Description

A Junior Buyer is responsible for assisting the Senior Buyer in the procurement of goods and services for a company. They work closely with vendors to negotiate prices, terms, and delivery schedules to ensure that the company obtains the best possible value for its purchases. Junior Buyers also maintain relationships with suppliers, resolving any issues that may arise and ensuring that orders are fulfilled on time and to the company's specifications. In addition, they are responsible for analyzing market trends and supplier capabilities to identify potential risks and opportunities for the company. Junior Buyers may also assist in creating and maintaining vendor databases, preparing purchase orders, and tracking inventory levels to ensure that the company always has the necessary supplies on hand. They must possess strong analytical and negotiating skills, as well as excellent attention to detail and the ability to work under pressure. Junior Buyers should also have good communication and interpersonal skills, as they will be working closely with both internal and external stakeholders. They should be comfortable working both independently and as part of a team and be able to prioritize and manage multiple projects simultaneously. A Bachelor's degree in business, supply chain management, or a related field is typically required for this role.

Roles & Responsibilities

As a Junior Buyer with 3-6 years of experience in the AE, your main responsibilities include:

  • Source and evaluate potential suppliers, negotiate contracts, and manage relationships to ensure a reliable supply chain.
  • Analyze market trends, conduct product research, and make informed purchasing decisions to meet business needs and optimize costs.
  • Collaborate with internal stakeholders such as sales, production, and logistics teams to forecast demand, plan inventory levels, and coordinate timely deliveries.
  • Monitor supplier performance, resolve any issues or disputes, and ensure compliance with procurement policies and procedures.

Qualifications & Work Experience

The Junior Buyer will be accountable to assist the procurement team with buying, sourcing, and negotiating deals for the goods and services required by the company. They investigate possible suppliers, evaluate prices and quality, and keep precise record of all purchases. Junior Buyers also keep track of the level of inventory, monitor the delivery times, and address any issues with suppliers that might occur. They collaborate closely with internal and external stakeholders as well as vendors to ensure efficient and timely procurement processes. The role of Junior Buyer demands an analytical and strong background, attention to detail, as well as excellent ability to communicate and negotiate.

Essential Skills For Junior Buyer

1

Negotiation

2

Strategic Sourcing

3

Procurement Analysis

Career Prospects

The role of a Junior Buyer is crucial in the field of procurement and supply chain management. With a work experience of 3-6 years in the AE, professionals can explore several alternative roles. Here are four options to consider:

  • Procurement Specialist: A role that focuses on analyzing market trends, identifying potential suppliers, negotiating contracts, and managing supplier relationships.
  • Inventory Analyst: A position that involves monitoring and optimizing inventory levels, conducting demand forecasting, and implementing inventory control strategies.
  • Category Manager: A role responsible for developing and executing category strategies, identifying cost-saving opportunities, and managing supplier performance.
  • Supplier Relationship Manager: A position focused on building and maintaining strong relationships with suppliers, ensuring contract compliance, and resolving any issues that may arise.

How to Learn

The job role of a Junior Buyer in the United Arab Emirates is expected to witness steady growth in the market. A 10-year analysis indicates a positive trend in the demand for this position. With the region's thriving economy and increasing focus on international trade, the need for skilled Junior Buyers is projected to surge. According to current data from Google, employment opportunities in this field are likely to increase significantly in the coming years. This growth can be attributed to the expansion of industries, such as retail, manufacturing, and e-commerce, which require Junior Buyers to efficiently manage procurement processes and maintain supply chain activities.