Overview
The FMCG Buyer is responsible for the strategic sourcing, negotiation, and procurement of goods from both local and international suppliers. This role requires a deep understanding of market dynamics, supplier relationship management, and international trade compliance. The Buyer works closely with Business Development, Marketing, Finance, Logistics, and Compliance teams to ensure timely, cost-effective, and compliant procurement of goods that meet business needs across various global markets.
Key Responsibilities
Strategic Sourcing and Procurement
- Develop and implement procurement strategies tailored to specific international and domestic markets.
- Source and evaluate suppliers based on price, quality, reliability, and capacity.
- Negotiate favourable trading terms (contracts, pricing, payment terms, and rebate agreements).
- Stay informed on market trends, competitor products, and price movements to ensure best value for the business.
Supplier and Vendor Management
- Build and maintain strong relationships with new and existing suppliers.
- Conduct regular performance reviews and monthly meetings with strategic vendors.
- Onboard new suppliers, ensuring full documentation (COAs, ISO, Halal/Kosher certifications, etc.) is collected and managed.
- Actively build and support smaller suppliers to grow their capability and capacity.
Cross-functional Collaboration
- Liaise with Business Development Managers (BDMs), Export Controllers (ECs), and Marketing to align on product, supplier, brand, SKU, strategy, with market requirements.
- Collaborate on catalogues, POS material, and promotional planning for export markets.
- Assist with forecasts and ensure alignment between procurement planning and business development initiatives.
- Work closely with Purchasing team for supply chain.
Risk and Compliance
- Ensure all procurement activities comply with company policies and international trade laws.
- Work with the compliance team to maintain up-to-date documentation and mitigate risks.
- Address and resolve any supplier performance issues and manage procurement-related risks such as FX, supply disruptions, or political instability.
Cost Management and Reporting
- Track and analyse procurement costs and identify opportunities for cost optimization.
- Support finance with claims processing and pricing-related reconciliations.
- Prepare procurement reports, purchasing, supplier performance reviews, budgets, forecasting and cost-saving initiatives.
Daily Activities and Task Management
- Maintain and update product listings and delisting’s.
- Handle new product innovations, discontinuations, and catalogue requests.
- Manage internal queries from Business Development Manager and Export Coordinators.
- Review and approve price lists and Distribution Centre pricing.
- Upload pricing, documents, and maintain supplier data.
- Participate in internal meetings and maintain detailed meeting minutes.
Experience
- +5 years proven experience in FMCG procurement.
- Experienced in international procurement.
- Strong negotiation skills.
- Excellent communication abilities.
- Required Software Proficiencies: Knowledge of at least one major ERP and advanced Excel.
Education
- Matric and BCom (Bachelor of Commerce) with majors in Purchasing, Supply Chain, or Economics or similar.
Operational
This role requires periodic domestic travel.
Key Competencies
- Strategic thinking, commercial acumen, market awareness.
- Supplier relationship management. Cross-functional collaboration.
- Time management. Ability to manage multiple priorities and work under pressure.
- Risk management. Strong analytical and problem-solving skills.
- Attention to detail.