Role Overview:
MYM Recruitment are working with our client Pharmacy Supplies Ltd are seeking an experienced and commercially minded Buyer to join our Beauty & Pharmacy team. The successful candidate will be responsible for managing product categories, negotiating with suppliers, driving commercial performance, and ensuring optimal stock availability. A key aspect of this role is proactively identifying, sourcing, and onboarding new brands and suppliers that align with customer needs, market trends, and business growth objectives.
Key Duties and Responsibilities:
Buying & Category Management
- Develop and implement category buying strategies for Beauty and Pharmacy product ranges, with a key focus on new and emerging beauty trends.
- Manage product selection, pricing, promotions, and assortment planning to maximise sales and profitability.
- Analyse sales performance, market trends, customer insights, and competitor activity to inform buying decisions.
- Forecast demand and work closely with supply chain teams to ensure appropriate stock levels and minimise out-of-stocks.
- Monitor inventory performance and take corrective actions to optimise stock turn and reduce excess inventory.
- Lead supplier negotiations on pricing, trading terms, promotional support, and rebate agreements.
- Manage supplier relationships to ensure strong commercial partnerships and service levels.
Brand & Supplier Sourcing
- Proactively identify and source new beauty, wellness, healthcare, and pharmacy brands that support business growth and customer demand.
- Research emerging trends, innovative products, and new market opportunities within the beauty and pharmacy sectors.
- Attend trade shows, industry events, supplier meetings, and networking opportunities to identify potential brand partnerships.
- Evaluate prospective suppliers and brands based on commercial viability, product quality, compliance requirements, and strategic fit.
- Lead the onboarding process for new suppliers, working cross-functionally with regulatory, finance, operations, and marketing teams.
- Build and maintain a pipeline of potential new suppliers and brand opportunities.
- Present business cases and recommendations for introducing new products and brands.
- Commercial & Cross-Functional Collaboration
- Work closely with Marketing to develop promotional plans and successful product launches.
- Partner with Operations and Supply Chain teams to ensure smooth product availability and supplier performance.
- Collaborate with Finance to achieve margin, sales, and profitability targets.
- Ensure all products and suppliers meet relevant regulatory, quality, and compliance standards.
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Essential Criteria:
- Proven experience in a Buying, Category Management, or Procurement role, preferably within Beauty, Pharmacy, Health & Wellness, FMCG, or Retail.
- Strong track record of supplier negotiation and relationship management.
- Experience sourcing and developing new supplier and brand partnerships.
- Excellent commercial acumen with strong analytical and numerical skills.
- Ability to identify emerging trends and translate them into profitable opportunities.
- Strong influencing, presentation, and stakeholder management skills.
- Proficient in Microsoft Excel and buying/planning systems.
- Strong knowledge of beauty, healthcare, pharmacy, or wellness markets is highly desirable.
- Highly proactive, with a natural curiosity for discovering new beauty brands, products and suppliers.
INDHP
Pay: £30,000.00-£35,000.00 per year
Benefits:
- Employee discount
- Free parking
- On-site parking
Work Location: In person