Buying Planner - FMCG

Confidential Company

Multiple VacanciesEmployer Active

Posted 15 hrs ago

Experience

3 - 5 Years

Job Location

Dubai - United Arab Emirates (UAE)

Education

Bachelor of Business Administration(Management), MBA/PG Diploma in Business Mgmt(Marketing)

Nationality

Any European National, Indian

Gender

Any

Vacancy

5 Vacancies

Job Description

Roles & Responsibilities

  • Develop and execute buying plans for assigned product categories, ensuring alignment with overall business strategies and financial targets.
  • Analyze sales data, market trends, and promotional activities to forecast demand and optimize inventory levels, minimizing stockouts and overstock situations.
  • Collaborate with suppliers to negotiate pricing, terms, and delivery schedules, achieving the best possible cost of goods sold.
  • Manage and maintain accurate inventory records, tracking product performance and identifying opportunities for improvement.
  • Monitor and evaluate product performance, providing insights and recommendations to optimize product assortment and maximize profitability.
  • Work closely with the Buying/Commercial teams to develop and implement promotional plans, ensuring alignment with buying strategies.
  • Prepare and present regular reports on key performance indicators (KPIs), highlighting successes, challenges, and areas for improvement.
  • Conduct regular store visits and market research to stay informed about competitor activities, consumer preferences, and emerging trends.
  • Manage the Open-to-Buy (OTB) budget, ensuring that purchases are within budget and aligned with financial goals.
  • Continuously seek opportunities to improve buying processes, enhance efficiency, and drive cost savings.

Desired Candidate Profile

  • Possesses a Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Ideally, has 3-5 years of experience in buying or planning within the FMCG industry.
  • Demonstrates a strong understanding of retail math, forecasting techniques, and inventory management principles.
  • Proficient in using Microsoft Excel and other data analysis tools for analyzing sales data and market trends.
  • Exhibits excellent negotiation and communication skills, with the ability to build strong relationships with suppliers.
  • Shows strong analytical and problem-solving abilities, capable of identifying issues and developing effective solutions.
  • Demonstrates a proactive and results-oriented approach, with a proven track record of achieving targets.
  • Exhibits the ability to work independently and as part of a team, managing multiple priorities effectively.
  • Possesses strong organizational skills, with a keen eye for detail and accuracy.
  • Demonstrates a passion for the FMCG industry and a desire to contribute to the success of the business.

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Demand Planner
  • Product Planner
  • Sales Data Analysis
  • Purchasing Analyst
  • Supply Chain Planner
  • Merchandise Planner

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Confidential Company

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