Buyer

Talentmate

Posted 30+ days ago

Experience

3 - 5 Years

Education

Bachelor of Business Administration(Management)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Job Description

A Buyer is a crucial role within any organization that involves the acquisition of goods and services that are essential to business operations. The primary responsibility of a Buyer is to identify, select, and purchase quality products and services required by their company at competitive prices. This role demands strong analytical skills, negotiation expertise, and a keen sense of market trends to make informed purchasing decisions. As a Buyer, you will work closely with suppliers, negotiate contracts, assess supplier performance, and ensure that all procurement activities comply with the company's policies and budgetary constraints. A successful Buyer must balance cost and value, prevent supply shortages, and maintain a strategic inventory level to promote uninterrupted business operations.


Responsibilities
  • Conduct market research to identify potential suppliers and evaluate their capabilities.
  • Negotiate contracts, terms, and prices with vendors to secure the most advantageous deals.
  • Monitor inventory levels to determine supply needs and place orders accordingly.
  • Evaluate supplier performance and recommend changes to procurement strategies as needed.
  • Develop and maintain strong relationships with key suppliers for sustainable partnerships.
  • Analyze market trends to forecast future purchasing needs and potential risks.
  • Ensure that all procurement processes align with company policies and regulatory requirements.
  • Prepare, update, and manage purchase orders, supply agreements, and contracts accurately.
  • Coordinate cross-functional efforts to resolve any supply chain issues or discrepancies.
  • Identify cost-saving opportunities and implement solutions without compromising quality.
  • Track purchasing metrics and report on results to senior management periodically.
  • Continuously assess supply chain operations to improve processes and performance.

Requirements
  • Bachelor s degree in Business, Supply Chain Management, or a related field preferred.
  • Proven experience in a buyer or procurement specialist role within an organization.
  • Strong negotiation skills with the ability to secure beneficial supplier agreements.
  • Sound knowledge of purchasing and supply chain management best practices.
  • Exceptional analytical skills to evaluate product quality and supplier capabilities.
  • Proficiency in using procurement software and Microsoft Office applications.
  • Excellent communication and interpersonal skills for managing supplier relationships.
  • Ability to work collaboratively in a team and adapt to changing market conditions.
  • Strong organizational skills to handle multiple tasks and meet deadlines effectively.
  • Familiarity with industry-specific regulations and compliance requirements.


Company Industry

Department / Functional Area

Keywords

  • Buyer

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