What are the responsibilities and job description for the Grocery Buyer position at Retail Options?
Our grocery buyer is responsible for selecting, purchasing, and managing inventory of grocery items for a retail store, by negotiating prices with suppliers, analyzing sales trends, ensuring quality standards, and coordinating product deliveries to maintain optimal stock levels while maximizing profitability for the store; essentially acting as the primary point of contact for sourcing grocery items for the store's shelves.
Key responsibilities
- Market research :
Stay updated on market trends, new products, and competitor pricing to identify potential items to stock.
Build and maintain relationships with vendors, negotiate pricing, payment terms, and delivery schedules.
Evaluate product quality, specifications, and customer demand to choose the best items to stock.
Monitor stock levels, forecast demand, and place orders to maintain optimal inventory without overstocking.
Determine retail pricing based on cost, market competition, and profit margins.
Collaborate with marketing teams to develop promotional strategies and pricing for featured items.
Inspect deliveries to ensure product quality meets standards and address any issues with suppliers.
Track sales data to identify trends, adjust orders based on customer demand, and identify slow-selling items
Evaluate and introduce new products to the store, including merchandising and marketing support
Required skills and qualifications :
Specialization options :