Buying Manager
Role Overview
Lead buying activities to source products, materials, or services at the right quality, cost, and time.
Develop supplier relationships, manage purchasing and negotiations, monitor market and business needs, and support inventory, budget, and operational goals.
Key Skills for This Role
Full Job Posting
Job purpose
Lead buying activities to source products, materials, or services at the right quality, cost, and time.
Develop supplier relationships, manage purchasing and negotiations, monitor market and business needs, and support inventory, budget, and operational goals.
Buying and supplier responsibilities
- Develop buying plans aligned with business priorities, customer or operational needs, budgets, and product or service requirements.
- Identify, evaluate, and select suppliers based on quality, cost, reliability, service, capacity, and compliance.
- Lead negotiations on pricing, contracts, delivery schedules, payment terms, and service levels.
- Build supplier relationships, review performance, resolve issues, and identify opportunities to improve value and service.
- Oversee purchase requests, orders, confirmations, and delivery follow-up.
Planning, controls, and collaboration
- Work with relevant teams on demand, stock, lead times, and replenishment to balance availability with inventory and cost objectives.
- Monitor markets, supplier capacity, pricing, and product or service developments to inform buying decisions.
- Manage budgets and spending, analyze costs, and identify savings or value improvements.
- Ensure purchasing follows company policies, contractual requirements, regulations, quality, and ethical sourcing standards.
- Assess supply, pricing, delivery, and supplier risks; develop mitigation plans and escalate material concerns.
- Prepare buying reports, forecasts, spend analyses, and supplier performance measures.
- Collaborate across Finance, Operations, Merchandising, Planning, and other teams; lead and develop buying team members.
- Improve sourcing, purchasing workflows, supplier management, and use of procurement systems and data.
Required qualifications
- Bachelor’s degree in Business, Supply Chain Management, Procurement, or a related field; equivalent education and relevant experience may be considered.
- Experience in buying, procurement, purchasing, sourcing, or a related commercial function.
- Experience managing supplier relationships and negotiating pricing, contracts, or commercial terms.
- Experience analyzing costs, budgets, demand, inventory, or supplier performance.
- Proficiency with procurement or purchasing systems and spreadsheet applications, including Microsoft Excel.
- Experience preparing purchasing reports, forecasts, and business documentation.
- People management or team leadership experience, or demonstrated ability to guide and develop colleagues.
Skills and competencies
- Strong negotiation, influencing, and supplier relationship management skills.
- Commercial awareness and ability to balance quality, cost, availability, and business needs.
- Analytical and problem-solving skills, including interpreting purchasing data and assessing options.
- Planning, organization, and time-management skills to handle priorities and deadlines.
- Clear written and verbal communication and effective cross-department collaboration.
- Sound judgment and discretion with commercial, supplier, and financial information.
- Ability to lead and motivate a team and build effective working relationships.
- Commitment to ethical procurement, policy compliance, and continuous process improvement.
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