Commercial - Buyer (for Spinneys)

1 week ago

Manila, National Capital Region, Philippines Ayala Corporation Full time ₱400,000 - ₱800,000 per year

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.

  • Negotiation & Vendor Management:

  • 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.

  • Inventory & Financial Management:

  • 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.

  • Collaboration & Communication:

  • 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.

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