Senior Sourcing Specialist: Knit and Knitwear Jet at The Foschini Group

The Foschini Group; Parow; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A leading retail company in South Africa is seeking a Buyer/Sourcing Specialist to enhance operational profitability and market share in knitwear. The role involves strategic vendor management, sourcing strategies, and collaboration with stakeholders to achieve supply chain objectives. Ideal candidates will have a relevant diploma and extensive experience in the field, along with strong negotiation and analytical skills.

Qualifications

• At least 5+ years of experience as a Buyer or Sourcing Specialist.
• Experience in knit and knitwear product development is essential.

Responsibilities

• Ensure synergistic financial benefits across key commodities.
• Develop and implement global sourcing strategies.
• Manage vendor base for sustainable sourcing.

Skills

Planning

Negotiation

Analytical

Communication

Problem Solving

Education

Relevant Diploma

Tools

Excel

Word

Job description

Package & Remuneration

JOB DESCRIPTION

Key Responsibilities:

1. The purpose of the role is to ensure synergistic financial benefits across the key commodities within the portfolio.
2. Support purchasing/product strategies to achieve improved operational profitability, lead time, OTIF, sell-through, quality, and cost for Jet.
3. Strategically position the brand to increase market share in knit and knitwear commodities by engaging effectively with all key stakeholders.
4. Manage the vendor base (local, regional, import) to ensure sustainable and compliant sourcing.
5. Monitor supplier performance and capabilities, implementing remedial plans for underperformers.
6. Collaborate with the local vendors task force to ensure Jet's success and growth in market share and sales.
7. Align product development with cost requirements.
8. Develop and implement global sourcing strategies and business partnerships, focusing on growth in local sourcing and reducing exposure to China and Southeast Asia.
9. Map sourcing footprint to manage risks and enhance operational efficiency.
10. Manage lean supply chains and track key cost drivers like fabric and components.
11. Consolidate group requirements to offset inflationary pressures while meeting individual brand needs.
12. Pre-select and approve international and local suppliers, managing vendor matrices.
13. Identify key opportunities with buying teams and implement strategies aligned with brand requirements.
14. Achieve key supply chain objectives such as leveraging group scale, increasing stock efficiencies, and optimizing margins.
15. Assess suppliers objectively for sourcing decisions and ensure alignment with buying strategies.
16. Manage critical paths and orders effectively.

Qualifications and Experience:

• A relevant diploma.
• At least 5+ years of experience as a Buyer or Sourcing Specialist.
• Experience in knit and knitwear product development is essential.
• Understanding of the clothing retail cycle and buying process.
• Proficiency in computer software (Excel, Word, Email).

Skills:

• Excellent planning, organizational, and interpersonal skills.
• Strong negotiation skills.
• Good analytical skills.
• Understanding of the Quick Response model.
• Time management skills.
• Effective communication skills.
• Judgment and problem-solving abilities.

Behaviours:

• Business insight to drive organizational objectives.
• Effective communication of ideas.
• Courage to confront challenges.
• Accountability in performance.
• Financial acumen for informed decision-making.
• Ability to manage complexity.
• Planning and alignment with organizational goals.
• Resourcefulness in overcoming challenges.

Note: Preference will be given to candidates from designated groups per the Employment Equity Act.

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ABOUT US

Our people are our greatest asset. TFG is a diversified retail portfolio with 34 brands, aiming to inspire customers and create remarkable omnichannel experiences. Join us for growth opportunities and be part of a purpose-led business making a significant industry impact.

ABOUT THE TEAM

At Jet, we prioritize customer focus, agility, and integrity. We aim to be South Africa's most loved value retailer, offering fashion for all. We seek energetic, focused team players who embody our values and drive high performance.