At a Glance
- Tasks: Lead wine and spirits procurement, manage supplier relationships, and drive brand activations.
- Company: House of Decant is a dynamic player in the luxury wine and spirits market.
- Benefits: Enjoy a vibrant work culture with opportunities for exclusive brand collaborations and events.
- Why this job: Join a fast-paced team that values innovation and offers a chance to shape a premium portfolio.
- Qualifications: Experience in luxury wine and spirits buying, strong commercial skills, and data-driven decision-making.
- Other info: Ideal for those passionate about trends in the luxury beverage industry.
The predicted salary is between 36000 - 60000 £ per year.
House of Decant is seeking an experienced and commercially minded Buyer to lead our wine and spirits procurement strategy. This role requires a deep understanding of buying, brand activation, and commercialising supplier agreements, ensuring a dynamic and profitable portfolio. The ideal candidate will have strong industry relationships, a keen eye for trends, and the ability to manage stock efficiently, keeping holding levels low while maximising availability.
Key Responsibilities
- Source and negotiate with premium and emerging wine and spirits brands.
- Build strong supplier relationships to secure exclusive allocations and favourable commercial terms.
- Ensure a balanced portfolio that aligns with House of Decant's positioning and customer demand.
- Work closely with marketing and partnerships teams to activate key brands in meaningful ways.
- Secure added-value opportunities within agreements, such as events, content, and co-branded initiatives.
- Identify and leverage trends in the luxury wine and spirits space to drive commercial success.
- Develop a demand-driven approach to stock management, minimising risk and ensuring optimal availability.
- Collaborate with finance and logistics teams to monitor purchasing efficiency and maintain healthy margins.
- Ensure forecasting and buying decisions are data-led, aligning with both retail and on-trade opportunities.
- Maintain an awareness of the fine wine and spirits market, including trends in collectability and appreciation.
- Collaborate with internal stakeholders to identify high-potential bottles or allocations.
Key Skills & Experience
- Proven experience in wine and spirits buying, preferably within luxury distribution.
- Strong commercial acumen with the ability to structure deals that drive margin and sales growth.
- Knowledge of brand-building, activations, and how to leverage supplier partnerships.
- Excellent industry relationships and a track record of securing competitive agreements.
- Data-driven mindset with a focus on stock efficiency and demand planning.
- Comfortable working in a fast-paced environment with a focus on agility and innovation.
Wine and Spirits Buyer employer: Decant Group
Contact Detail:
Decant Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Wine and Spirits Buyer
✨Tip Number 1
Network with industry professionals by attending wine and spirits trade shows, tastings, and events. Building relationships with suppliers and other buyers can give you insights into exclusive allocations and trends that are not widely known.
✨Tip Number 2
Stay updated on the latest trends in the luxury wine and spirits market. Follow relevant publications, blogs, and social media channels to understand what’s hot and what’s not, which will help you make informed buying decisions.
✨Tip Number 3
Develop your negotiation skills by practising with mock scenarios or role-playing with peers. Being able to secure favourable terms with suppliers is crucial for maximising profitability and ensuring a competitive edge.
✨Tip Number 4
Familiarise yourself with data analysis tools that can help you track stock levels and forecast demand. A data-driven approach will not only enhance your decision-making but also demonstrate your capability to manage stock efficiently.
We think you need these skills to ace Wine and Spirits Buyer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in wine and spirits buying, particularly within luxury distribution. Emphasise your commercial acumen and any successful supplier relationships you've built.
Craft a Compelling Cover Letter: In your cover letter, showcase your understanding of the wine and spirits market. Mention specific trends you've identified and how your experience aligns with House of Decant's goals for brand activation and stock management.
Highlight Key Achievements: When detailing your experience, focus on quantifiable achievements. For example, mention how you successfully negotiated exclusive allocations or improved stock efficiency, as these are crucial for the role.
Showcase Industry Knowledge: Demonstrate your awareness of current trends in the luxury wine and spirits market. This could include mentioning specific brands or products that are gaining traction, showing that you are proactive and informed.
How to prepare for a job interview at Decant Group
✨Showcase Your Industry Knowledge
Make sure to demonstrate your understanding of the wine and spirits market during the interview. Discuss current trends, emerging brands, and how they could fit into the company's portfolio. This will show that you are not only knowledgeable but also passionate about the industry.
✨Highlight Your Negotiation Skills
Prepare examples of successful negotiations you've conducted in the past. Be ready to discuss how you secured exclusive allocations or favourable terms with suppliers. This will illustrate your ability to build strong relationships and drive commercial success.
✨Emphasise Data-Driven Decision Making
Since the role requires a data-driven mindset, be prepared to talk about how you've used data to inform your buying decisions. Share specific instances where your analysis led to improved stock management or increased margins.
✨Demonstrate Your Collaborative Spirit
This position involves working closely with marketing and finance teams, so highlight your experience in cross-functional collaboration. Discuss how you've partnered with other departments to activate brands or optimise stock levels, showcasing your ability to work effectively in a team.