Buying Manager
2 weeks ago
My client is looking for anoutstanding Head of Buying to lead their team in the MiddleEast.
• Manage highquality product buying
. • Influence& challenge OTB creation, managing how to spend OTB.• Analyze & interpret sales figures to make goodbusiness decisions.
• Takeresponsibility for gross margin, stock turn & sell thru.• Actively participate in buys, product selection,& quantifying orders.
• Presentthe buys to CEO.
• Work closely withmarketing, vm & store teams, supply chain &e-commerce • Demonstrate awareness of trends, globalmarket trends & competitors.
•Own supplier relationshipcommunication
• Actively negotiate withsuppliers on stock swaps, RTVs, markdowncontribution.
- DevelopPurchasing Strategy: Create and implement acomprehensive buying strategy aligned with the company'sgoals and marketdemands.
- SupplierSelection: Identify and evaluate potentialsuppliers, negotiating contracts to secure the bestdeals.
- InventoryOversight: Monitor inventory levels and coordinatewith warehousing to ensure timelyreplenishment.
- PerformanceTracking: Track and analyze purchasing performance,adjusting strategies based on datainsights.
- TeamLeadership: Manage and develop the buying team,setting objectives and conducting performanceevaluations.
- Cross-FunctionalCollaboration: Collaborate with other departments(e.g., marketing, finance, operations) to align procurementactivities with overall businessobjectives.
- RiskManagement: Assess potential risks in the supplychain and develop contingency plans to mitigatethem.
- MarketResearch: Stay informed about market trends,pricing, and new product developments to inform buyingdecisions.
- Reporting:Prepare reports on purchasing activities, supplier performance, andmarket conditions for senior management.
Desired candidate profile
The Head of Buying oversees thepurchasing strategy and operations for an organization, ensuringthat products are procured effectively and efficiently. This roleis critical in managing supplier relationships, optimizinginventory, and aligning buying practices with the overall businessstrategy. Here are the key skills and responsibilities associatedwith thisposition:
Skills
StrategicSourcing: Expertise in developing and implementingsourcing strategies to maximize cost savings andquality.
Negotiation:Strong negotiation skills to secure favorable terms and pricingfromsuppliers.
MarketAnalysis: Ability to analyze market trends and datato make informed purchasingdecisions.
VendorManagement: Proficiency in building and maintainingstrong relationships with suppliers andvendors.
InventoryManagement: Understanding of inventory managementprinciples to ensure optimal stock levels and minimizewaste.
AnalyticalSkills: Strong analytical skills to assesspurchasing data, performance metrics, and supplierperformance.
Budgeting:Experience in managing budgets and financial planning related toprocurement.
Leadership:Ability to lead and mentor a buying team, fostering a collaborativeand high-performanceculture.
Communication:Excellent communication skills for coordinating withcross-functional teams and presenting to seniormanagement.
Problem-Solving:Strong problem-solving abilities to address challenges in sourcingand supply chainmanagement.
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