Store Buyer

Armstrong Appointments; Hillcrest; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment firm is looking for a replenishment buyer in Hillcrest, KwaZulu-Natal. The role involves managing stock levels, analyzing sales data, and ensuring timely product availability. The ideal candidate should have at least two years of experience, strong analytical skills, and the ability to negotiate with suppliers. This position provides an opportunity to optimize inventory management and collaborate with various teams to meet customer demand.

Qualifications

• Minimum two years’ experience in a replenishment or inventory role.
• Strong analytical skills with experience in sales and inventory analysis.
• Ability to communicate effectively with suppliers and team members.

Responsibilities

• Manage stock levels to ensure product availability.
• Analyze sales data for efficient replenishment.
• Place purchase orders based on replenishment needs.
• Negotiate terms and pricing with suppliers.
• Monitor incoming shipments and adjust orders as necessary.

Skills

Sales analysis

Inventory management

Negotiation

Data analysis

Communication

Team collaboration

Education

Matric

Job description

Main job function

A replenishment buyer is a professional responsible for managing stock levels and ensuring that products are consistently available to meet customer demand. The primary goal of a replenishment buyer is to optimize stock levels, minimize stockouts, and avoid overstock situations.

Duties

• Responsible for Analyzing sales data, inventory levels, and forecasts to determine replenishment needs
• Placing purchase orders with suppliers based on replenishment requirements
• Monitoring inventory levels and adjusting orders as necessary to prevent stockouts and overstock situations
• Negotiating pricing, terms and delivery schedules with suppliers to optimize costs and ensure timely deliveries.
• Collaborating with cross-functional teams including merchandising, logistics and store operations to coordinate replenishment efforts.
• Train & mentor support staff as and when necessary.
• Maintain accurate records of purchases, inventory levels and supplier agreements.
• Analyses product performance and adjust replenish strategies as needed.

Sales Analysis

1. review sales data and trends for each product identify patterns and seasonality in sales to forecast future demand accurately

Inventory Analysis

1. Conduct regular inventory counts to assess current stock levels
2. Identify slow-moving or obsolete inventory and take appropriate action, such as markdowns or returns to suppliers
3. Understand customer needs, buying patterns and predict future trends

Replenishment Planning

1. Based on sales and inventory analysis, determine replenishment needs for each product
2. Calculate order quantities considering lead times, minimum order quantities and safety stock levels

Develop replenishment strategies for each product category, considering sales, forecasts, promotions and seasonality.

Purchase Order Placement

1. Generate purchase orders in the inventory management system based on replenishment needs
2. Ensure accuracy of order details, including product descriptions, quantities, pricing and delivery dates.

Submit purchase orders to suppliers via email or electronic ordering platforms

Supplier communication

1. Maintain regular communication with suppliers to track order status and resolve any issues or delays

Negotiate pricing, terms and delivery schedules to optimize costs and ensure timely deliveries

Order Monitoring & Adjustments

1. Monitor incoming shipments and compare them to purchase orders to verify accuracy.
2. Adjust replenishment orders as needed based on changes in sales forecasts, inventory levels or supplier availability

Record Keeping

1. Maintain accurate records of all purchase orders, receipts and inventory transactions

Update inventory levels in the system promptly to reflect incoming shipments and adjustments

Documentation

1. All purchase orders, receipts and inventory transactions must be documented accurately in the inventory management system.
2. Any adjustments to replenishment plans or orders must be documented with reasons for the change.
3. Records should be kept in a secure and organized manner for easy access and reference.
4. Generate & Present reports as and when required by management
5. Ad-hoc duties given by management

Experience

Minimum two years’ experience

Qualification

Matric