Wholesale Buyer In Furniture – Business Enhancers

Duties and Responsibilities:

Procurement Strategy:

• Develop and implement a comprehensive procurement strategy aligned with the company’s overall goals and objectives.
• Analyze market trends, conduct supplier evaluations, and identify potential cost-saving opportunities.
• Collaborate with other departments to understand their purchasing needs and align procurement practices accordingly.

Supplier Management:

• Build and maintain strong relationships with existing suppliers while continuously seeking new reliable vendors.
• Negotiate contracts and terms with suppliers to secure the best possible pricing, quality, and delivery terms.
• Monitor supplier performance, resolve issues, and ensure compliance with contractual obligations and company standards

Category Management

• Oversee category teams (Furniture, Home Accessories, Household, Bath & Home) to curate and source a competitive product mix.
• Negotiate with suppliers to secure the best terms, including pricing, payment terms, and delivery schedules.
• Manage vendor relationships and assess supplier performance regularly to ensure quality and reliability.

Budget and Cost Control:

• Create and manage the purchasing budget, ensuring adherence to financial guidelines and cost-saving measures.
• Implement strategies to optimize spending and achieve cost efficiency without compromising product quality.

Inventory Management:

• Work closely with inventory and warehouse teams to manage inventory levels and minimize stock-outs.
• Develop inventory control mechanisms to reduce excess stock and inventory carrying costs.

Procurement Process Improvement:

• Regularly review and enhance the procurement process to increase efficiency and minimize operational bottlenecks.
• Integrate digital solutions and automation to streamline purchasing workflows..

Risk Management:

• Identify potential risks in the supply chain and develop contingency plans to mitigate disruptions.
• Stay up-to-date with industry regulations and ensure compliance with relevant laws and policies.

Team Leadership:

• Lead, mentor, and motivate the buying and purchasing team to foster a high-performance culture.
• Provide clear direction, feedback, and training to ensure team members are aligned with strategic goals and industry best practices.
• Drive collaboration between teams to enhance synergies and maximize business performance.

Market Research and Innovation

• Conduct regular market and competitor analysis to identify emerging trends and opportunities.
• Introduce innovative sourcing strategies to optimize supply chains and improve product offerings.
• Ensure products meet quality standards, regulatory requirements, and customer satisfaction benchmarks.`

Job Details

Preferred Candidate

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