Extracted automatically from the advert; confirm requirements on the original listing.
Job description
Responsibilities
* Procurement Strategy: Develop and implement procurement strategies to ensure a consistent supply of high-quality building materials at competitive prices.
* Supplier Management: Identify, evaluate, and manage relationships with suppliers. Negotiate contracts and terms to secure the best deals.
* Market Analysis: Conduct market research to stay informed about industry trends, pricing, and new products. Use this information to make informed purchasing decisions.
* Inventory Management: Monitor inventory levels to ensure optimal stock levels. Work closely with the warehouse and logistics teams to manage stock flow.
* Cost Control: Manage budgets and ensure cost-effective purchasing practices. Identify opportunities for cost savings and efficiency improvements.
* Quality Assurance: Ensure all purchased products meet the company’s quality standards. Address any issues with suppliers promptly.
* Understanding Needs: Work closely with our associated companies to understand their specific needs, ensuring they receive the right products, at the right time, and in the right place.
* Team Collaboration: Collaborate with other departments, including sales, operations, and finance, to align procurement activities with business goals.
* Reporting: Prepare and present regular reports on procurement activities, supplier performance, and market conditions to senior management.
* Team Development: Guide and develop junior buyers, providing mentorship and support to enhance their skills and align their efforts with procurement objectives.
* Process Improvement: Formalise and oversee a process for periodic product/merchandise range and supplier reviews to ensure alignment with market trends and business needs.
* Open-to-Buy Management: Monitor and manage Open-to-Buy (OTB) budgets to align purchasing decisions with financial and inventory goals. Collaborate with internal teams to ensure proper OTB planning and execution.
Requirements
* Experience: Minimum of 5 years of experience in a procurement role, preferably within the building supplies or construction industry.
* Education: Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
Skills
* Core Competencies: Strong negotiation, communication, and analytical skills. Proficiency in procurement software and Microsoft Office Suite.
* Industry Knowledge: In-depth understanding of the building supplies market and industry trends.
* Attributes: Strategic thinker, detail-oriented, and able to work under pressure. Strong problem-solving skills and the ability to make decisions quickly.
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