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senior buyer

28 days ago 2024/11/22
Full Time Employee
100-499 Employees · Textile & Apparel Production

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Job Description

  • You will collaborate closely with cross-functional teams, such as inventory management, production, and sales, to ensure that the procurement process aligns with overall business objectives and customer demands.
  • Buyers are expected to stay informed about industry trends, regulations, and best practices in procurement to make informed decisions and enhance the company's competitiveness and profitability.
  • As a Buyer, your main duty involves acquiring products and services while ensuring they align with the company's standards and cost objectives.
  • As a Buyer, you'll regularly evaluate inventory, monitor demand trends, and use data analysis to fine-tune stock levels and reduce inventory costs.
  • Managing inventory is a key aspect of the Buyer role, involving the constant analysis of stock levels, demand forecasting, and data-driven strategies to minimize carrying costs.
  • Your duty as a Buyer includes ongoing inventory analysis, demand forecasting, and data-driven adjustments to maintain optimal stock levels and minimize inventory expenses.

Skills

  • Strong Negotiation Skills: A skilled buyer possesses the ability to negotiate effectively with suppliers to secure favorable terms, pricing, and conditions for the procurement of goods or services.
  • Buyers are expected to be diligent researchers, staying informed about market trends and competitor offerings.
  • The ability to analyze market data and competitor strategies is crucial for buyers when making informed procurement decisions.
  • Effective negotiation skills are essential for buyers to obtain the most favorable terms, pricing, and conditions.
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Nile Stock
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Founded in 1999 Nile Stock is the leading apparel retail outlet stores in the Egyptian market and operates 13 stores in Cairo, Alex and Mansoura. Nile Stock is primarily engaged in sourcing out of season, overstocked items, leftovers (not defected merchandise) and discounted merchandise without comprising the brand name from local producers and large brand retail stores.

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