Buyer

Client of Talentmate

A Buyer plays a crucial role in the supply chain and retail sectors, responsible for selecting and purchasing the substantive items necessary for organizations to sell or use in their operations. This role demands one to be adept at evaluating the market conditions, negotiating deals, and selecting products that align with the company's needs and budget constraints. The Buyer must possess exceptional analytical and decision-making skills, a keen sense for spotting trends, and a deep understanding of industry standards. Moreover, building and maintaining strong relationships with suppliers is fundamental to secure the best product quality and pricing. A career as a Buyer can be highly rewarding for those who enjoy strategic thinking and have a passion for ensuring the inventory meets the market demand while adhering to cost-effective strategies.

Responsibilities

• Identify and evaluate prospective suppliers based on price, quality, and service standards.
• Negotiate contracts and secure profitable deals with suppliers and vendors.
• Analyze market trends to forecast future needs and adjust purchasing strategies accordingly.
• Ensure timely delivery of purchased items and resolve any supply-related issues.
• Develop and maintain strong relationships with new and existing suppliers.
• Manage procurement records and documents for audit and taxation purposes.
• Collaborate with the operations team to understand their purchasing needs.
• Monitor inventory levels and order products as necessary to prevent shortages.
• Prepare and present detailed reports on buying activities and expenses.
• Work closely with quality control to ensure all products meet standard requirements.
• Conduct product assessments and comparisons for optimal sourcing decisions.
• Ensure all purchases are in compliance with company policies and standards.

Requirements

• Proven experience as a Buyer or in a similar procurement role.
• Strong negotiation skills and experience in contract management.
• Excellent analytical skills with proficiency in data analysis software.
• Thorough understanding of the supply chain, inventory, and demand forecasting.
• Exceptional communication and relationship-building skills with suppliers.
• Ability to manage multiple priorities in a fast-paced environment effectively.
• Degree in Business Administration, Supply Chain Management, or a related field.