Trainee Buyer

2 - 5 years

1 - 4 Lacs

Posted:4 days ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

  • Implement efficient inventory practices and accurate forecasting to optimize stock availability.
  • Manage aged stock and invoiced stock effectively, identifying opportunities to improve margin.
  • Ensure all purchasing transactions are conducted efficiently and cost-effectively.
  • Maintain a thorough understanding of purchased products, including pricing and volume trends.
  • Support in purchasing criteria-based stock and non-criteria stock part exchange & SYC vehicles, maintaining cost-effective stock levels appropriate to budgeted volume levels.
  • Expedite purchase orders and resolve issues to avoid unnecessary expenses.
  • Uphold and maintain high-level inventory management and coordination.
  • Accurately forecast and report inventory requirements to ensure optimal stock availability.
  • Manage Purchase Agreements and ensure purchase order accuracy.
  • Develop strong relationships and communicate effectively with management, procurement, logistics, and sales teams to manage working capital, optimize space, improve margins, and meet customer needs.
  • Promote cooperation between our departments and across the group to enhance operational efficiency.
  • Manage and achieve stock Key Performance Indicators (KPIs), continually identifying areas for improvement.
  • Identify areas for margin improvement or inventory optimization and liaise with management to take appropriate action.
Job Requirements
  • Comfortable working within a fast-paced environment with the ability to prioritize tasks.
  • Effective time management and organization skills.
  • Ability to learn and absorb new information quickly within a dynamic working environment.
  • Able to work comfortably with a large number of product skus across multi-sites.
  • At ease when working with a variety of product groups varied value, volume, and supply chains.
  • Strong numerical and data interpretation skills.
  • Excellent analytical skills and attention to detail.
  • Strong computing/systems-based skills including MS Office and a solid foundation of Excel spreadsheet familiarity/competency.
  • Skilled at problem-solving and handling challenging discussions.
  • Ability to work on own initiative.
  • Proactive approach to role.
  • Comfortable in undertaking close inter-department working (i.e., with stock control/logistics and sales).
Perks and Benefits
  • Paid time off every month to do something that makes you happy.
  • 31 days' holiday plus days off for your birthday, getting married, or moving house.
  • Additional holidays for length of service.
  • Long service awards.
  • Staff discount on cars and finance options.
  • Discounts and cashback at hundreds of high street retailers and restaurants through our "My M.O.T" platform.
  • Smart Tech in partnership with Currys.
  • Cycle to work.
  • Pension.
  • Healthcare.
  • Enhanced Parental Leave.
  • Employee Assistance Programme (EAP).
  • Vocational and personal development training courses.
  • Quarterly team socials.
  • Team feasts.
  • Scratch card rewards.
  • Sharesave scheme (SAYE). Plus much more!

Disclaimer: This job description has been sourced from a public domain and may have been modified by Naukri.com to improve clarity for our users. We encourage job seekers to verify all details directly with the employer via their official channels before applying.

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