Assistant Buyer

2 days ago

Johannesburg, South Africa Nesbitt Consulting Full time

**Assistant Buyer Responsibilities**:

- Carry out the procurement function across oils and fats commodities under the mandates and guidance of the department head.
- Writing, placing, and tracking purchase orders.
- Ensuring products are purchased at the right time, to specification and at a good price.
- Negotiating with vendors and building positive, long-term relationships.
- Researching new suppliers and making recommendations to the buyer.
- Maintain proper record keeping of weighted average cost per commodity after excluding forward sales using the FIFO method.
- Regularly interrogate costing schedules to ensure correct bombs are being applied for correct margin management.

**Supporting the buyer**:
*Monitor and manage the on-going trading performance of the category, ensuring we plan and forecast rigorously, to allow us to deliver our revenue, margin, profit and market share ambitions.
*Drive procurement benefits through developing supplier partnerships and buying alliances.
*Lead the charge on delivering ESG (Environment & social governance) targets—packaging, product, science based targets and emissions data for all partners
*Deliver innovation across the categories.
*Monitor and manage the customer experience measures, ensuring tactical interventions are implemented where appropriate.
*Work with the channel and operational teams to ensure we are maximising the trading opportunities available

**Assistant Buyer Requirements**:
Degree in BCOM Accounting ,business, economics or related field preferred.

Exposure to the oils and fats industry, including commodity hedging/price setting, is ideal

Multi year track record in commodity trading

Previous experience in the manufacturing or retail industry is a plus.

Excellent interpersonal, communication and negotiation skills.

Strong analytical and organizational skills.

Significant experience in bottom line profitability analysis with a strong understanding of financial principles.

Experience with merchandising software systems is a plus.

**Hedging & forex trading experience**

**KPI**

Procurement at the right price at the right place at the right time

**Margin management**

**Hedging strategies**

Building relationships with internal and external stakeholders

**Salary**: R40,000.00 - R60,000.00 per month

Ability to commute/relocate:

- Johannesburg, Gauteng: Reliably commute or planning to relocate before starting work (preferred)

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