Store Buyer
InspHired Recruitment Solutions
- Durban, KwaZulu-Natal
- R15,000-20,000 per month
- Permanent
- Full-time
- Responsible for Analysing sales data, inventory levels, and forecasts to determine replenishment needs.
- Placing purchase orders with suppliers based on replenishment requirements.
- Monitoring inventory levels and adjusting orders as necessary to prevent stockouts and overstock situations.
- Negotiating pricing, terms, and delivery schedules with suppliers to optimize costs and ensure timely deliveries.
- Collaborating with cross-functional teams including merchandising, logistics and store operations to coordinate replenishment efforts.
- Train & mentor support staff as and when necessary.
- Maintain accurate records of purchases, inventory levels and supplier agreements.
- Analyse product performance and adjust replenish strategies as needed.
- Review sales data and trends for each product identify patterns and seasonality in sales to forecast future demand accurately.
- Conduct regular inventory counts to assess current stock levels.
- Identify slow-moving or obsolete inventory and take appropriate action, such as markdowns or returns to suppliers.
- Understand customer needs, buying patterns and predict future trends.
- Based on sales and inventory analysis, determine replenishments needs for each product.
- Calculate order quantities considering lead times, minimum order quantities and safety stock levels.
- Develop replenishment strategies for each product category, considering sales, forecasts, promotions, and seasonality.
- Generate purchase orders in the inventory management system based on replenishment needs.
- Ensure accuracy of order details, including product descriptions, quantities, pricing, and delivery dates.
- Submit purchase orders to suppliers via email or electronic ordering platforms.
- Maintain regular communication with suppliers to track order status and resolve any issues or delays.
- Negotiate pricing, terms, and delivery schedules to optimize costs and ensure timely deliveries.
- Monitor incoming shipments and compare them to purchase orders to verify accuracy.
- Adjust replenishment orders as needed based on changes in sales forecasts, inventory levels or supplier availability.
- Maintain accurate records of all purchase orders, receipts, and inventory transactions
- Update inventory levels in the system promptly to reflect incoming shipments and adjustments.
- All purchase orders, receipts and inventory transactions must be documented accurately in the inventory management system.
- Any adjustments to replenishment plans or orders must be documented with reasons for the change.
- Records should be kept in a secure and organised manner for easy access and reference.
- Generate & Present reports as and when required by management.
- Ad-hoc duties given by management.
- Matric certificate.
- Relevant Qualification.
- A working knowledge of the latest Microsoft packages (Word, Excel, and Power Point & Outlook)
- Minimum of 5 years retail buying experience within a Supermarket environment.
- Excellent stock and product knowledge.
- Ability to work under pressure.
- R15 000 – R20 000 per month.