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- Tasks: Lead product development and sourcing strategies for drinks, ensuring growth in sales and profitability.
- Company: Join a top national retailer known for its innovative approach in the FMCG sector.
- Benefits: Enjoy competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Be part of a collaborative team driving impactful product innovations in a fast-paced market.
- Qualifications: Experience in buying or sourcing within FMCG is essential; strong negotiation skills required.
- Other info: Opportunity to work closely with suppliers and internal teams to enhance product offerings.
The predicted salary is between 34000 - 50000 £ per year.
I'm currently recruiting for an experienced Product Developer / 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. Some of your duties will include:
- Take full end to end ownership of the commercial & sourcing strategy for the COGS for own brand categories within BWS and Soft Beverages.
- 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.
- Experience with NPD essential.
- 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.
Product Developer - Drinks employer: Rise Resourcing
Contact Detail:
Rise Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Developer - Drinks
✨Tip Number 1
Familiarise yourself with the latest trends in the drinks industry. Understanding current consumer preferences and emerging flavours can give you an edge during interviews, showing your passion and knowledge about the market.
✨Tip Number 2
Network with professionals in the FMCG sector, especially those involved in product development and sourcing. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully negotiated with suppliers or improved cost efficiencies in previous roles. Real-life scenarios will demonstrate your capability and experience effectively.
✨Tip Number 4
Research StudySmarter and our values thoroughly. Being able to articulate how your personal goals align with our mission can make a strong impression during the interview process.
We think you need these skills to ace Product Developer - Drinks
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in product development, sourcing, and procurement within the FMCG sector. Use specific examples that demonstrate your ability to drive buying strategies and negotiate effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the drinks industry and your understanding of the role. Mention how your previous experiences align with the responsibilities outlined in the job description, particularly in managing supplier relationships and reducing costs.
Highlight Key Skills: Emphasise your skills in negotiation, communication, and data analysis. Provide examples of how you've successfully influenced decisions or improved processes in past roles, especially in fast-paced environments.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a role that involves presenting reports and liaising with senior management.
How to prepare for a job interview at Rise Resourcing
✨Showcase Your Experience
Be prepared to discuss your previous roles in Buying, Procurement, or Sourcing, especially within the FMCG sector. Highlight specific examples where you successfully negotiated cost price increases or improved supplier relationships.
✨Understand the Market
Research the current trends in the drinks market, particularly in BWS and Soft Beverages. Being able to discuss recent developments or innovations will demonstrate your passion and knowledge about the industry.
✨Demonstrate Analytical Skills
Prepare to talk about how you've used data analysis to inform product development or sourcing strategies. Bring examples of how you've analysed sales figures to plan successful future lines.
✨Communicate Effectively
Since excellent communication skills are crucial for this role, practice articulating your thoughts clearly. Be ready to explain how you've liaised with various stakeholders, including suppliers and internal teams, to resolve issues promptly.
