Lead Retail Buyer at IBFCAlliance Limited

IBFCAlliance Limited - Our client is a highly innovative startup on a mission to build a transgenerational business that will be the preferred shopping destination of Nigerians, offering a world class shopping experience.

They are looking for an expert level supply chain leader to join their team in the position below:

Job Title: Lead Retail Buyer

Location: Lagos
Employment Type: Full-time

Job Description

• Develop and execute an enterprise category assortment plan, procurement, pricing and profit strategy
• Partner with key stakeholders to translate assortment plan into a merchandising plan and store level planograms
• Manage and review the performance of a large supplier base leveraging effective communication and building relationships that drive engagement and performance
• Manage a large portfolio of suppliers to source products, strengthen overall product mix and create a merchandise range that meets the objectives of the organization
• Negotiate pricing and deals that ensures enterprise competitiveness in the market and set up commercial and service level agreements with suppliers
• Maintain company’s gross profit (GP’s) and margins per department and category
• Ensure suppliers adhere to quality, service and best practice initiatives
• Carry out supplier bench marking activities and provide market / competitor analysis to key stakeholders
• Conduct supplier line reviews (to ensure that bestsellers reach their full potential and slow sellers are minimized), assortment analysis, item planning and forecasting
• Manage supplier performance to optimize sales volume and profitability and resolve supplier queries
• Leverage data analytics to maximize sales performance, profitability and grow market share and to identify new commercial opportunities
• Conduct financial analysis and take proactive steps to increase profitability
• Identify and manage risks within the supply chain
• Support retail manager and sales team through consistent communication and product updates
• Plan and deliver market leading, customer insight driven marketing promotions and events in conjunction with suppliers
• Develop and lead a high performing team providing day to day coaching and feedback to ensure they exceed their targets whilst giving them the opportunity to be their best

Minimum Qualifications

• A relevant Bachelor’s Degree
• A Master of Business Administration is highly desirable
• Chartered Institute of Procurement and Supply(CIPS) certification may be beneficial
• Advanced proficiency using Microsoft office suite

Minimum Experience:

• Preferably at least 6 years extensive experience as a senior buyer/procurement specialist or category manager in the retail industry
• Previous experience in commercial and strategy functions

Application Closing Date
16th September, 2021.

Method of Application
Interested and qualified candidates should forward their CV to: [email protected] using the job title as the subject of the mail.