Manage buying process and strategy implementation by developing strategic
relationships and joint business plans with suppliers to maximize company
profitability (average of 500 Mill SR ) , deliver financial goals and
improving company cash flow, optimizing inventory and stock turns, and
leverage customers' satisfaction.
Accountabilities
Suppliers ' Relationships:
* Negotiate and sign commercial agreements with suppliers (20% key suppliers) by researching suppliers in terms of value, quality, delivery schedules etc. in order to ensure the best suppliers and commercial agreements are in place.
* Develop and manage strategic relationship with business suppliers and develop Joint development plans through regular communication and engagement in order to drive profitable growth.
Cross Functional Alignment:
* Manage the buying Process starting from S&OP planning cycle to WH Receiving to achieve shelf availability and inventory targets while optimizing supplier performance through development of SLA's and KPI's.
* Manage and oversee full clearance of Nahdi returns to vendors in alliance with supply chain, operation and DIM divisional manager.
Buying Strategy & Policies:
* Develop and implement buying divisional strategy that deliver business KPI (Availability, Sales, Margin, Inventory, Cash conversion, Stock days).
* Analyze and forecast market dynamics to address suppliers' business challenges and minimize Nahdi business risks.
* Develop and manage commercial policies and procedures in alliance with other key functions (Finance, Supply Chain, Merchandise planning, Category Management and DIM) to deliver buying KPI's (Stock on hand achievement, Profit realization, Receiving discipline, Replenishment shelf availability and Collection success).
* Develop and manage Service level agreement with major distributors and across Nahdi business (other departments and different locations) to ensure smooth flow of merchandise.
* Develop and manage commercial strategy initiatives with divisional manager and planning managers to achieve promotional strategies and expansion plan and execution.
* Develop and manage purchase plans and strategies in line with purchasing budget and supply chain footprint expansion and strategy
People Management:
* Develop and build high performance team of buyer, senior buyers, receiving team and account managers to deliver divisional and business KPI's with excellence.
Employee duties are not limited only to the above-mentioned Accountabilities;
he/she may perform other duties as assigned.
Work Environment
* Indoors : 90%
* Outdoors : 10%
* Working Days : 5 Working Days
* Days off : 2 Days Off
* Working Hours : 8:00 AM - 5:00 PM (1 hour break)
Job Requirement
Education
* Bachelor Degree
Experience
* 8+ Years of Experience
Computer Skills
* MS Office Suite
Languages
* English
* Arabic
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