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- Tasks: Lead a dynamic Buying Team to source and negotiate products for a retail powerhouse.
- Company: Join a leading hard goods retailer focused on quality and innovation.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth.
- Why this job: Make an impact by driving strategic initiatives and enhancing supplier relationships.
- Qualifications: Experience in procurement and team management is essential.
- Other info: Expect occasional travel and a fast-paced, engaging workplace.
Role overview : Managing the Buying Team (8 members) in sourcing new products, negotiating optimal terms from new and existing suppliers, and placing orders for a hard goods retailer The role is head office based 5 days per week. Primary Responsibilities and Duties: Department Management: Oversee the daily operations of the Buying department. Lead, mentor, and develop a team of 8 buyers to ensure high performance and professional growth. Establish departmental goals and strategies aligned with company objectives. Sourcing and Procurement: Identify and source new products to meet market demands and expand the product range. Conduct thorough market research to stay updated with industry trends and identify potential suppliers. Evaluate and select suppliers based on quality, cost, reliability, and delivery performance. Build and maintain strong relationships with new and existing suppliers to ensure a reliable supply chain. Contract Review and Negotiation: Review, negotiate, and manage contract terms to secure the best possible conditions for the company. Ensure all agreements comply with legal and company standards. Regularly assess supplier contracts to ensure adherence to agreed terms and conditions. Inventory Management: Develop and implement an inventory management strategy to improve stock accuracy and turnover. Monitor inventory levels to prevent stockouts and excess inventory. Coordinate with warehouse and logistics teams to ensure timely and efficient stock handling. Cost and Quality Control: Ensure cost-effectiveness, quality, reliability, and timely delivery of sourced products. Conduct regular supplier performance evaluations and take corrective actions when necessary. Implement cost-saving measures while maintaining product quality and supplier relationships. Process Improvement: Identify and implement improvements in procurement processes and procedures. Develop and monitor departmental KPIs to measure and enhance performance. Introduce new systems and practices to increase efficiency and effectiveness in the buying process. Strategic Initiatives: Drive strategic cost savings, improve on-time delivery, reduce lead times, and enhance inventory control. Align purchasing strategies with overall business goals and collaborate with senior management. Participate in cross-functional projects to support business growth and operational excellence. Confidentiality and Reporting: Maintain company confidentiality at all times. Generate ad-hoc reports as required by the Director. Report any security breaches or dishonest acts by staff, visitors, or the public to senior personnel. Supplier Relations: Negotiate ongoing optimal terms with new and existing suppliers. Manage the purchase of products, capital, and non-capital lines based on store replenishment needs or sales forecasts. Expedite orders and ensure timely delivery. Optimize stock turnover by ensuring frequent and adequate ordering, and by liaising with suppliers to provide product sales forecasts. Monitor product failure rates and negotiate resolutions with suppliers. Collaborate with suppliers to secure contributions to marketing efforts as needed. Travel and Housekeeping: Occasional travel and overnight stays will be required. Maintain good housekeeping practices in all areas of responsibility.BBBH32537
Purchasing Manager employer: Zachary Daniels Recruitment
Contact Detail:
Zachary Daniels Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Purchasing Manager
✨Tip Number 1
Familiarize yourself with the latest trends in procurement and supply chain management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the purchasing and procurement industry. Attend relevant events or join online forums to connect with others who can provide insights or even referrals for the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed teams and negotiated contracts in the past. Highlighting your leadership and negotiation skills will be crucial in showcasing your fit for this role.
✨Tip Number 4
Research StudySmarter's values and goals, and think about how your experience aligns with them. Being able to articulate this connection during your interview will show that you're a great cultural fit for our team.
We think you need these skills to ace Purchasing Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Purchasing Manager position. Tailor your application to highlight your relevant experience in managing teams, sourcing products, and negotiating contracts.
Highlight Leadership Skills: Since the role involves leading a team of 8 buyers, emphasize your leadership and mentoring experience. Provide specific examples of how you've developed team members and achieved departmental goals in previous roles.
Showcase Procurement Expertise: Demonstrate your knowledge in sourcing and procurement by discussing your experience with market research, supplier evaluation, and contract negotiation. Use metrics or outcomes to illustrate your success in these areas.
Tailor Your CV and Cover Letter: Customize your CV and cover letter to reflect the key skills and experiences mentioned in the job description. Use industry-specific language and ensure that your documents are clear, concise, and free of errors before submitting them through our website.
How to prepare for a job interview at Zachary Daniels Recruitment
✨Showcase Your Leadership Skills
As a Purchasing Manager, you'll be leading a team of 8 buyers. Be prepared to discuss your leadership style and provide examples of how you've successfully mentored and developed team members in the past.
✨Demonstrate Your Negotiation Expertise
Negotiating optimal terms with suppliers is a key part of this role. Share specific instances where you've successfully negotiated contracts or improved supplier relationships, highlighting the outcomes of those negotiations.
✨Highlight Your Market Research Abilities
The job requires thorough market research to identify new products and suppliers. Be ready to talk about your approach to market analysis and how you stay updated on industry trends that impact purchasing decisions.
✨Discuss Process Improvement Initiatives
This role involves identifying and implementing improvements in procurement processes. Prepare to share examples of how you've enhanced efficiency in previous roles, including any KPIs you developed to measure success.
