Buyer job description
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What does a Buyer do?
The Buyer is responsible for sourcing and purchasing goods and materials that meet the company's quality standards and budget constraints. This role is essential to maintaining efficient supply chain operations and supporting the company's production and operational needs.
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What are the Key Responsibilities of Buyer
- Research and identify potential suppliers.
- Negotiate contracts, terms and pricing with suppliers.
- Maintain relationships with existing vendors while evaluating supply options.
- Analyze market trends to forecast and anticipate inventory needs.
- Collaborate with departments to understand procurement requirements.
- Manage purchase orders and ensure timely delivery of products.
- Resolve issues related to quality or delivery discrepancies.
- Develop strategies to improve purchasing systems and processes.
What are the Skills and Requirements for a Buyer?
- Strong negotiation and networking skills.
- Proficient in supply chain management software.
- Analytical mindset with excellent problem-solving abilities.
- Effective communication and interpersonal skills.
- Attention to detail and ability to manage multiple tasks.
What are the KPIs to track for Buyer?
The Buyer's performance is assessed based on cost savings achieved, supplier reliability and quality, and adherence to procurement process timelines to ensure seamless operation flow and budget management.
Cost Efficiency
Achieving cost reductions through effective negotiations.
Supplier Performance
Improvement in supplier reliability and product quality standards.
Timely Deliveries
Ensuring goods are delivered within the set deadlines.
Reports to
Procurement Manager
Collaborates with
Logistics and Operations Teams, Finance Department
Leads
None
Are any specific tools or software required for the Buyer role?
- SAP
- Oracle SCM
- Microsoft Excel
- Procure-to-Pay (P2P) Systems
What is the qualification of Buyer?
Bachelor's degree in Business Administration, Supply Chain Management, or a related field, with 2-4 years of experience in purchasing or procurement.
