People
Passion
Opportunity
Junior NPD Buyer
Listing reference: click_008905
Listing status: Closed
Apply by: 15 September 2022
Position summary
Industry: FMCG & Supply Management
Job category: Merchandising
Location: Cape Town
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
Job Purpose:
To identify new private label opportunities within Beauty and then develop the products within the required legislative standards and financial targets thereby creating a competitive advantage to grow market share and overall profitability
Job description
Job Objectives:
· To support the NPD Buyer by reviewing Private Label market trends; identify opportunities and conduct gap analysis, in line with good, better, best product principles in order to provide input into the development of the category operating plan.
· To source from local and international suppliers, prepare detailed briefs and ensure a fair tender process is followed to deliver innovation and increased profitability in Private Label.
· To plan, execute and monitor product development projects according to the NPD Process in line with the critical path to meet the category Private Label objectives and targets.
· To be responsible for quality, health and safety across all Private Label product development by adhering to legislation and NPD approval process to protect the Brand reputation and financial impact on the business.
· To develop creative Private Label products that have innovative attributes to ensure competitive advantage and create brand loyalty to increase market share and profitability.
· To support the NPD Buyer by briefing and developing packaging in line with the Brand strategy.
· To provide status updates on product development projects in order to ensure product launches are on time.
· To collate Private Label training material through suppliers for the Sales Management team to train in stores.
· To collate information and score supplier capabilities against core criteria to assist with development and management of strategic supplier partnerships.
· To support the NPD Buyer to achieve the Private Label profitability targets through effective cost price negotiations, margin and stock management prior to Private Label product launches.
Knowledge:
Essential:
· Knowledge of beauty trends and industry
· Knowledge of margin calculations and of buying business processes
· Knowledge of consumer protection act and product legislation
Desirable:
· Knowledge of new product development and of product quality and standard development procedures
Skills:
Essential:
· Ability to analyze and interpret data
Desirable:
· Ability to negotiate with overseas vendors
Competencies:
· Planning and Organising
· Coping with Pressures and Setbacks
· Persuading and Influencing
· Creating and Innovating
· Entrepreneurial and Commercial Thinking
Minimum requirements
Experience:
Essential:
· 1 – 3 years buying experience in a health / beauty / FMCG / retail environment
Desirable:
· New product development experience
Education:
· National Diploma in Retail Management / Purchasing
Kindly note only applicants who meet the minimum requirements will be contacted.
All positions will be filled in accordance with our Employment Equity plan. We also encourage people with disabilities to apply.
