Job overview
Date posted
16/06/2025
Location
Dubai, United Arab Emirates
Salary
Undisclosed
Compensation
Comprehensive package
Experience
2 - 5 yrs
Seniority
Experienced
Qualification
Bachelors degree
Expiration date
30/07/2025
Job description
Spinneys, the UAE’s leading premium food retailer, is seeking a Commercial Buyer responsible for the strategic selection, procurement, and management of a specific product category or range of products for retail sale. The ideal candidate will conduct market research, negotiate with vendors, manage inventory and financial targets, and collaborate with internal teams to ensure competitive pricing, optimal product assortment, and alignment with company sales objectives.
Required skills
product selection
vendor management
negotiation
inventory planning
budget management
sales forecasting
supply chain management
retail operations
ERP systems
inventory management platforms
data analysis
market research
trend analysis
product lifecycle management
category strategy development
financial analysis
pricing strategy
retail merchandising
Key responsibilities
- Identify and research new product opportunities, market trends, and consumer demands within assigned categories
- Source new suppliers and manufacturers globally, ensuring adherence to quality, ethical, and sustainability standards
- Attend trade shows, exhibitions, and supplier meetings to identify innovative products and build strong vendor relationships
- Evaluate product samples, specifications, and pricing to determine suitability for the target market
- Develop and maintain a diverse and appealing product assortment that meets customer needs and company objectives
- Lead negotiations with suppliers on pricing, payment terms, delivery schedules, minimum order quantities, and exclusivity agreements
- Build and maintain strong, collaborative relationships with key suppliers
- Monitor supplier performance, ensuring adherence to agreed-upon terms and quality standards
- Resolve any supplier-related issues, such as quality discrepancies or delivery delays
- Develop and manage buying budgets, ensuring adherence to financial targets and profitability goals
- Forecast sales and demand for assigned products, working closely with planning and supply chain teams
- Monitor stock levels, identify slow-moving or overstocked items, and implement strategies for clearance or markdown
- Analyze sales data, market trends, and competitor activities to make informed buying decisions
- Manage product lifecycle from introduction to discontinuation
- Work cross-functionally with Merchandising, Marketing, Operations, E-commerce, and Store Operations teams
- Provide product knowledge and training to sales and store staff
- Communicate effectively with internal stakeholders regarding product performance and buying strategies
- Participate in merchandising meetings and contribute to category strategy development
- Continuously monitor competitor activities, pricing strategies, and product offerings
- Conduct market research to identify opportunities for differentiation and competitive advantage
Experience & skills
- Bachelor's degree in Business, Marketing or a related field
- Minimum of 3 years of experience as a Buyer, Assistant Buyer, or in a similar commercial role within a retail environment
- Proven track record of successful product selection, negotiation, and achieving sales/profit targets
- Strong understanding of retail operations, supply chain management, and inventory control
- Excellent negotiation, analytical, and problem-solving skills
- Proficiency in data analysis and experience with retail management software
- Exceptional communication, interpersonal, and presentation skills
- Ability to work independently and as part of a team in a fast-paced environment
- Strong organizational skills and attention to detail
- Willingness to travel for supplier visits and trade shows
- Passion for retail and interest in product development and trends
- Commercially astute with strong business acumen
- Proactive, results-oriented, adaptable and innovative
