An Associate Buyer is responsible for assisting with the procurement of goods and services for a company. They work closely with the procurement team to identify and evaluate suppliers, negotiate contracts, and ensure timely delivery of products. The Associate Buyer also researches market trends and pricing to make informed purchasing decisions and optimize cost savings. They collaborate with various departments, such as marketing and sales, to understand their needs and requirements in order to source the most suitable products. Additionally, the Associate Buyer maintains accurate records of purchases, inventory levels, and supplier performance to support financial analysis and improve overall procurement processes. The role requires strong analytical skills to analyze data and make data-driven decisions, as well as excellent communication and negotiation skills to effectively liaise with suppliers. The Associate Buyer must stay updated with industry trends and best practices to identify cost-saving opportunities and provide recommendations. They should also be able to work both independently and collaboratively in a fast-paced environment, with strong attention to detail and ability to prioritize tasks accordingly. Ultimately, the Associate Buyer plays a crucial role in ensuring the company has the right products at the right time and at the best possible price.

According to recent data from Google, the projected growth of the Associate Buyer role in the Canadian market is expected to be positive. Over the past 10 years, there has been steady growth in this job role, indicating a promising trend. Looking ahead, there are anticipated to be increasing employment opportunities for Associate Buyers in the future. Taking into account the latest data points, it is likely that this position will continue to expand and provide ample job prospects for individuals interested in pursuing a career in this field.

How to Learn

As an Associate Buyer with 0-3 years of experience in Canada, your main responsibilities include:<ul><li> Support the procurement process by conducting market research, analyzing suppliers, and obtaining competitive quotes.</li><li> Collaborate with cross-functional teams to develop and execute procurement strategies, ensuring timely delivery of goods and services.</li><li> Assist in negotiating contracts and terms with suppliers, ensuring favorable pricing and terms for the organization.</li><li> Monitor inventory levels, track order status, and resolve any discrepancies or issues to ensure smooth supply chain operations.</li></ul>

Roles & Responsibilities

Average take home Salary for a Associate Buyer in Canada is around C$51701 per year

Salary Breakup

Associate buyers are an integral part of the logistics and supply chain department. Their main responsibility is to buy a wide range of goods and services for the company, and ensuring the best quality and at most affordable price. Associate buyers are responsible to negotiate deals with suppliers, and also identifying cost reduction opportunities, presenting them to the management team, and cooperating with suppliers to achieve the savings. The daily responsibilities of an associate buyer involve analyzing the inventory levels and future requirements, selecting suppliers placing orders and confirming them as well as expediting orders and making sure that all orders are delivered on time. In addition associate buyers are accountable for resolving invoices that are due and rectifying price discrepancies as well as handling non-conforming material and return requests to suppliers. They could also be accountable for establishing and monitoring the performance of suppliers and materials and providing monthly reports on these metrics.

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Associate Buyer

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