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Buyer
1 month ago
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RESPONSIBILITIES
Procurement Strategy:
- Develop and implement procurement strategies to ensure a consistent supply of high-quality building materials at competitive prices.
Supplier Management:
- Identify, evaluate, and manage relationships with suppliers. Negotiate contracts and terms to secure the best deals.
Market Analysis:
- Conduct market research to stay informed about industry trends, pricing, and new products. Use this information to make informed purchasing decisions.
Inventory Management:
- Monitor inventory levels to ensure optimal stock levels. Work closely with the warehouse and logistics teams to manage stock flow.
Cost Control:
- Manage budgets and ensure cost-effective purchasing practices. Identify opportunities for cost savings and efficiency improvements.
Quality Assurance:
- Ensure all purchased products meet the companys quality standards. Address any issues with suppliers promptly.
Understanding Needs:
- Work closely with our associated companies to understand their specific needs, ensuring they receive the right products, at the right time, and in the right place.
Team Collaboration:
- Collaborate with other departments, including sales, operations, and finance, to align procurement activities with business goals.
Reporting:
- Prepare and present regular reports on procurement activities, supplier performance, and market conditions to senior management.
Team Development:
- Guide and develop junior buyers, providing mentorship and support to enhance their skills and align their efforts with procurement objectives.
Process Improvement:
- Formalise and oversee a process for periodic product/merchandise range and supplier reviews to ensure alignment with market trends and business needs
Open-to-Buy Management:
- Monitor and manage Open-to-Buy (OTB) budgets to align purchasing decisions with financial and inventory goals. Collaborate with internal teams to ensure proper OTB planning and execution.
REQUIREMENTS
- Minimum of 5 years of experience in a procurement role, preferably within the building supplies or construction industry.
- Bachelors degree in Supply Chain Management, Business Administration, or a related field.
SKILLS
- Strong negotiation, communication, and analytical skills. Proficiency in procurement software and Microsoft Office Suite.
- In-depth understanding of the building supplies market and industry trends.
- Strategic thinker, detail-oriented, and able to work under pressure. Strong problem-solving skills and the ability to make decisions quickly.
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