Stock Buyer (Sourcing Specialist) Job in Mr Price Group Durban, KwaZulu-Natal, South Africa

Full Time

Website Mr Price Group

This Job Listing is about Mr Price Group in Durban, KwaZulu-Natal, South Africa 2022

About the job

We are looking for a dynamic go-getter to chase Low Cost Pricing. They will need to travel securing product lines from factories, trade shows and through desk top sourcing. This person is going to assist in flying the price / value flag and increasing the opening price point contributions, their purpose is to delight the customer with well-priced product lines. They will drive competitiveness against the low LSM competitors. The ideal candidate should be driven, adaptable and agile, we are looking for a dynamic trader who is decisive.

purpose

To ensure the provision of world- class sourcing of merchandise and suppliers to support the merchandise strategy and eliminate unnecessary cost thereby delivering best value to delight our customers.

key responsibilities

1) Supplier Management

Build strategic supplier relationships and identify new partnerships for long term sustainability. Research and provide new vendor solutions in line with business requirements in order to contribute to the Company’s profitability. Research new supplier territories in order to ensure that we are sourcing competitively. Assist and guide new vendors in understanding of our requirements, policies and procedures

2) Procurement

Be available to travel to different countries of origin to drive low cost sourcing against strategic KPI’s for the division, both factory visits/ desk top sourcing as well as Trade shows. Re-engineer product for lower costs where necessary while still maintaining required standards. Focus on opportunistic stock parcels to drive value. Negotiate preferred payment terms with suppliers

3) Critical Path Management

Oversee the critical path management up to handover to forwarder date in order to ensure on time delivery of merchandise and correct product execution. Work closely with the merch team on finding proactive solutions to mitigate any delivery delay impact on the business. Partner with respective merchants in reacting to the trading environment in order to maximise sales

4) Research

Identify key value price points in the market, low cost source through new county of origin to maximise value positioning in the market through both Stock purchases as well as Fresh production opportunities

requirements

1) Education:

– Any relevant degree or diploma

2) Experience:

– 3 years-5years Homeware Buying Experience

– Stock Buy Experience Advantageous.

3) Knowledge/ Skills:

– Negotiation skills

– Presentation skills

– Relationship management

– Effective Communication

– Cultural sensitivity awareness

– Product construction

– Fabric and Material understanding

– Manufacturing and Production processes

– Costing

– Raw material pricing

– Exchange rate awareness

– Global sourcing trends

– Shipping and importing processes

– Production and shipping lead-time knowledge by country and product type

– Analytical thinking

4) Business Understanding

– Commercial Acumen

5) All applicants must be fully vaccinated against Covid-19 at the time of application or if necessary undertake, to receive a second vaccination in accordance with Company policy, before permanent employment is confirmed.

about us

The People’s Value Champion | Cash-Based | Omni-Channel | Fashion-Value Retailer

The Mr Price Group retails in more than 1400 stores in sub-Saharan Africa and parts of Africa through our 8-trading divisions Mr Price, Mr Price Home, Mr Price Sport, Mr Price Money, MILADYS, sheet street, Power Fashion and Yuppiechef

Mr Price Group is an equal opportunity employer and is committed to Employment Equity.

Company: Mr Price Group

Vacancy Type: Full-time · Mid-Senior level 

Job Location: Durban, KwaZulu-Natal, South Africa

Application Deadline: N/A

Apply Here

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