The purpose of the Buyer role is to execute the buying strategy of the Shoprite Group through the planning, selection and procurement of a range of products within a category that results in the achievement of profitability goals and targets. The Buyer executes all aspects of the buying process for a product category, creating a compelling assortment that meets financial targets and supports brand objectives. The role further ensures sales growth and increase in gross margins by considering market trends and customer demand in terms of price, quality and availability when making purchasing decisions. The Buyer works collaboratively with suppliers, category, marketing and store operations teams to execute the buying strategy, ensuring a consistent customer experience and aligned execution of pricing, promotions, ranging, display and layout.
Job Objectives
Product range and line determination
Ensure first place in the market by maintaining price competitiveness
Ensure a comprehensive coverage of categories through effective range rationalisation, aligned to strategy and brand logic.
Maintain effective administration (across all areas)
Product pricing administration
Maintain competitiveness in cost and selling prices
Base price objectives on knowledge of market prices, current trends and/or market leaders
Effectively utilise negotiation to achieve pricing objectives
Ensure confidentiality is maintained regarding sensitive information
Advertising and promotions management
Selection of lines and management of price points
Continuously track competitor pricing
Ensure availability of stock at suppliers
Timeously supply information to Marketing
Resolve stock level issues in stores and distribution centres
Remain up to date with price movements and shortages in order to proactively advise the distribution centres
International sourcing
Identify potential gaps and international trends in order to source profitable products
Manage the end-to-end supply chain process
Determine merchandising layout that is practical and reflective of consumer patterns
Qualifications
Degree or Diploma in Business, Sales, Marketing, Supply Chain, or a related field
Experience
+2 years' experience in a buying role, with demonstrable experience executing all aspects of the buying process for a private label and imports products category in a large retail organisation
Demonstrable experience with sourcing and supplier management along with complex vendor / supplier negotiations
Knowledge and Skills
Well-developed understanding of supply chain concepts, processes and systems
Comprehensive understanding of the factors influencing a product's cost and selling prices
Knowledge of commercial and financial trade-offs in category sales
Understanding of the retail value chain and profitability drivers
Proficiency in MS Office 365 with advanced Excel skills
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