Product Acquisition Specialist

7 days ago

Perth, Western Australia beBeeAcquisition Full time $75,000 - $95,000
Job Summary:

A Product Acquisition Specialist will play a pivotal role in driving the strategic purchasing decisions of our business. Their expertise in product selection and supplier negotiations will be crucial in maintaining and enhancing our market position.

Key Responsibilities:
  • Product Selection: Utilize sales data and feedback from department managers to determine purchasing needs and product selections tailored to customer preferences and local market trends.
  • Market Analysis: Regularly analyze retail trends and customer demand by reviewing store sales and inventory reports. Use this information to adjust purchasing strategies and ensure we meet consumer needs effectively.
  • Supplier Negotiations: Develop and maintain strong relationships with suppliers. Negotiate terms of purchase, supply, and promotions to secure advantageous agreements.
  • Cost Management: Monitor and control inventory levels to align with sales strategies and operational budgets, optimizing our stock to maximize sales and reduce overheads.
  • Sales and Marketing Collaboration: Work closely with the marketing and merchandising teams to coordinate promotions and sales strategies, ensuring that new products are effectively introduced and marketed to our clientele.
  • Competitive Analysis: Maintain a thorough understanding of market conditions and competitor activities to anticipate market shifts and adjust purchasing strategies accordingly.
  • Profitability Objectives: Implement innovative purchasing and operational strategies to achieve targeted profitability goals.
  • Policy and Compliance: Ensure all purchasing and operational activities comply with company policies and national safety regulations.
Requirements:
  • 3 years+ experience in retail buying, particularly in the grocery sector, is preferred.
  • Strong analytical skills and ability to interpret market data.
  • Excellent negotiation and communication skills.
  • Proven ability to work collaboratively in a dynamic team environment.
  • AQF Certificate III including at least two years of on-the-job training, or AQF Certificate IV (ANZSCO Skill Level 3)

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