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  • Posted: Sep 1, 2021
    Deadline: Sep 16, 2021
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    Between 1992 and 1999, the business known as IBFCAgusto Training Limited, was carried out in the training divisions of two companies. In1999, it became a joint venture training business, and was later incorporated into a limited liability company (IBFCAgusto Training Limited) in 2001. Effective 1st of July 2014, consequent upon a business restructuring exerc...
    Read more about this company

     

    Lead Retail Buyer

    IBFCAlliance Ltd seeks to fill the role of a Lead Retail Buyer for one of its clients a highly innovative startup on a mission to build a transgenerational business that will be the preferred shopping destination of Nigerians offering a world class shopping experience is looking to recruit an expert level supply chain leader to join their team in Lagos (Nigeria).

    Job description

    • Develop and execute an enterprise category assortment plan, procurement, pricing and profit strategy
    • Partner with key stakeholders to translate assortment plan into a merchandising plan and store level planograms
    • Manage and review the performance of a large supplier base leveraging effective communication and building relationships that drive engagement and performance
    • Manage a large portfolio of suppliers to source products, strengthen overall product mix and create a merchandise range that meets the objectives of the organization
    • Negotiate pricing and deals that ensures enterprise competitiveness in the market and set up commercial and service level agreements with suppliers
    • Maintain company’s gross profit (GP’s) and margins per department and category
    • Ensure suppliers adhere to quality, service and best practice initiatives
    • Carry out supplier bench marking activities and provide market / competitor analysis to key stakeholders
    • Conduct supplier line reviews (to ensure that bestsellers reach their full potential and slow sellers are minimized), assortment analysis, item planning and forecasting
    • Manage supplier performance to optimize sales volume and profitability and resolve supplier queries
    • Leverage data analytics to maximize sales performance, profitability and grow market share and to identify new commercial opportunities
    • Conduct financial analysis and take proactive steps to increase profitability
    • Identify and manage risks within the supply chain
    • Support retail manager and sales team through consistent communication and product updates
    • Plan and deliver market leading, customer insight driven marketing promotions and events in conjunction with suppliers
    • Develop and lead a high performing team providing day to day coaching and feedback to ensure they exceed their targets whilst giving them the opportunity to be their best

    Minimum Qualifications:

    • A relevant Bachelor’s degree
    • A Master of Business Administration is highly desirable
    • Chartered Institute of Procurement and Supply(CIPS) certification may be beneficial
    • Advanced proficiency using Microsoft office suite

          Minimum Experience:

    • Preferably at least 6 years extensive experience as a senior buyer/procurement specialist or category manager in the retail industry
    • Previous experience in commercial and strategy functions

    Method of Application

    Interested and qualified candidates should forward their CV to: recruitment@ibfcalliance.com using the position as subject of email.

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