Power Tool Accessory Buyer Job | ITS.co.uk

Buyer - Power Tool Accessories

JOIN OUR BUYING TEAM

Working as a key member of the Buying team you will be responsible for all aspects of the buying function and administration for the Power Tool Accessories product range to support the Buying Manager in creating the buying strategy, achieving and maximising opportunities for sales, profits and margin. Taking responsibility for the sales and profit performance of a high turnover product category while, sourcing and developing new and existing product ranges. Liaising with the Marketing team to support with the creation of the catalogue and all promotional activities.

We are currently recruiting for a Full Time Buyer who will be responsible for the Power Tool Accessories category.

Job duties & responsibilities

  • To be responsible for the construction and maintenance of the buying matrices for all new and current suppliers for within the relevant category.
  • To research new brands and products negotiating the best prices, promotions and rebate packages to maintain competitive position within the marketplace, ensuring margin targets are achieved.
  • To attend trade shows and conferences both in the UK and abroad, actively taking the lead in supplier meetings as required. (Covid situation permitting)
  • To be responsible for placing, forecasting and scheduling purchase orders, considering stock holding, sales and promotional activities, warehouse capacity and lead times.
  • To manage and report on current products to ensure maximising performance, taking appropriate action to address ineffective or underperforming lines.
  • Upload information to the system ensuring accuracy and resolving queries.
  • Establish strong relationships with new and existing suppliers ensuring effective communication channels are created and queries and issues are resolved efficiently.
  • Work alongside the buying and marketing teams to aid in the creation of the catalogue and sales brochures, this includes helping with the creation and the maintenance of supplier matrices and the gathering of information and images for buying and marketing.
  • To assist the Buying Manager with the creation and delivery of the buying strategy by analysing market trends, competitor activity and seeking opportunities for new products and innovations.
  • To provide advice and guidance to the team in managing individual product ranges to assist them in maximising sales and profits across the department.
  • To support and assist the Buying manager with the training and developing of new members of the team when required, acting as mentor to others with their development and with internal procedures and buying practices.
  • To assist with the introduction of new and efficient buying practices to improve current systems of work.
  • Ensure compliance with all company policies and procedures and adherence to statutory Health & Safety requirements.

Necessary Skills & Attributes

  • GCSE maths & English to Level 4 or equivalent
  • Experience with in a retail or online industry would be preferred
  • A minimum of 2 years’ experience purchasing/buying power tool products/accessories
  • A commercial awareness and understanding of buying budgets, forecasts and margins.
  • A high level of computer literacy required
  • Competent user of Microsoft Word, Excel & Outlook
  • A high level of verbal and written communication skills is essential
  • An excellent telephone manner and professional email correspondence is required.
  • An ability to effectively communicate with team members at all levels including senior management is essential.
  • Able to actively and confidently participate is supplier meeting is required.
  • Must be confident, motivated and able to work independently
  • Must have a pleasant, helpful and optimistic attitude and ability to form strong working relationships across a variety of business functions.
  • Must have a high level of accuracy and attention to detail.
  • Ability to work as a valuable team member actively supporting others and having a flexible can-do attitude.

Salary:

Negotiable depending on experience

Hours:

Shifts between the hours of 7.45am - 5pm

The job description may from time to time be amended by the Company and in addition to the duties set out in it; you may at any time be required to undertake additional or other duties as necessary to meet the reasonable needs of the business.

JOB ROLE

Power Tool Accessories - Buyer

  • Creation and maintenance of the buying matrices for your category.
  • Research new brands/products and negotiate the best prices, promotions and rebate packages to maintain a competitive position in the market.
  • To attend trade shows and conferences both in the UK and abroad, actively taking the lead in supplier meetings as required.
  • Ensure all margin targets are achieved for your category.
  • To be responsible for placing, forecasting and scheduling purchase orders.
  • Consider stock holdings, sales and promotions, capacity and lead times.
  • To maximising product performance using necessary reporting methods.