Buyer

Shoprite; Cape Town; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading retail organization in Cape Town is seeking a Buyer to execute the buying strategy through effective procurement and pricing management. The role involves collaborating with various teams to ensure product availability, competitiveness in pricing, and adherence to market trends. Candidates should possess a degree in a relevant field and experience in sourcing and supplier management in a retail environment. This position is crucial for achieving profitability goals and ensuring customer satisfaction.

Qualifications

• Degree or Diploma in Business, Sales, Marketing, Supply Chain is essential.
• 2 years' experience in a buying role is essential.
• Experience in sourcing and supplier management is essential.

Responsibilities

• Execute buying strategy through planning and procurement.
• Ensure competitive pricing and maintain market leadership.
• Manage selection of lines and pricing points for promotions.
• Source profitable products based on international trends.
• Collaborate with suppliers to ensure stock availability.

Skills

Well-developed understanding of supply chain concepts

Comprehensive understanding of product cost factors

Knowledge of commercial and financial trade-offs

Understanding of the retail value chain

Proficiency in MS Office 365 with advanced Excel skills

Education

Degree or Diploma in Business, Sales, Marketing, Supply Chain

Job description

Purpose of the Job

The purpose of the Buyer role is to execute the buying strategy of the Shoprite Group through the planning, selection and procurement of a range of products within a category that results in the achievement of profitability goals and targets. The Buyer executes all aspects of the buying process for a product category, creating a compelling assortment that meets financial targets and supports brand objectives. The role further ensures sales growth and increase in gross margins by considering market trends and customer demand in terms of price, quality and availability when making purchasing decisions. The Buyer works collaboratively with suppliers, category, marketing and store operations teams to execute the buying strategy, ensuring a consistent customer experience and aligned execution of pricing, promotions, ranging, display and layout.

Job Advert Details Job CategoryMarketing Job Objectives

Product range and line determination

• Ensure first place in the market by maintaining price competitiveness
• Ensure a comprehensive coverage of categories through effective range rationalisation, aligned to strategy and brand logic.
• Maintain effective administration (across all areas)

Product pricing administration

• Maintain competitiveness in cost and selling prices
• Base price objectives on knowledge of market prices, current trends and / or market leaders
• Effectively utilise negotiation to achieve pricing objectives
• Ensure confidentiality is maintained regarding sensitive information

Advertising and promotions management

• Selection of lines and management of price points
• Continuously track competitor pricing
• Ensure availability of stock at suppliers
• Timeously supply information to Marketing
• Resolve stock level issues in stores and distribution centres
• Remain up to date with price movements and shortages in order to proactively advise the distribution centres

International sourcing

• Identify potential gaps and international trends in order to source profitable products
• Manage the end-to-end supply chain process
• Determine merchandising layout that is practical and reflective of consumer patterns

Qualifications

• Degree or Diploma in Business, Sales, Marketing, Supply Chain, or relevant experience – (essential)

Experience

• 2 years’ experience in a buying role, with demonstrable experience executing all aspects of the buying process for a private label and imports products category in a large retail organisation – (essential).
• Demonstrable experience with sourcing and supplier management along with complex vendor / supplier negotiations – (essential).

Knowledge and Skills

• Well-developed understanding of supply chain concepts, processes and systems – (essential).
• Comprehensive understanding of the factors influencing a product’s cost and selling prices – (essential).
• Knowledge of commercial and financial trade-offs in category sales – (essential).
• Understanding of the retail value chain and profitability drivers – (essential).
• Proficiency in MS Office 365 with advanced Excel skills – (essential).