Portfolio Procurement has been engaged by our leading Essex based client to recruit for a Power Tools Buyer.
Main Purpose of the Job
Working as a key member of the Buying team you will be responsible for all aspects of the buying function and administration for the Power Tools product range to support the Head of Power Tools in creating the buying strategy, achieving, and maximising opportunities for sales, profits, and margin. Taking responsibility for the sales and profit performance of a high turnover product category while, sourcing and developing new and existing product ranges.
Job Duties & Responsibilities
To be responsible for the construction and maintenance of the buying matrices for all new and current suppliers for within the relevant category.
To research new brands and products negotiating the best prices, promotions, and rebate packages to maintain competitive position within the marketplace, ensuring margin targets are achieved.
To attend trade shows and conferences both in the UK and abroad, actively taking the lead in supplier meetings as required.
To be responsible for placing, forecasting, and scheduling purchase orders, considering stock holding, sales and promotional activities, warehouse capacity and lead times.
To manage and report on current products to ensure maximising performance, taking appropriate action to address ineffective or underperforming lines.
Upload information to the system ensuring accuracy and resolving queries.
Establish strong relationships with new and existing suppliers ensuring effective communication channels are created and queries and issues are resolved efficiently.
Work alongside the buying and marketing teams with the creation and the maintenance of supplier matrices and the gathering of information and images for buying and marketing.
To assist the Head of Power Tools with the creation and delivery of the buying strategy by analysing market trends, competitor activity and seeking opportunities for new products and innovations.
To provide advice and guidance to the team in managing individual product ranges to assist them in maximising sales and profits across the department.
To support and assist the Head of Power Tools with the training and developing of new members of the team when required, acting as mentor to others with their development and with internal procedures and buying practices.
To assist with the introduction of new and efficient buying practices to improve current systems of work.
Ensure compliance with all company policies and procedures and adherence to statutory Health & Safety requirements.
Skills and Experience required:
Experience with in a retail or online industry is essential
A minimum of 2 years' experience purchasing/buying power tool products.
A commercial awareness and understanding of buying budgets, forecasts, and margins
Must be confident, motivated, and able to work independently
Must have a pleasant, helpful, and optimistic attitude and ability to form strong working relationships across a variety of business functions.
Must have a high level of accuracy and attention to detail.
Ability to work as a valuable team member actively supporting others and having a flexible can-do attitude.
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