Senior Buyer
Nesto Hyper Market
Total des années d'expérience :13 years, 1 Mois
Growth Path Apr’17 - Jun’17 Buyer Jul’17 - Present Senior Buyer Key Result Areas: Administering sourcing of suppliers on demand of variety products and brands Leading procurement of new electronics, home appliances items and mobiles from regular suppliers Supervising and instructing colleagues for regular items based on the movement & store requirement Formulating prices of the items based on pricing guidelines and market situation Executing negotiations with the suppliers for best price in the market and for the promotional item Ascertaining optimum category inventory levels are maintained in the business keeping in mind store requirements Identifying weekly promotional products and pricing each item to the best in the market Liaising with Marketing Team for the booklet preparation by giving product and price detail Corresponding with Operations Team for the merchandise of promotion products and regular products Ensuring no category stock-outs occur due to discrepancies in merchandise planning Managing inventory to ensure there is no excess category inventory at stores and that aged stocks are cleared Assisting and guiding colleagues on their queries on systems, reporting & planning Coordinating with Finance Department to establish LC & follow-up on payments to suppliers Highlight: Formulated a system for regular identification and monitoring of inventory; liquidated slow moving inventory of worth SAR 2.1 Million within 2 months
Growth Path Mar’13 - Dec’13 Assistant Buyer Jan’14 - Apr’17 Buyer Key Result Areas: Formulated & maintained local assortment and integrated the basic assortment for the department/categories Executed pricing the items based on pricing guidelines and recommended prices for PL & imported items Identified local promo products & pricing each item and submitted forecasting/relevant-reordering information to replenishment Selected local suppliers and executed negotiating & purchasing in line with expected needs guided by corporate guidelines & standards such as cost price, discounts, rebates & payments term discounts Implemented business unit strategy & category plans for selecting brands & items and setting prices Shared information with Corporate Team regarding characteristics & positioning of the products needed and quantities for international and regional contracts Managed other functions such as operations, logistics & other areas in merchandise, private label, promo & display Tracked all the orders status including shipment dates Highlights: Achieved a 6% cost reduction through second sourcing and zero-based costing approach
Key Result Areas: Executed procurement operations of variety brands, models and design of products Created an item code in the system and ensured ranging in to all the stores Administered range building and selection/buying process of ranges Managed category promotions; provided inputs on expected margins, possible price points and other parameters for promotions within the product category Maintaining RSP and Profit Margin Conducted analysis of existing stock levels; liaised with the Buying, VM & Marketing Team for timely roll-out of promotional campaigns to maintain the inventory holding norms and achieve targeted sales Prepared credit note to supplier based on mark down price during the promotion period Maintained stock and performed stock ageing analysis Compared & analyzed quote with previous purchase and competitors Coordinated for sales with all branches across Abu Dhabi