Sourcing Specialist Miladys

Mr Price Group; Durban; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A prominent retailer seeks a Sourcing Specialist to enhance procurement processes and manage supplier relationships effectively. This role involves sourcing quality merchandise at competitive costs, monitoring supplier performance, and exploring innovative vendor solutions. The ideal candidate will possess a relevant degree and have sourcing experience in the retail sector, particularly in footwear and accessories.

Qualifications

• 2-3 years sourcing or buying experience, ideally in Footwear, Accessories, or Intimate wear.
• Knowledge of fabric technology and raw materials.
• Ability to negotiate preferred payment terms with suppliers.

Responsibilities

• Monitor and analyze key metrics to measure supplier performance.
• Procure merchandise at optimal total cost without compromising quality.
• Build strategic supplier relationships and identify new partnerships.

Skills

Negotiation Skills

Corporate Social Responsibility

Sustainable Practices

Education

Degree in Procurement, Sourcing or Clothing Management

Tools

MS Office (Excel)

Job description

To ensure the provision of world- class sourcing of merchandise and suppliers to support the merchandise strategy and eliminate unnecessary cost thereby delivering best value to delight our customers.

Responsibilities

- Monitor and analyse key metrics across the sourcing value chain in order to measure supplier performance and highlight potential risks to the business

- Participate in developing and implementing a short and long term Resource strategy to support the business strategy and merchandise direction

- Build strategic supplier relationships and identify new partnerships for long term sustainability. Research and provide new vendor solutions in line with business requirements in order to contribute to the Company's profitability. Research new supplier territories in order to ensure that we are sourcing competitively. Assist and guide new suppliers in understanding of our requirements, policies and procedures

- Procure merchandise at the optimal total cost of ownership (TCO) without compromising on quality and timelines, through negotiation, volume bundling and fabric optimisation. Re-engineer product for lower costs where necessary while still maintaining required standards. Negotiate preferred payment terms with suppliers

- Oversee the critical path management up to handover to forwarder date in order to ensure on time delivery of merchandise and correct product execution. Work closely with the Sourcing Coordinator on finding proactive solutions to mitigate any delivery delay impact on the business. Partner with respective merchants in reacting to the trading environment in order to maximise sales

- Identify new product, technologies and materials in the global market and how they could be adapted for the local market in order to remain relevant and to maximise additional profitability opportunities

Qualifications

- A completed degree or diploma preferably in Procurement, Sourcing or Clothing Management

- 2-3 years sourcing or buying experience, preferably in Footwear, Accessories or Intimate wear

- MS office (Excel)

- Negotiation Skills

- Knowledge and understanding of: Corporate Social Responsibility; Sustainable practices; fabric technology; raw materials and manufacturing

Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.