At a Glance
- Tasks: Lead sourcing and negotiate deals for top-quality products.
- Company: Dynamic company focused on commercial success and supplier relationships.
- Benefits: Competitive salary, flexible working hours, and growth opportunities.
- Other info: Fast-paced environment with plenty of room for career advancement.
- Why this job: Make a real impact by securing the best products and driving business success.
- Qualifications: Strong negotiation skills and a keen commercial mindset.
The predicted salary is between 40000 - 50000 € per year.
The Buyer & Commercial Negotiator leads sourcing and procurement for key product categories, ensuring the business secures high-quality products at the best possible terms. This role is vital in achieving commercial goals, managing supplier relationships, and optimising inventory flow. The ideal candidate is commercially sharp, confident, and negotiation-savvy.
Key Responsibilities
- Negotiate pricing, payment terms, and service agreements with vendors.
- Build strong supplier relationships and evaluate performance regularly.
- Ensure reliable supply and alignment with business requirements.
- Procurement Planning
- Forecast stock needs based on sales trends, seasonality, and promotions.
- Prevent overstocking or stockouts through timely ordering.
- Monitor lead times and vendor reliability.
- Stay informed about market trends, competitor prices, and emerging opportunities.
- Recommend pricing adjustments and margin strategies.
- Identify high-margin or private-label categories for growth.
- Maintain procurement KPIs: cost savings, delivery accuracy, supplier performance.
- Analyse product velocity and recommend adjustments to order cycles.
- Ensure products meet quality, price, and compliance standards.
- Provide commercial insights to the finance and commercial teams.
- Maintain accurate procurement records and supplier files.
- Report monthly on procurement performance and strategic wins.
Buyer & Commercial Negotiator employer: Isaac Wholesale
As a Buyer & Commercial Negotiator with us, you will thrive in a dynamic work culture that values innovation and collaboration. We offer competitive benefits, including professional development opportunities to enhance your skills and advance your career, all while working in a vibrant location that fosters creativity and growth. Join our team and be part of a company that prioritises employee well-being and encourages meaningful contributions to our commercial success.
StudySmarter Expert Advice🤫
We think this is how you could land Buyer & Commercial Negotiator
✨Tip Number 1
Network like a pro! Reach out to industry contacts and attend relevant events. Building relationships can open doors to opportunities that aren’t even advertised.
✨Tip Number 2
Practice your negotiation skills! Role-play with friends or use online resources to sharpen your tactics. Being confident in negotiations is key for a Buyer & Commercial Negotiator.
✨Tip Number 3
Stay updated on market trends! Follow industry news and competitor pricing to show you’re informed during interviews. This knowledge can set you apart from other candidates.
✨Tip Number 4
Apply through our website! We make it easy for you to showcase your skills and experience directly. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace Buyer & Commercial Negotiator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in sourcing and procurement. We want to see how you've negotiated deals and built supplier relationships, so don’t hold back on those details!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your commercial savvy and negotiation skills. Tell us why you’re the perfect fit for the Buyer & Commercial Negotiator role.
Showcase Your Analytical Skills:Since this role involves monitoring KPIs and analysing product velocity, make sure to mention any relevant experience you have with data analysis or forecasting. We love candidates who can think critically!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining the StudySmarter team!
How to prepare for a job interview at Isaac Wholesale
✨Know Your Numbers
As a Buyer & Commercial Negotiator, you'll need to demonstrate your understanding of procurement metrics. Brush up on key performance indicators like cost savings and delivery accuracy. Be ready to discuss how you've used these metrics in past roles to drive success.
✨Showcase Your Negotiation Skills
Prepare examples of successful negotiations you've led. Highlight specific strategies you employed to secure better terms or pricing. This will show your confidence and negotiation-savvy nature, which is crucial for the role.
✨Understand Market Trends
Stay informed about current market trends and competitor pricing. Bring insights to the interview about how these factors could impact the company's procurement strategy. This shows you're proactive and commercially sharp, aligning with what they're looking for.
✨Build Rapport with Interviewers
Supplier relationships are key in this role, so demonstrate your ability to build rapport during the interview. Engage with your interviewers, ask insightful questions, and show genuine interest in their experiences. This will reflect your capability to foster strong supplier relationships.
