Buyer for Supermarket

Key Responsibilities:

• Procurement & Sourcing:
• Manage the end-to-end procurement process for both food and non-food categories.
• Identify and source new products based on market trends and customer preferences.
• Negotiate favorable terms and pricing with suppliers to ensure competitive pricing.
• Vendor & Supplier Management:
• Establish and maintain strong relationships with local and international suppliers.
• Monitor supplier performance to ensure compliance with quality, delivery schedules, and contractual agreements.
• Conduct regular reviews with suppliers to ensure product availability and resolve issues.
• Category & Inventory Management:
• Develop and implement category plans for food and non-food products, aligning with business goals and market trends.
• Optimize stock levels through effective demand forecasting, ordering, and stock replenishment strategies.
• Analyze product performance, adjust buying strategies accordingly, and manage stock turn to avoid overstock or shortages.
• Market & Trend Analysis:
• Conduct market research to stay updated with current trends in both food and non-food sectors.
• Assess competitor activity to inform pricing strategies and identify opportunities for new product introductions.
• Work with the marketing and merchandising teams to develop promotions, pricing strategies, and in-store displays.
• Cost & Budget Management:
• Ensure budget adherence while managing cost efficiency in product procurement.
• Maximize profit margins by evaluating product cost and optimizing procurement costs through strategic buying.
• Manage pricing strategies for the supermarket’s competitive edge.
• Cross-Functional Collaboration:
• Collaborate with the merchandising, operations, and finance teams to drive effective category management.
• Work with logistics teams to ensure smooth inbound deliveries and stock distribution across stores.