Buyer: Medirite Stikland - Shoprite Group

The purpose of the Buyer role is to execute the buying strategy of the Medirite Division through the planning, selection, and procurement of a range of products within the Healthcare category that results in the achievement of profitability goals and targets. The Buyer executes all aspects of the buying process for a product category, creating a compelling assortment that meets financial targets and supports brand objectives.

The role further ensures sales growth and an increase in gross margins by considering market trends and customer demand in terms of price, quality, and availability when making purchasing decisions. The Buyer works collaboratively with suppliers, category, marketing, and store operations teams to execute the buying strategy, ensuring a consistent customer experience and aligned execution of pricing, promotions, ranging, display, and layout.

Job Objectives

Product range and line determination

• Ensure first place in the market by maintaining price competitiveness.
• Ensure a comprehensive coverage of categories through effective range rationalisation, aligned to strategy and brand logic.
• Maintain effective administration (across all areas).

Product pricing administration

• Maintain competitiveness in cost and selling prices.
• Base price objectives on knowledge of market prices, current trends, and/or market leaders.
• Effectively utilise negotiation to achieve pricing objectives.
• Ensure confidentiality is maintained regarding sensitive information.

Advertising and promotions management

• Selection of lines and management of price points.
• Continuously track competitor pricing.
• Ensure availability of stock at suppliers.
• Timeously supply information to Marketing.

Resolve stock level issues in stores and distribution centres

• Remain up to date with price movements and shortages to proactively advise the distribution centres.

International sourcing

• Identify potential gaps and international trends to source profitable products.
• Manage the end-to-end supply chain process.
• Determine a merchandising layout that is practical and reflective of consumer patterns.

Qualifications

Essential

• Senior Certificate
• Degree or Diploma in Business, Sales, Marketing, Supply Chain, or a related field

Experience

Essential

• +2 years’ experience in a buying role, with demonstrable experience executing all aspects of the buying process in a large retail organisation.
• 3 years of current buying experience within a retail/wholesale/FMCG environment.
• Demonstrable experience with sourcing and supplier management along with complex vendor/supplier negotiations.

Knowledge and Skills

• Well-developed understanding of supply chain concepts, processes and systems. 
• Comprehensive understanding of the factors influencing a product’s cost and selling prices.
• Knowledge of commercial and financial trade-offs in category sales.
• Understanding of the retail value chain and profitability drivers.
• Proficiency in MS Office 365 with advanced Excel skills.