Senior Buyer

The Senior Buyer is second in line after the category manager he plays a major role in developing the business by controlling product and supplier selection. He is a specialist or an authority in the business he manages.In summary he is measured on three main deliverables:Sales.ProfitabilityStock turns.KEY RESPONSIBILITIES: 1. Purchase the highest quality merchandise at the lowest possible price.2. Plan, forecast and report on sales and business performance, according to category requirements.3. Control Line or family budgets (Sales, Profitability and stocks).4. Maintain healthy stock turns. Maintaining on going liquidation plans for excess and dormant stocks to keep stock levels on targets.5. Maintain, implement purchasing instructions, policies, and procedures.6. Coordinate and implement advertising and promotional initiatives.7. Maintain awareness of market trends in the retail industry, understanding forthcoming customer initiatives, and monitoring local competition.8. Research and evaluate suppliers based on price, quality, selection, service, support, availability, reliability, distribution capabilities, and the supplier’s reputation and history.9. Review catalogs, industry periodicals, directories, trade journals, and Internet sites, and consult with other department personnel to locate necessary goods and services.10. Attend meetings, trade shows, conferences, to network with potential suppliers.11. Write and review product specifications, maintaining a working technical knowledge of the goods or services to be purchased.12. Monitor changes affecting supply and demand, tracking market conditions, price trends etc.13. Touring the sales floor regularly, talking to sales associates and customers, and identifying or resolving urgent issues.14. Maintain records of goods ordered and received.15. Initiate cost adjustment claims and following up with vendors to secure execution.REQUIREMENTS:Bachelor degree from a reputable university.5+ years of Buying retail experience (Digital Electronics, Mobiles, tablets, wearables) Arabic and English Proficiency.Strong computer skills.Age less than 30 years.High communication skills.Team player.Results oriented.High personal integrity.Strong negotiation skills.Job location – Jeddah