At a Glance
- Tasks: Support purchasing activities, cost forecasting, and vendor analysis to optimise pricing.
- Company: Join Fanatics Collectibles, a leader in the collectibles industry with a dynamic team.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work environment.
- Other info: Ideal for analytical thinkers who thrive in a fast-paced environment.
- Why this job: Make a real impact on cost efficiencies and contribute to exciting projects.
- Qualifications: Degree in relevant field and 4+ years of experience in purchasing or financial analysis.
The predicted salary is between 40000 - 50000 £ per year.
Fanatics Collectibles is seeking a Purchasing Associate who plays a key role in improving Topps’ overall cost and pricing activities. This position is expected to support all areas of purchasing including:
- Cost estimating/forecasting
- Analyzing vendor quotations
- Managing raw material inventory
- PO and invoicing process
Responsibilities:
- Lead cost estimation analysis to Brand Managers and Finance based on historical cost and cost matrix established with vendors
- Maintain final manufacturing cost for all projects
- Provide RFQ process support and analysis to the Pre-production and Production leadership teams
- Track spend by supplier and categories
- Raw material inventory management to minimise wastage/maximise usage
- Strong link to the finance function to ensure accurate recording of all cost-based information in the accounting records and forecasting process
- Identify opportunities to improve cost efficiencies by working with suppliers, comparing SKUs across suppliers and recommending reconfigurations of product/packaging
Skills and Experience Required:
- Bachelor or associate degree in Economics, Business Administration, Finance, Engineering or other relevant degree required
- 4+ years of experience in planning, purchasing or financial analysis
- Experience with an ERP system preferred
- Hands-on experience managing purchasing or forecasting in a previous role
- Strong team player, with analytical mindset and the ability to work independently
- Strong computer skills, including proficiency in Microsoft Excel, Word and Outlook required
- Previous professional experience with printing industry or consumer goods are a plus
The above list of job duties is not exclusive or exhaustive and the post holder will be required to undertake such tasks as may reasonably be expected within the scope and grading of the post. Subject to applicable laws, Fanatics Collectibles may choose to run a background check.
Purchasing & Cost Forecasting Specialist in Milton Keynes employer: Dormont Manufacturing Co
Fanatics Collectibles is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for a Purchasing & Cost Forecasting Specialist. With a strong emphasis on employee growth and development, the company offers comprehensive training and advancement opportunities, alongside competitive benefits. Located in a vibrant industry, employees enjoy the unique advantage of working with leading brands while contributing to meaningful projects that drive cost efficiencies and enhance product offerings.
StudySmarter Expert Advice🤫
We think this is how you could land Purchasing & Cost Forecasting Specialist in Milton Keynes
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Fanatics Collectibles. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by researching the company and its products. Knowing about Topps and their cost forecasting strategies will show you're genuinely interested and ready to contribute from day one.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want you to sound confident and authentic, so don’t just memorise – understand what you’re saying!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Purchasing & Cost Forecasting Specialist in Milton Keynes
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in purchasing, cost forecasting, and financial analysis. We want to see how your background aligns with the role, so don’t be shy about showcasing your skills!
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 experience can benefit us at Fanatics Collectibles. Keep it concise but impactful!
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to mention any specific tools or methods you’ve used in the past. We love seeing examples of how you’ve improved cost efficiencies or managed inventory!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Dormont Manufacturing Co
✨Know Your Numbers
As a Purchasing & Cost Forecasting Specialist, you'll be dealing with costs and pricing. Brush up on your financial analysis skills and be ready to discuss how you've managed budgets or improved cost efficiencies in the past. Use specific examples to showcase your analytical mindset.
✨Familiarise Yourself with ERP Systems
Since experience with an ERP system is preferred, make sure you understand the basics of how these systems work. If you've used one before, be prepared to talk about your experience and how it helped streamline purchasing or forecasting processes.
✨Showcase Your Team Spirit
This role requires strong collaboration with various teams. Think of examples where you've successfully worked as part of a team, especially in cross-functional settings. Highlight your ability to communicate effectively and support others in achieving common goals.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific situations, like managing raw material inventory or analysing vendor quotations. Practice articulating your thought process and decision-making strategies, as this will demonstrate your problem-solving skills and readiness for the role.
