Commercial - Buyer (for Spinneys)

2 weeks ago

Metro Manila Philippines Ayala Corporation Full time

3 days ago Be among the first 25 applicants Spinneys, UAE’s leading premium food retailer, is looking for a team player, with a 'can-do' attitude, an eye for detail and able to apply their skills in a prompt & practical manner as BUYER. Key Responsibilities Product Selection & Sourcing: Identify and research new product opportunities, market trends, and consumer demands within assigned categories. Source new suppliers and manufacturers globally, ensuring adherence to quality, ethical, and sustainability standards. Attend trade shows, exhibitions, and supplier meetings to identify innovative products and build strong vendor relationships. Evaluate product samples, specifications, and pricing to determine suitability for the target market. Develop and maintain a diverse and appealing product assortment that meets customer needs and company objectives. Lead negotiations with suppliers on pricing, payment terms, delivery schedules, minimum order quantities, and exclusivity agreements to secure the best possible terms for the company. Build and maintain strong, collaborative relationships with key suppliers. Monitor supplier performance, ensuring adherence to agreed-upon terms and quality standards. Resolve any supplier-related issues, such as quality discrepancies or delivery delays. Develop and manage buying budgets, ensuring adherence to financial targets and profitability goals. Forecast sales and demand for assigned products, working closely with planning and supply chain teams to optimize inventory levels. Monitor stock levels, identify slow-moving or overstocked items, and implement strategies for clearance or markdown. Analyze sales data, market trends, and competitor activities to make informed buying decisions and adjust strategies as needed. Manage product lifecycle from introduction to discontinuation. Work cross-functionally with Merchandising, Marketing, Operations, E-commerce, and Store Operations teams to ensure successful product launches and promotions. Provide product knowledge and training to sales and store staff. Communicate effectively with internal stakeholders regarding product performance, market insights, and buying strategies. Participate in merchandising meetings and contribute to overall category strategy development. Required Experience and Qualifications Bachelor's degree in Business, Marketing or a related field. Minimum of 3 years of experience as a Buyer Assistant, or in a similar commercial role within a retail environment. Proven track record of successful product selection, negotiation, and achieving sales/profit targets. Strong understanding of retail operations, supply chain management, and inventory control. Excellent negotiation, analytical, and problem-solving skills. Proficiency in data analysis and experience with retail management software (e.g., ERP systems, inventory management platforms). Exceptional communication, interpersonal, and presentation skills. Ability to work independently and as part of a team in a fast-paced, dynamic environment. Strong organizational skills and attention to detail. Willingness to travel as required for supplier visits and trade shows. Passion for retail and a genuine interest in product development and trends. Commercially astute with a strong business acumen. Proactive and results oriented. Adaptable and able to respond quickly to changing market conditions. Creative thinker with an innovative approach to product sourcing. #J-18808-Ljbffr

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