Our grocery buyer is responsible for selecting, purchasing, and managing inventory of grocery items for a retail store, by negotiating prices with suppliers, analyzing sales trends, ensuring quality standards, and coordinating product deliveries to maintain optimal stock levels while maximizing profitability for the store; essentially acting as the primary point of contact for sourcing grocery items for the store's shelves.
Key responsibilities
· Market research:
Stay updated on market trends, new products, and competitor pricing to identify potential items to stock.
· Supplier management:
Build and maintain relationships with vendors, negotiate pricing, payment terms, and delivery schedules.
· Product selection:
Evaluate product quality, specifications, and customer demand to choose the best items to stock.
· Inventory control:
Monitor stock levels, forecast demand, and place orders to maintain optimal inventory without overstocking.
· Price analysis:
Determine retail pricing based on cost, market competition, and profit margins.
· Promotional planning:
Collaborate with marketing teams to develop promotional strategies and pricing for featured items.
· Quality control:
Inspect deliveries to ensure product quality meets standards and address any issues with suppliers.
· Sales analysis:
Track sales data to identify trends, adjust orders based on customer demand, and identify slow-selling items
· New product introduction:
Evaluate and introduce new products to the store, including merchandising and marketing support
Required skills and qualifications:
Specialization options:
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