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- Tasks: Lead the buying strategy and manage supplier relationships to boost sales and profitability.
- Company: Join a top national retailer known for its innovative approach in the commercial sector.
- Benefits: Enjoy competitive salary, career development opportunities, and a dynamic work environment.
- Why this job: Be part of a fast-paced team that values creativity and collaboration in retail.
- Qualifications: Experience in Buying or Sourcing within FMCG is essential; strong negotiation skills required.
- Other info: Ideal for those looking to make an impact in a growing brand department.
The predicted salary is between 34000 - 42000 £ per year.
I am currently recruiting for an experienced 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 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.
Sourcing Manager employer: Rise Resourcing
Contact Detail:
Rise Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sourcing Manager
✨Tip Number 1
Familiarise yourself with the latest trends in the FMCG and food sectors. Understanding current market dynamics will not only help you during interviews but also demonstrate your commitment to staying informed about the industry.
✨Tip Number 2
Network with professionals in the sourcing and procurement field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully negotiated cost price increases or reduced COGS in previous roles. Having concrete examples ready will showcase your expertise and problem-solving skills.
✨Tip Number 4
Research the company’s current suppliers and product lines. Being knowledgeable about their existing relationships and offerings will allow you to speak more confidently about how you can contribute to their sourcing strategy.
We think you need these skills to ace Sourcing Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sourcing, procurement, or buying, particularly within the FMCG or food sectors. Use specific examples that demonstrate your ability to drive sales and profitability.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills in negotiation and supplier relationship management align with the responsibilities outlined in the job description.
Highlight Key Achievements: When detailing your previous roles, focus on quantifiable achievements such as cost savings, successful negotiations, or improvements in supplier service levels. This will showcase your impact in previous positions.
Prepare for Potential Questions: Think about how you would answer questions related to your experience in fast-paced environments, your approach to supplier negotiations, and how you analyse sales figures. Being prepared will help you stand out during the interview process.
How to prepare for a job interview at Rise Resourcing
✨Showcase Your Sourcing Expertise
Be prepared to discuss your previous experience in sourcing, particularly within the FMCG or food sectors. Highlight specific examples where you've successfully driven cost reductions or improved supplier relationships.
✨Demonstrate Negotiation Skills
Since negotiation is a key part of the role, come equipped with examples of successful negotiations you've conducted. Discuss your strategies and how they led to positive outcomes for your previous employers.
✨Understand the Business Strategy
Research the company's current buying strategy and be ready to discuss how you can contribute to their goals. Show that you understand the importance of aligning sourcing strategies with overall business objectives.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about challenges you've faced in sourcing and how you overcame them, especially in a fast-paced retail environment.
