Procurement Buyer – FMCG in Watford

Quest Search and Selection provided pay range

This range is provided by Quest Search and Selection. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

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Quest Search & Selection is hiring a Procurement Buyer within FMCG. This role is to drive agreed COGS reductions and boost supplier service levels + availability. We’re looking for someone who can seamlessly manage both strategic projects and day-to-day operations in a fast-paced environment.

This business is a leading B2B supplier & retailer here you will be part of a large international organisation with a highly influential marketing power with sustainable and progressive financial results.

Role & Responsibilities of this Procurement Buyer – FMCG role

• Develop and execute the sourcing strategy for designated categories, assessing both current and potential products, suppliers, and supply chains.
• Maintain a strong understanding of cost drivers and overall market dynamics, including competitor activity and commodity trends.
• Lead negotiations on cost price increases, ensuring timely communication and keeping all stakeholders informed throughout the process.
• Create and manage plans to reduce cost of goods sold across the existing range.
• Partner closely with suppliers to identify cost of goods reductions and range development opportunities.
• Ensure a resilient and sustainable supply base by conducting SWOT analyses and implementing action plans to strengthen supplier performance, mitigate risks, and capitalise on opportunities.
• Source and onboard new suppliers who can offer improved commercial value or support new product and category development.
• Collaborate with category team and suppliers, to identify and drive volume opportunities that support improved buying outcomes

Qualification Required for this Procurement Buyer – FMCG role

• Ideally having experience in own-label buying, purchasing, procurement & supplier management
• That you would at an Buyer, Senior or management level.
• Have extensive experience within cost optimisation, and performance improvement
• Minimum of 3-5 years + years’ buying experience in a retail or wholesale environment.
• Proven track record in managing cost of goods within own-label categories.
• Hands-on experience with production and supply chain operations,
• Demonstrable experience running tenders that deliver financial and business benefits.
• Excellent negotiation skills, with multiple examples of employing different tactics and approaches to achieve successful outcomes.
• Competence in Microsoft Office, particularly Excel and PowerPoint.

Benefits of this Procurement Buyer – FMCG role

• 25 days of paid annual leave plus bank holidays
• Free on-site gym
• Free car parking

If the Procurement Buyer – FMCG role sounds like you and keen to be considered, please apply today to JO-2511-115316

Seniority level

Associate

Employment type

Full-time

Job function

Purchasing

Industries

• Wholesale
• Wholesale Food and Beverage
• Wholesale Alcoholic Beverages