Buyer Technology
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Posted on:
10 hours ago
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1 Vacancy
Job Summary
Buyer Technology
Location: Richmond BC
Job Type: FullTime
Job Type: FullTime
Who We Are
At London Drugs were more than just a retail storewere a communitydriven 100% Canadianowned company that believes in going above and beyond for our customers and our team. We pride ourselves on delivering exceptional service while fostering a supportive growthoriented environment.
Our Technology Buying team plays a key role in shaping the products our customers discover every day. As Buyer Technology youll lead the development of a compelling product assortments build strong vendor partnerships and ensure we deliver products that meet customer needs while supporting our financial goals. This role requires strong merchandising judgment financial acumen and the ability to collaborate effectively across Planning Pricing Space Planning Supply Chain and Marketing to drive category performance.
Our Technology Buying team plays a key role in shaping the products our customers discover every day. As Buyer Technology youll lead the development of a compelling product assortments build strong vendor partnerships and ensure we deliver products that meet customer needs while supporting our financial goals. This role requires strong merchandising judgment financial acumen and the ability to collaborate effectively across Planning Pricing Space Planning Supply Chain and Marketing to drive category performance.
Staying current on market trends and responding to evolving customer demand is essential in this role. Buyers translate customer insights and market trends into profitable commercially viable assortments that drive sales margin and customer satisfaction across the retail network.
What Youll Do
Product Selection & Assortment Planning
- Develop and maintain product assortments for assigned categories balancing customer needs market trends and financial objectives
- Research and identify new products brands and vendors to enhance assortments and drive competitive differentiation
- Conduct market analysis and competitive shopping to identify pricing assortment and merchandising opportunities
- Partner with Planning on assortment breadth and depth decisions based on sales potential inventory constraints and space allocation
- Manage the product lifecycle from introduction through discontinuation including seasonal transitions and endoflife planning
Vendor Management & Negotiation
- Build and maintain strong partnerships with vendor partners to secure favorable terms exclusive products and promotional support
- Negotiate costs payment terms minimum order quantities and promotional funding to optimize margin and inventory investment
- Evaluate vendor performance including fill rates quality lead times and service levels addressing performance issues as needed
- Attend trade shows vendor meetings and industry events to discover new opportunities and strengthen vendor relationships
Financial Management & Margin Optimization
- Partner with the Pricing team on everyday pricing promotional pricing and markdown strategies
- Manage OpentoBuy in collaboration with Planning to balance inventory investment with sales opportunities
- Analyze category performance including sales margin inventory turns and GMROI
- Identify opportunities to improve profitability through assortment optimization pricing strategies or cost initiatives
Promotional Planning & CrossFunctional Collaboration
- Secure vendor promotional funding and cooperative advertising support
- Partner with Marketing on promotional messaging imagery and campaign execution
- Collaborate with Space Planning on category layouts planograms endcaps and seasonal merchandising sets
- Work closely with Planning Pricing Supply Chain and other partners to support forecasting allocation and vendor compliance
- Provide accurate product information to support item setup reporting and data integrity
What You Bring
- Retail buying or merchandising experience with strong product knowledge and merchandising judgment
- Proven vendor negotiation skills and ability to build productive longterm partnerships
- Solid understanding of retail financial metrics including margin inventory turn GMROI and OpentoBuy
- Strong analytical skills with proficiency in Excel
- Ability to manage multiple priorities in a fastpaced retail environment
- Strong communication collaboration and organizational skills
- Postsecondary education in Business Marketing Procurement or a related field (an asset)
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 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 information outlines the general nature and level of work for this role and is not intended to cover all responsibilities or requirements.
Please note that London Drugs does not use thirdparty recruitment services.
London Drugs may collect use and disclose personal information provided during the application process as reasonably required to assess candidacy manage the employment relationship or conduct reference checks.
To protect yourself be cautious of unsolicited job offers and do not share personal or financial information with unverified individuals or websites.
Compensation: $72000.00 - $92000.00 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 8000 staff dedicated to providing our customers with a superior shopping experience.
We are committed to making a positive impact on the world and the communities we operate in. From responsible sourcing packaging take-back and in-store recycling centres we invest in making our practices more environmentally sound and continue to look for better greener ways to do business.
We believe our employees are our greatest asset and we are committed to fostering a vibrant and inclusive workplace where every team member can thrive. Our supportive culture encourages creativity and collaboration allowing you to make a meaningful impact on our customers experiences. Together we celebrate diversity innovation and a shared passion for delivering exceptional service making London Drugs not just a place to work but a place to grow and succeed.
