Buyers, also known as purchasing agents, are analyzers, negotiators and deal-makers. They research, evaluate and buy products for companies to either resell to customers or use in their everyday operations.
Key Accountabilities and process:
· Determine buying requirements and formulate buying plan and budget for the assigned department/category
· Align the buying plan to the overall department/category business plan and the merchandize strategy as laid down by the department/ category manager
· Help meet the profit targets by ensuring timely procurement of the department/category Merchandise
· Pursue cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process
· Develop an adequate vendor base for the concept through active scouting and negotiation / renegotiation
· Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
· Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end users
· Identify, evaluate and select appropriate vendor mix to achieve business objectives
· Place orders based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement
· Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow
· Track the merchandise transportation from supplier to landmark distribution center and ensure smooth flow of goods
· Follow the reverse logistics guidelines to send the faulty / damaged goods back to the vendor
· Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation
· Ensure effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data
· Keep abreast of the latest trends in buying and discuss the same with the department/category Manager from time to time to assess realignment of existing processes
· Gather information from Industry trade groups or through trade shows/market visits.
https://landmarkgroup.taleo.net/careersection/ex/jobdetail.ftl?job=220001A3&lang=en
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