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Procurement Specialist

4 weeks ago

London, Greater London, United Kingdom Currys Full time
Procurement Specialist Opportunity

Currys is seeking an experienced Procurement Specialist to join our dynamic team. This is a great opportunity for a skilled professional to make a real impact on our business.

We are looking for a highly ambitious and innovative Procurement Specialist with a history of delivering results and a flair for entrepreneurial spirit. You will be at the centre of all things new in Currys, bringing emerging markets to life for customers across our market-leading omnichannel platform.

The ideal candidate will have excellent negotiation skills, good judgment, and strong decision-making skills to enable the right actions for the category. They will also have excellent numerical and analytical skills to review data and provide recommendations/actions plans to drive sales, profit, and cash.

The Procurement Specialist will work closely with the New Category Senior Buyer to identify new opportunities, which they will drive through each touchpoint of the business to bring to market across our stores and website. They will need to be creative and innovative to find new ways of working outside of BAU processes and find solutions to the many barriers to launch that they will be confronted with.

Key Responsibilities:
  • Managing all category supplier relationships in line with our overall commercial supplier strategy and the category strategy
  • Harness credible relationships with our suppliers and develop a sourcing strategy to both bring customers the best ranges, supported with availability but also to minimise our NET cost of goods
  • Work with suppliers to develop a strong understanding of the future technology roadmap, enabling the category to adequately plan ahead for likely changes in customer trends and demand
  • Negotiating product ranges – cost pricing, additional terms, exclusivity, distribution, stock availability
  • Negotiating additional fixed and variable financial terms related to ranging, activity, and performance – maximising EBIT across the category
  • Negotiating promotional funding support to drive sales while maintaining margin in line with financial objectives
  • Securing adequate product and promotional differentiation from competitors to support market share growth objectives
  • Working with the returns team to ensure adequate supplier returns agreements are in place contractually to both meet customer service requirements and minimise cost exposure after sale
  • Work closely with the category planner to secure supplier support to drive additional sales and margin where opportunity for upside exists, and particularly to mitigate risks against committed financial objectives
  • Working with merchandising to ensure that we are forecasting at the right level to maximise sales and stock turn
  • Working with the Head of Merchandising and central finance teams and ensure the claiming and tracking of income against trading account targets, ensuring all due supplier funding is claimed on time in line with contractual obligations
  • Remedy all supplier issues relating to cost price, product, stock, financial claims, contractual issues, and other
  • Ensure supplier contracts are completed in line with the company DOA and pre-determined annual timetable
Requirements:
  • Buying experience working within a FMCG/Fashion or Hard Goods fast-paced retailer
  • Negotiation skills and ability to manage all supplier partnerships
  • Good judgment and strong decision-making skills to enable the right actions for the category
  • Excellent numerical and analytical skills to review data and provide recommendations/actions plans to drive sales, profit, and cash
  • Excellent inter-personal and communication skills, capable of presenting to senior stakeholders as well as working cross-functionally to achieve the desired results
  • Customer champion with excellent commercial awareness and understanding of customer needs
  • Good working knowledge of SharePoint, Teams, Excel, Word, and PowerPoint as well as MS Office workflow tools
  • Monitor internal controls and make recommendations as needed
  • Marketing/Merchandising/Retail/Business Degree
  • Experience of both the Electricals market and products
Benefits:
  • 25 days of annual leave (plus bank holiday entitlement) and a competitive pension scheme
  • Private Medical Insurance
  • Life Assurance
  • Fantastic colleague discounts on Tech with Currys and iD Mobile
  • Access to Champion Health (Wellbeing App)
  • Hybrid working (with an expectation to meet in person 2-4 times per month)