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- Tasks: Lead the buying strategy for own brand grocery products and manage supplier relationships.
- Company: Join a top national retailer known for its innovative approach in the grocery sector.
- Benefits: Enjoy competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Be part of a team that drives growth and innovation in a fast-paced retail market.
- Qualifications: Experience in buying or sourcing within FMCG is essential; strong negotiation skills required.
- Other info: This role is based in North London and offers a chance to shape product offerings.
The predicted salary is between 36000 - 60000 £ per year.
Up to £50,000 DOE North London
I am currently recruiting for an experienced Buyer / Sourcing Manager to join a leading national retailer within their Commercial team in the central office in North London.
You will be responsible for driving the Buying strategy to ensure the growth in both sales & profitability while maintaining a strategic business focus to ensure continued development within the own brand buying department.
As a Sourcing Manager some of your duties will include:
- Take full end to end ownership of the commercial & sourcing strategy for the cost of goods sold (COGS) for own brand categories.
- Building & maintaining strong relationships with suppliers.
- Understand key cost drivers (and impacts) within your category and continuously identify opportunities for improvement.
- Full responsibility of negotiation of cost price increases and ensuring timelines are communicated throughout the process.
- Continue to work collaboratively with current suppliers on reducing COGS and expand the range opportunities.
- Maintain outstanding levels of supplier service and work seamlessly with internal departments to resolve any issues promptly.
- Always seeking new suppliers to deliver a stronger commercial offer than current suppliers, or to supply new / alternate products and categories to the business.
- Analysing sales figures to plan successful future lines with the own brand team.
- Working closely with the new product development teams to maintain quality levels within products.
- Presenting reports, figures and trend information to the Senior Management team.
Key requirements for the role:
- Proven previous Buying / Procurement / Sourcing experience within a fast-moving FMCG / Food environment.
- Ability to influence and negotiate effectively.
- Able to adapt swiftly in a fast paced, ever changing retail market.
- Excellent communication skills and the ability to liaise effectively at all levels.
- Excellent understanding of all MS Office products.
If you think you have the right experience and are looking for a new opportunity to develop your career with a leading national retailer, then get in touch and apply today.
Buyer - Own Label Grocery employer: Rise Resourcing
Contact Detail:
Rise Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Buyer - Own Label Grocery
✨Tip Number 1
Familiarise yourself with the latest trends in the grocery sector, especially regarding own label products. This knowledge will not only help you during interviews but also demonstrate your passion and commitment to the role.
✨Tip Number 2
Network with professionals in the FMCG industry, particularly those involved in buying and sourcing. Attend relevant events or join online forums to build connections that could provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully negotiated cost price increases or reduced COGS in previous roles. Real-life scenarios can showcase your skills and make you a more attractive candidate.
✨Tip Number 4
Research the company’s current own label products and identify areas for potential improvement or expansion. Presenting these ideas during your interview can set you apart and show your proactive approach to the role.
We think you need these skills to ace Buyer - Own Label Grocery
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in buying, procurement, or sourcing within the FMCG or food sectors. Use specific examples that demonstrate your ability to negotiate and influence effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your previous successes in driving buying strategies and how you can contribute to the growth of their own brand categories.
Highlight Key Skills: In your application, emphasise your excellent communication skills and your ability to work collaboratively with suppliers and internal teams. Mention your proficiency in MS Office products, as this is crucial for the role.
Showcase Analytical Abilities: Include examples of how you've analysed sales figures to plan successful product lines in the past. This will demonstrate your capability to contribute to the company's future success in the own brand department.
How to prepare for a job interview at Rise Resourcing
✨Showcase Your Buying Experience
Make sure to highlight your previous experience in buying or sourcing, especially within the FMCG or food sectors. Be prepared to discuss specific examples of how you've driven sales and profitability in past roles.
✨Demonstrate Negotiation Skills
Since negotiation is a key part of the role, come ready with examples of successful negotiations you've conducted. Discuss the strategies you used and the outcomes achieved to showcase your effectiveness.
✨Understand Cost Drivers
Familiarise yourself with the key cost drivers in the grocery sector. Be ready to discuss how you have identified opportunities for cost improvements in your previous roles and how you plan to apply that knowledge in this position.
✨Prepare for Collaboration Questions
As the role requires working closely with suppliers and internal teams, prepare to answer questions about your collaborative experiences. Think of instances where you resolved issues or improved supplier relationships and be ready to share those stories.
