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For Companies At a Glance
- Tasks: Manage category strategy, supplier relationships, pricing, and promotional activities.
- Company: Join a dynamic retail and wholesale business focused on growth and innovation.
- Benefits: Enjoy a competitive salary, professional development, and a supportive work culture.
- Why this job: Make a real impact in a collaborative environment while developing your career.
- Qualifications: Experience in retail buying, strong negotiation skills, and a proven track record in category management.
- Other info: Salary up to £60,000 based on experience; ideal for those ready for a new challenge.
The predicted salary is between 43200 - 72000 £ per year.
This diverse retail and wholesale business is looking to recruit a Trading / Buying specialist who will manage all aspects of Category Management including sourcing and managing suppliers, ranging, pricing, running the promotional calendar as well as securing income from suppliers for marketing and media support.
About the role
You will have full accountability for setting the budget and the delivery of sales in your assigned category, which will include managing margins to optimise bottom line profit. You will work closely with your supply base to produce Joint Business Plans (JBPs), and then use these to create, implement and execute the category strategy. You will negotiate with suppliers to gain income to support media promotions and instore initiatives and you will be responsible for decisions on range and price in line with broader business objectives.
About the Person
This would suit someone with a retail or wholesale Buying background who has strong experience of buying FMCG products, whether it be food and drink or non-food ranges including health and beauty, household grocery, pet products and stationery. You must be able to build relationships internally and externally using effective influencing skills, and you will be a strong and effective negotiator. A proven track record of success in the creation and execution of category strategy and promotional plans is essential.
What you’ll get in return
The position comes with a broad salary range that is very much dependent on the experience you have (up to £60,000). You will have the opportunity to work in an autonomous, collaborative and supportive work culture where you can make a real impact, with opportunities for professional development in a growing business.
What to do now
If you believe you have the background, skills and experience outlined above, and are ready for a new challenge where you can make a genuine difference, please apply now with an up-to-date copy of your CV.
Trading Manager employer: Rise Resourcing
Contact Detail:
Rise Resourcing Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trading Manager
✨Tip Number 1
Familiarise yourself with the latest trends in FMCG products, especially in the categories relevant to the role. This knowledge will not only help you during interviews but also demonstrate your passion and commitment to the industry.
✨Tip Number 2
Network with professionals in the retail and wholesale sectors. Attend industry events or join online forums where you can connect with others who have experience in category management and buying. These connections could provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare specific examples of your past successes in category strategy and promotional planning. Be ready to discuss how you’ve managed supplier relationships and negotiated deals that benefited your previous employers, as this will showcase your relevant experience.
✨Tip Number 4
Research the company’s current product range and promotional strategies. Understanding their business model and objectives will allow you to tailor your discussions during the interview, showing that you’re proactive and genuinely interested in contributing to their success.
We think you need these skills to ace Trading Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in category management, supplier negotiation, and FMCG buying. Use specific examples that demonstrate your success in these areas.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with Joint Business Plans and how you have successfully managed budgets and sales in previous roles.
Highlight Negotiation Skills: In both your CV and cover letter, emphasise your negotiation skills. Provide examples of how you've secured income from suppliers or improved margins through effective negotiations.
Showcase Relationship Building: Demonstrate your ability to build relationships internally and externally. Include examples of how you've influenced stakeholders or collaborated with teams to achieve business objectives.
How to prepare for a job interview at Rise Resourcing
✨Know Your Numbers
As a Trading Manager, you'll be expected to manage budgets and sales figures. Brush up on your financial acumen and be prepared to discuss how you've successfully managed margins and optimised profits in previous roles.
✨Demonstrate Negotiation Skills
Negotiation is key in this role. Prepare examples of past negotiations with suppliers that resulted in favourable outcomes. Highlight your strategies and the impact they had on the business.
✨Showcase Category Strategy Experience
Be ready to talk about your experience in creating and executing category strategies. Discuss specific promotional plans you've implemented and the results achieved, as this will demonstrate your capability in driving sales.
✨Build Relationships
Effective relationship-building is crucial for this position. Prepare to share examples of how you've successfully collaborated with internal teams and external suppliers to achieve common goals.
