We are seeking a proactive and analytical FMCG Buyer to manage the procurement of fast-moving consumer goods, ensuring optimal inventory levels, cost efficiency, and supplier relationships.
The ideal candidate will possess strong negotiation skills, a keen understanding of market trends, and the ability to drive strategic procurement decisions to support the company’s growth and profitability.
Key Responsibilities
Supplier Management:
* Identify, evaluate, and establish relationships with suppliers to ensure reliable sourcing.
* Negotiate contracts, terms, and pricing with suppliers to secure the best value.
* Monitor supplier performance and address any issues related to quality, delivery, or compliance.
Procurement Planning:
* Forecast purchasing needs based on sales trends and demand planning.
* Develop and execute procurement strategies that align with company objectives.
* Maintain optimal inventory levels to avoid stockouts or overstocking.
Market Analysis:
* Stay updated on market trends, consumer preferences, and competitor activities.
* Analyse price fluctuations, supply chain risks, and alternative sourcing opportunities.
* Recommend strategies to mitigate supply chain disruptions and cost increases.
Cost Optimization:
* Ensure procurement activities align with budgetary constraints.
* Identify cost-saving opportunities without compromising quality or service.
Data Management and Reporting:
* Maintain accurate records of purchases, pricing, and supplier agreements.
* Generate regular reports on procurement metrics, inventory turnover, and cost analyses.
* Utilise data to provide insights and support strategic decisions.
Key Requirements
Education and Experience:
* CIPS qualified would be ideal but not required
* Proven experience 3+ years as a buyer or in procurement within the FMCG industry.
Skills and Competencies:
* Strong negotiation and relationship management skills.
* Excellent analytical and problem-solving abilities.
* Proficiency in procurement software and Microsoft Office Suite (Excel, Word, PowerPoint).
* Knowledge of supply chain operations and inventory management principles.
* Ability to multitask and thrive in a fast-paced environment.
Personal Attributes:
* Attention to detail and a results-driven mindset.
* Strong communication and interpersonal skills.
* Adaptability to dynamic market conditions and business needs.
Salary £40,000+ (Bonus and other options available)