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.

The role of Junior Buyer in Canada is expected to witness significant growth in the market. Over the past 10 years, the job role has seen a steady increase in demand and is projected to continue this trend in the future. With a strong focus on supply chain management, purchasing, and negotiation skills, Junior Buyers are becoming indispensable in various industries. According to Google, there will be a substantial number of employment opportunities available for aspiring Junior Buyers, as companies recognize their importance in driving cost savings and operational efficiency. Overall, the future looks promising for individuals pursuing a career as a Junior Buyer in Canada.

How to Learn

As a Junior Buyer with 0-3 years of experience in Canada, your main responsibilities include:<ul><li> Conducting market research to identify potential suppliers, compare prices, and analyze product quality.</li><li> Assisting in the negotiation and finalization of contracts with suppliers, ensuring favorable terms and conditions.</li><li> Monitoring inventory levels, placing purchase orders, and tracking delivery schedules to maintain adequate stock levels.</li><li> Collaborating with cross-functional teams, such as sales and operations, to forecast demand, optimize inventory, and support business objectives.</li></ul>

Roles & Responsibilities

Average take home Salary for a Junior Buyer in Canada is around C$46486 per year

Salary Breakup

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.

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Junior Buyer

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