Junior Buyer

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.

As a Junior Buyer with 0-3 years of experience in Australia, your main responsibilities include:

• Conducting market research to identify potential suppliers, evaluate their products, and negotiate terms and pricing. Research and evaluate suppliers, negotiate terms and prices.
• Assisting in the creation and implementation of procurement strategies to ensure cost-effective and timely acquisition of goods and services. Help develop and implement procurement strategies for timely and cost-effective acquisition.
• Collaborating with internal stakeholders to understand their procurement needs and requirements, and provide support in sourcing and purchasing activities. Collaborate with stakeholders, understand their needs, and support sourcing and purchasing.
• Monitoring inventory levels and coordinating with suppliers to ensure on-time delivery of goods, while maintaining accurate records and documentation.

For a Junior Buyer, the following qualifications are required:

• Strong negotiation skills to effectively communicate and collaborate with vendors in order to secure competitive pricing and favorable terms.
• Excellent analytical abilities to assess supplier performance, analyze market trends, and identify cost-saving opportunities.
• Detail-oriented approach to accurately analyze and interpret purchase requisitions, specifications, and contracts, ensuring compliance with company policies and procedures.
• Proficiency in data analysis and computer skills to efficiently manage procurement systems, conduct market research, and prepare reports to support decision-making processes.

The role of a Junior Buyer is crucial in ensuring efficient procurement processes and supplier management. For individuals with 0-3 years of experience in Australia, there are several alternative roles worth considering. Here are four options:

• Purchasing Coordinator: A role that involves assisting the procurement team in sourcing and purchasing goods and services, managing supplier relationships, and coordinating delivery schedules.
• Inventory Analyst: A position focused on analyzing inventory levels, forecasting demand, optimizing stock levels, and ensuring adequate inventory availability to meet customer demands.
• Category Specialist: A role that specializes in a specific category of goods or services, responsible for sourcing, negotiating contracts, and managing suppliers within that category.
• Supply Chain Coordinator: A position that oversees the end-to-end supply chain process, including procurement, logistics, inventory management, and coordination with internal teams and external suppliers.

The role of Junior Buyer in Australia is expected to experience significant growth in the market. Over the past 10 years, there has been a consistent increase in demand for Junior Buyers, reflecting a positive trend in the job market. According to recent data from Google, this trend is projected to continue in the future, with a substantial number of employment opportunities anticipated. This suggests a promising outlook for individuals seeking careers as Junior Buyers in Australia, making it a desirable field to pursue.