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For Companies At a Glance
- Tasks: Drive profit and cost savings while managing supplier relationships in the healthcare sector.
- Company: Join Boots, a leading retail brand committed to inclusivity and diversity.
- Benefits: Enjoy flexible benefits, retirement plans, and access to 24/7 counselling support.
- Why this job: Make a real impact in healthcare sourcing while developing your career in a supportive environment.
- Qualifications: Experience in procurement, strong negotiation skills, and excellent time management.
- Other info: Opportunity for international travel and dynamic project involvement.
The predicted salary is between 36000 - 60000 £ per year.
Boots UK Nottingham, England, United Kingdom
Overview
A wonderful opportunity for an experienced Sourcing professional operating at Buyer level to join our Global Sourcing Team within the Boots Brand Sourcing division in Nottingham. The role involves some national and international travel.
About the opportunity
This is an exciting opportunity to support the Buying Manager to deliver an exciting project as we look to move key Boots Brand Healthcare lines to an alternative source whilst ensuring we have a customer offering for the consumer at all times whilst the transfer is taking place. This is an ideal opportunity for a buyer who is looking to stretch themselves with opportunity to manage stakeholders at a more senior levels and take responsibility for managing key areas of work. You will report into a Buying Manager who has a broader area of responsibility who is part of the EU Sourcing Team with responsibility for suppliers operating in that region.
Key responsibilities
- Developing our own label healthcare portfolio.
- Accountable for driving margin for the retailer.
- Support the management of on-going and new vendor relationships and supplier performance.
- Ensure regular supplier meetings take place to set up new relationships for ongoing success and to ensure streams of work remain on track.
- Supports business recommendations through performing the initial research, analysis and providing clear input in the selection of suppliers in collaboration with a cross-functional team.
- Support the development and optimisation of a supply base which enables differentiated New Product Development (NPD)
- Alongside the alternative source project, you will have category projects to manage, working alongside your fellow Buyers in a similar role.
About you
- You will have relevant Sourcing experience developing new goods for retail products and maintaining KPI’s on an established portfolio of products.
- Experience within a retail buying, fast paced environment.
- A strong cross functional player with excellent stakeholder management skills.
- Experience managing negotiations for spend categories >$5m million dollars ideally on a global level.
- Experience implementing category sourcing strategies with a proven track record of delivering exceptional results.
- Knowledge of the strategic sourcing/procurement lifecycle and procurement best practices.
- Strong commercial acumen and negotiator.
- Experience working with Profit & Loss (P&L) concepts, such as revenue, COGS, gross profit margin, operating expenses and cash flow with a view to identifying and delivering profit enhancement opportunities.
- Boots Retirement Savings Plan
- Discretionary annual bonus
- Enhanced maternity/paternity/adoption leave pay and gift card for anyone expecting or adopting a child
- Flexible benefits scheme including option to buy additional holiday, discounted gym membership, life assurance, activity passes and much more.
- Access to free, 24/7 counselling and support through TELUS Health, our Employee Assistance Programme.
Benefits and location
We have a great range of benefits in addition to the above that offer flexibility to suit you – find out more at boots.jobs/rewards. Exclusions may apply, eligible roles only. Please note, any salary estimates given on third-party sites are not provided or endorsed by Boots and may not be accurate.
Why Boots
At Boots, we foster a working environment where consideration and inclusivity help everyone to be themselves and reach their full potential. We are proud to be an equal opportunity employer, passionate about embracing the diversity of our colleagues and providing a positive and inclusive working environment for all. As the heart of everything we do at Boots, with you, we change for the better.
What’s next
Where a role is advertised as full-time, we are open to discussing part-time and job share options during the application process. If you require additional support as part of the application and interview process, we are happy to provide reasonable adjustments to help you to be at your best.
Boots is a Ban the Box employer and will consider the suitability of applicants with criminal convictions on a case-by-case basis.
Seniority level
- Associate
Employment type
- Full-time
Job function
- Purchasing
- Industries
- Retail
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Buyer - Healthcare employer: Boots UK
Contact Detail:
Boots UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Buyer - Healthcare
✨Tip Number 1
Network like a pro! Reach out to your connections in the healthcare and procurement sectors. A friendly chat can lead to insider info about job openings or even a referral, which can give you a leg up in the application process.
✨Tip Number 2
Prepare for interviews by researching Boots and their healthcare initiatives. Show us that you’re not just another candidate; demonstrate your passion for the brand and how your skills align with their goals. Tailor your responses to highlight your experience in managing supplier relationships and driving profit enhancements.
✨Tip Number 3
Practice your negotiation skills! Since you’ll be managing spend categories over $5m, it’s crucial to showcase your ability to negotiate effectively. Role-play scenarios with friends or mentors to build confidence and refine your approach.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, keep an eye on our careers page for any new opportunities that pop up in the healthcare team. We’re always looking for talented individuals like you!
We think you need these skills to ace Buyer - Healthcare
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Buyer role in Healthcare. Highlight your experience in sourcing and procurement, especially any relevant achievements in managing negotiations or supplier relationships. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills align with our needs. Don’t forget to mention any experience with profit enhancement and cost savings – that’s music to our ears!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to highlight your Excel skills and any analytical projects you've worked on. We love seeing how you’ve used data to drive decisions and improve supplier performance.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing candidates who take the initiative to connect with us directly!
How to prepare for a job interview at Boots UK
✨Know Your Numbers
As a Buyer, you'll need to be comfortable with financial metrics. Brush up on your knowledge of Profit & Loss concepts, and be ready to discuss how you've driven profit enhancement in previous roles. Prepare specific examples where you’ve successfully managed budgets or negotiated savings.
✨Showcase Your Negotiation Skills
Since the role involves managing negotiations for significant spend categories, come prepared with examples of past negotiations. Highlight your strategies, outcomes, and any challenges you overcame. This will demonstrate your capability to handle high-stakes discussions effectively.
✨Understand the Supply Chain
Familiarise yourself with the strategic sourcing lifecycle and procurement best practices. Be ready to discuss how you’ve optimised supplier relationships and contributed to New Product Development. Showing that you understand the bigger picture will impress your interviewers.
✨Be a Team Player
The role requires excellent stakeholder management skills. Prepare to talk about how you've collaborated with cross-functional teams in the past. Share specific instances where your teamwork led to successful outcomes, as this will highlight your ability to work well within the EU Sourcing Team.
