable brands such as Disney, Star Wars and Elf on the Shelf to design, develop and create officially licensed collectable products to enjoy as both one-off items and as monthly subscriptions.
The Purchasing Manager is responsible for ensuring optimum inventory levels by analysing sales data and accurately forecasting demand. They will be confident at working with numbers and data plus experienced in raising purchase orders for both new SKUs and replenishment stock. They will have a good understanding of working with external suppliers and managing the purchasing side of the supply chain.
- Full management of all product purchasing for The Koin Club, ensuring optimum inventory levels at all times
- Approving purchase orders and dealing with external suppliers to ensure stock is delivered in time
- Liaising with external suppliers on new products and information to expand product ranges
- Negotiating with pricing and MoQs
- Working with Marketing and Sales to gather forecast requirements for ordering new items
- Use sales data to accurately forecast ongoing stock replenishment requirements
- Identifying slow moving / sell through needed and flag with relevant sales channels
- Discontinued line management
- Reporting of KPIs for inventory / stock holding
- Management of stock levels across multiple locations / warehouses
- Subscription stock management
- At least 3 years of experience working in a purchasing role or similar
- Line management (1 direct report)
- Great at analysing data and numbers (Grade B in Maths or above at GCSE)
- Proficient at Microsoft Excel
- Meticulous attention to detail
- Highly organised
- Good commercial awareness
- Confident in dealing with suppliers
- Understanding of subscriptions desirable but not essential
- Experience with dealing with multiple warehouses preferred
Salary: DoE
Location: Poole HQ (BH12 4NZ)
- 25 days annual leave
- Generous pension contributions
- Private healthcare
- Flexible working
* 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.