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Head of Product Sourcing
1 week ago
Saflin Consulting (Pty) Ltd is seeking an experienced retail buyer to lead our Durban office. The ideal candidate will have a proven track record of managing large-scale purchasing operations and driving business growth.
Main Responsibilities- Develop and implement strategic buying plans aligned with company objectives and market trends.
- Lead a team of buyers and category managers, providing guidance and fostering a culture of excellence.
- Conduct thorough market research to identify emerging trends, consumer preferences, and competitive insights.
- Negotiate favorable terms and agreements with suppliers to ensure competitive pricing and optimal product quality.
- Analyze sales data, forecasting demand, and adjusting purchasing strategies to maximize profitability and minimize excess inventory.
- Cross-functional collaboration with merchandising, marketing, and finance teams to execute integrated business strategies.
- Regularly review key performance indicators (KPIs) and report on buying performance, highlighting areas for improvement.
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field. MBA preferred.
- Minimum of 8 years of progressive experience in retail buying, with at least 3 years in a leadership role.
- Proven track record of successfully managing large-scale purchasing operations and driving business growth.
- Strong analytical skills with the ability to interpret complex data and make data-driven decisions.
- Excellent negotiation and communication skills, with the ability to build and maintain effective relationships.
- Strategic mindset with a keen eye for identifying market opportunities and optimizing product assortments.
- Proficiency in Microsoft Excel, ERP systems, and other relevant software applications.
- Demonstrated leadership abilities, including team management, coaching, and performance evaluation.