Buyer, General Merchandise
July 12 2024
Industries
Retail
Categories Retail,
Richmond, BC • Full time
Benefits:
- Bonus based on performance
- Employee discounts
- Opportunity for advancement
Not just a job…
a community
a partnership
a team
You'll experience them all at London Drugs. As one of Canada's fastest-growing and most successful retail chains, we know what it takes to build a satisfying career. We are seeking innovative, customer focused people to join our team!
Our Richmond Head Office currently has opportunities for:
Buyer - General Merchandise
This position will report directly to the Senior Vice President, Merchandising.
This position will report directly to the Senior Vice President, Merchandising.
We are excited to hire an experienced buyer to add to our General Merchandise team and further build our leadership and management potential for anticipated future growth. We place a high focus on supporting our team members development and look to reward the high performers. There is great potential for advancement opportunities for those individuals who excel in this role and are looking to grow their career.
We are looking for someone with retail buying experience within one of our three main divisions in General merchandise.
These include:
We are looking for someone with retail buying experience within one of our three main divisions in General merchandise.
These include:
- Food, Confectionary, and Beverages
- Health, Beauty and Wellness
- House, Hardware, and Home furnishing
When making purchasing decisions, the Buyer must consider the following factors:
- Customer demand, including price, quality and availability
- Market trends
- Store policy
- Financial budgets.
Keeping up to date with market trends and reacting to changes in demand are key elements of the role. Buyers source new merchandise and review existing items to ensure products remain competitive. By fully understanding customer needs, they are able to maximize profits and provide a commercially viable range of merchandise at competitive prices.
RESPONSIBILITIES:
The Buyer's function encompasses all aspects of the buying cycle, i.e. product selection, inventory management, advertising, training and any other function required to increase sales, revenues, and results for the company, such as:
- Travel throughout Canada, the United States, Europe or Asia on business as required.
- Attend local and International tradeshows to select and assemble a new collection of products, and to stay abreast of industry standards. These shows may include ISM, Expo West, IHS, NACDS, ECRM, Fancy food show, SPOGA, Canton Fair, Ambiente as well as other beauty and health shows.
- Meet with vendors and negotiate contracts and promotions.
- Maintain relationships with existing vendors and source new vendors for future products.
- Enhance profit opportunities through areas such as rebates, cash discounts, and promotional allowances.
- Review and evaluate performance indicators, such as sales and discount levels.
- Be cognizant of all relevant product trends, the significance of such trends and their possible impact on London Drugs.
- Track and analyze trends in consumer buying patterns to determine which products should be sold.
- Maintain vendor lists, company reports, assessments of achieved results, inventory turns, gross margins achieved, and return on investments.
- Test sample products, and to report the results of such tests.
- Oversee management of minimal defective returns.
- Review all product records and correct any errors or omissions as they occur.
- Ensure stock levels can support all store inventory requirements and promotions by liaising with store personnel to ensure supply meets demand.
- Liaise with other departments within the organizations to ensure projects are completed.
The successful candidate will have the following:
- Good communication skills, both written and verbal
- Adapts easily to change.
- Strong analytical and strategic thinking skills.
- Sound judgment and ability to effectively problem solve as required
- Ability to work quickly and accurately under pressure.
- Highly organized and able to multitask effectively and work under changing priorities.
- Ability to relate to all levels of personnel.
- Ability to exercise professional judgment, delegate and follow-up.
- The ability to conceptualize, analyze, organize, and plan
- Ability to maintain the confidentiality of London Drugs as well as a corporate image
- Proven abilities of inventory management
Starting pay will fall within the salary range indicated and may vary based on job-related experience, knowledge, and education.
We offer the potential to earn significant bonuses based on your ability to meet sales, margin, inventory, and contribution goals as well as other performance metrics.
We offer advancement opportunities through our promote-from-within policies, as well as the following comprehensive benefits program:
We offer the potential to earn significant bonuses based on your ability to meet sales, margin, inventory, and contribution goals as well as other performance metrics.
We offer advancement opportunities through our promote-from-within policies, as well as the following comprehensive benefits program:
- Comprehensive medical, dental, prescription drug and vision coverage for you and your family (Ensuring you and your family are taken care of)
- Employee Discount Program (Sharing our success)
- Employee Recognition Program (Tangible rewards for great work!)
- Company matched RRSPs (Helping you plan for your future)
- Ongoing In-House Training & Education Courses (Lifelong learning)
- Employee Family Assistance Program (Free confidential counseling)
- Community Involvement (Giving back to our communities)
If you possess the necessary skills and expertise and would like to join an exciting team of professionals,
Apply Now!
London Drugs is an equal opportunity employer dedicated to building an inclusive and diverse workforce. We are committed to building a company that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be.
We will provide accommodations during the recruitment process upon request.
The above statements are intended to describe the general nature and level of work applicable to this position and are not intended to be an exhaustive list of all responsibilities, duties and skills required. Be advised, London Drugs DOES NOT use third party recruitment services.
London Drugs may collect, use, and/or disclose your personal information (including the information in this application) where it is reasonable for establishing, managing or terminating an employment relationship. This includes the use or disclosure of your personal information to persons inside or external to our organization, for the purpose of checking references or gathering other information to support an assessment of your candidacy.
To protect yourself, do not respond to unsolicited job offers from individuals or e-mail addresses, and never disclose any sensitive details about your identity (including personal or financial) to anyone you do not know or trust or on any unverified website, or website you do not trust.
Compensation: $70,000.00 - $95,000.00 per year
London Drugs is 100% Canadian owned and is focused on local customers' satisfaction. Across Alberta, Saskatchewan, Manitoba and British Columbia, London Drugs' 79 stores employ more than 8,000 staff dedicated to providing our customers with a superior shopping experience.
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