Buyer Job at QMB Mart

QMB Hypermart, a leading Retail and Lifestyle company in the FMCG Industry, is recruiting suitable candidates to fill the position below:

Job Position: Buyer

Job Location: Lekki, Lagos
Employment Type: Full-time

Job Responsibilities

• Development of company policies and procedures for initiating, negotiating, approval, and termination of supply contracts with merchandising suppliers;
• Development and maintenance of relationships with suppliers of all merchandising items to the company;
• Negotiations of key terms such as prices, terms of take-on of merchandising items, payment terms, etc. with each supplier to ensure the company’s profitability and liquidity;
• Proactively discuss with suppliers to ensure that our relationship with them remains mutually beneficial, thereby promoting mutually profitable and lasting relationships;
• Effective supervision of subordinate team members;
• Periodic review and update of the company buying policies and procedures;
• Purchase of goods from the vendors in the category (Supermarket).
• Raising the local purchase order (LPO).
• Following up with vendors for supplies.
• Studying consumer buying patterns and predicting future trends;
• Evaluate suppliers and buy items.
• Analyze and compare proposals from several trusted suppliers before negotiating terms.
• Assist in researching new vendors and comparing competitive suppliers.
• Works closely with sales team to determine optimal pricing through analysis of sales trends, competitors, buying habits, and planograms of products to promote sales opportunities.
• Handle all customer and supplier inquiries regarding orders, status, changes, and invoice payment.
• Create purchase orders and send them to chosen vendors for prompt delivery
• Following up with suppliers for confirmation of order and ensuring deliveries are prompt.
• Meeting suppliers and negotiating terms of the contract;
• Maintaining relationships with existing suppliers and sourcing new suppliers for future products;
• Realization of the company's vision and mission

Qualifications

• University Degree (Supply Chain, Procurement, Business Administration, or similar).
• Experience working as a Buyer is an added advantage
• MBA or MSc is an added advantage.
• At least 4 years + of experience working for an industry related to the category, or in procurement.
• At least 3 years of experience in SAP, and other ERP systems with a focus on Purchasing.
• Knowledge in the category or procurement (CIPS preferred or other certification)
• Prior Supermarket procurement experience will be an added advantage.

Skills & Competencies:

• Excellent communicator - demonstrating a high level of competence with
• Presentations
• Written reports
• Persuasiveness
• Listening & Negotiation skills.
• Good time management skills.
• Project management skills.
• Market Intelligence.

Method of Application
Interested and qualified candidates should send their CV, highlighting their Education, Experience, and Skills / Competence required for the role and a Covering Letter explaining why they are suitable to: careers@qmbmart.com using "Buyer - Retail" as the subject of the email.