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Senior Purchaser

4.00 to 7.00 Years   As Salamah, Jeddah , Saudi Arabia   11 May, 2023
Job LocationAs Salamah, Jeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
Salary$2,000 - $3,000
IndustryToys & Leisure; Retail & Wholesale
Functional AreaNot Mentioned

Job Description

A reputable retail company with over 38 years in the market hiring:(Senior Purchaser)A senior purchaser will be a responsible, business-minded individual, who has excellent negotiation skills and a good standard of numeracy in order to analyze facts and figures. Effective negotiation and networking, help the business save money and increase profits by performing strategic procurement activities across multiple categories.Responsibilities:úÿÿÿÿÿÿDevelop, lead, and execute purchasing strategies;úÿÿÿÿÿÿMaintain excellent current knowledge of the market, prices, and products.. Stock ManagementúÿÿÿÿÿÿSeek and partner with reliable vendors and suppliers;úÿÿÿÿÿÿTrack and report key functional metrics to reduce expenses and improve effectiveness;úÿÿÿÿÿÿCraft negotiation strategies and close deals with optimal terms;úÿÿÿÿÿÿForecast price and market trends to identify changes of balance in buyer-supplier power and their impact on future activities.úÿÿÿÿÿÿPerform cost and scenario analysis, and benchmarking;úÿÿÿÿÿÿAssess, manage, and mitigate risks;úÿÿÿÿÿÿMonitor and forecast upcoming levels of demand;. Stock take.úÿÿÿÿÿÿConduct research to ascertain the best products and suppliers in terms of best value, delivery schedules, and quality;úÿÿÿÿÿÿLiaise between suppliers, manufacturers, and relevant internal departments including finance and operations;úÿÿÿÿReport on buying trends and customer needs & propose innovative ideas to increase market share;úÿÿÿÿÿÿÿBuild and maintain good relationships with new and existing suppliers;. Maintaining the purchasing policy and ensuring that all purchases adhere to it

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