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- Tasks: Lead product sourcing and negotiations to enhance our Food & Drink range.
- Company: Join a dynamic retail team focused on delivering exceptional value to customers.
- Benefits: Enjoy a supportive work environment with opportunities for career growth.
- Why this job: Make a significant impact in a fast-paced setting while managing a £40 million turnover.
- Qualifications: Proven experience as a Senior Buyer, especially in Food & Drink retail.
- Other info: This role offers substantial responsibility and autonomy in decision-making.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking an experienced and driven Senior Buyer to join our team, playing a pivotal role in shaping our Food & Drink assortment and driving exceptional value for our customers. With responsibility for managing two direct reports, this is a fantastic opportunity to make a significant impact in a fast-paced retail environment.
Key Responsibilities:
- Identify and address gaps in our product range by sourcing new products aligned with our value-focused unique selling proposition (USP).
- Lead negotiations with major brands and direct suppliers to secure the best pricing and maximise profit margins.
- Manage the implementation of Service Level Agreements (SLAs) and trading terms with suppliers to enhance efficiency and build strong relationships.
- Improve supplier payment terms to enhance cash flow and support business growth.
- Secure clearance and residual stock deals to drive margin growth and improve profitability.
- Develop direct relationships with major brands, while sourcing clearance products from European and UK traders.
- Lead the creation of seasonal product assortments to maintain competitiveness within the market.
- Continuously monitor competitor pricing and trends to ensure our position remains strong.
- Drive promotional funding to support in-store placements and promotional strategies.
- Enhance Order Delivery Rates (ORD) and negotiate better rebate terms to boost supplier contributions.
- Collaborate with cross-functional teams to launch new products and optimise inventory management.
- Effectively manage stock levels, reducing shrinkage while ensuring availability of key products.
- Streamline purchasing processes to improve efficiency and reduce stock cover at distribution centres.
What We're Looking For:
- Proven experience as a Senior Buyer, ideally within the value retail sector, with a focus on Food & Drink.
- Strong negotiation skills with a proven track record of securing profitable deals.
- Excellent commercial acumen with the ability to build direct relationships with major brands and suppliers.
- The ability to work independently and make data-driven decisions in a fast-paced, high-pressure environment.
- Strong analytical skills and an eye for detail, coupled with a solid understanding of market dynamics.
- A proactive and solutions-focused approach to identifying and solving problems.
Why Join Us?
- A chance to manage a £40 million turnover with substantial responsibility and autonomy.
- Opportunity to shape the future of our Food & Drink range and drive profitability.
- A supportive and dynamic work environment with opportunities for career progression.
If you're a driven, strategic, and experienced Senior Buyer ready to make a tangible impact, apply today to take your career to the next level with us!
Senior Buyer employer: Zachary Daniels Recruitment
Contact Detail:
Zachary Daniels Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Buyer
✨Tip Number 1
Familiarise yourself with the latest trends in the Food & Drink sector. Understanding current market dynamics and consumer preferences will help you demonstrate your expertise during interviews and discussions.
✨Tip Number 2
Network with professionals in the retail and buying sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the Senior Buyer position.
✨Tip Number 3
Prepare specific examples of successful negotiations you've led in the past. Being able to articulate your achievements in securing profitable deals will showcase your negotiation skills effectively.
✨Tip Number 4
Research StudySmarter's values and unique selling propositions. Tailoring your approach to align with our mission will demonstrate your commitment and understanding of what we stand for as a company.
We think you need these skills to ace Senior Buyer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in buying, particularly within the Food & Drink sector. Emphasise your negotiation skills and any successful deals you've secured.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the company's unique selling proposition (USP) and how your experience aligns with their needs. Mention specific examples of how you've driven profitability in previous roles.
Highlight Key Achievements: In your application, focus on quantifiable achievements, such as percentage increases in profit margins or successful product launches. This will demonstrate your impact in previous positions.
Showcase Analytical Skills: Given the importance of data-driven decisions in this role, include examples of how you've used analytical skills to inform purchasing decisions or improve supplier relationships.
How to prepare for a job interview at Zachary Daniels Recruitment
✨Showcase Your Negotiation Skills
As a Senior Buyer, strong negotiation skills are crucial. Prepare examples of past negotiations where you secured profitable deals, highlighting your strategies and outcomes.
✨Demonstrate Commercial Acumen
Be ready to discuss your understanding of market dynamics and how you've applied this knowledge in previous roles. This will show your ability to make data-driven decisions that align with the company's goals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Think of scenarios where you've identified gaps in product ranges or improved supplier relationships, and be prepared to explain your approach.
✨Research Competitors and Trends
Familiarise yourself with current trends in the Food & Drink sector and the competitive landscape. Being able to discuss these insights during the interview will demonstrate your proactive approach and industry knowledge.
