If you’re passionate about the world of cosmetics, excited to learn the ins and outs of retail buying, and want to make a meaningful contribution to a dynamic team, then this internship at ARC, part of Prestige Cosmetics Group, could be your stepping stone.
Based in Cape Town, this 6-month fixed-term contract will offer hands-on experience in buying and merchandising within the cosmetics industry, providing you with a strong foundation in product procurement, market research, and supplier negotiations.
Internship Opportunity Details
- Position: Commercial Buying Intern
- Location: Cape Town, Western Cape
- Department: Buying
- Employment Type: Fixed-Term Contract (6 months)
- Reporting To: Specialist Buyer
- Application Deadline: 30 November 2024
Why Choose ARC and Prestige Cosmetics Group?
Prestige Cosmetics Group has established itself as a leader in the beauty industry, known for providing high-quality beauty products and services across South Africa. With a focus on top beauty brands and cutting-edge market trends, the group offers employees a collaborative environment where learning and growth are at the forefront. As an intern in the ARC division, you’ll be exposed to a broad range of learning experiences and projects that will help you build a robust skill set in merchandising and procurement.
What You’ll Do as a Buying Intern at ARC
As a Commercial Buying Intern, you’ll play a vital role in supporting the ARC buying team with tasks that help drive financial performance, maintain product portfolios, and strengthen supplier relationships. This opportunity will enable you to work closely with experienced buyers and be involved in multiple aspects of the buying process.
Here’s a look at your key responsibilities:
Financial Performance Support
- Sales and Stock Review: Assist in examining sales and stock reports to uncover trends, providing insights that aid in decision-making.
- Presentation Preparation: Support the preparation of financial and sales reports, which are essential for internal reviews and business planning.
Product Assortment and Data Management
- Assortment Management: Help list new products and variants, ensuring that the inventory is complete and well-organized.
- Data Accuracy: Ensure all data is accurately classified and maintained, making sure all new innovations are well-documented in the asset library.
- Marketing Stock Management: Coordinate the transfer of stock between ARC marketing teams, stores, and online platforms as needed.
Supplier Relationship Management
- Supplier Meetings: Participate in supplier meetings, assisting in communication and follow-ups.
- Performance Tracking: Track supplier performance and delivery timelines, helping the team manage vendor relationships effectively.
Market Intelligence
- Market Research: Conduct market research and support competitive analysis, helping the team stay ahead of emerging trends in the beauty sector.
- Trend Identification: Assist in identifying market trends that align with ARC’s business goals.
Process Improvement
- Efficiency Initiatives: Support process improvement efforts aimed at enhancing buying efficiency.
- Tracking Development: Assist in developing tools to track supplier performance and stock levels.
Key Competencies You’ll Develop
This internship will allow you to build the following essential competencies:
- Analytical Skills: You’ll analyze sales and market data, helping the team make data-driven decisions.
- Attention to Detail: Managing product data and supplier performance will hone your detail-oriented approach.
- Communication: Regular communication with suppliers, internal teams, and stakeholders will strengthen your interpersonal skills.
- Adaptability: Working in a fast-paced retail environment will help you adapt and thrive under pressure.
- Commercial Awareness: You’ll gain insights into the beauty industry, learning to think commercially about product selection and customer preferences.
- Planning and Organising: From stock management to reporting, you’ll learn valuable planning skills.
- Initiative: Proactive involvement in various tasks will teach you to take initiative and bring forward ideas.
Who Should Apply?
To be eligible for this internship, you should:
- Be currently pursuing a Commerce Degree or a related field.
- Have a strong interest in buying, merchandising, or retail.
- Possess basic analytical skills and be proficient in Microsoft Office.
- Be able to thrive in a fast-paced environment, willing to learn and take on new challenges.
- Have an eagerness to receive feedback, turn learnings into actions, and grow professionally.
How to Apply
If you’re ready to take your career in cosmetics and retail buying to the next level, apply today! Make sure your CV is up-to-date, highlighting relevant experience or coursework, and include a strong cover letter that outlines your interest in the role and your career goals in retail or buying.
If you have a passion for cosmetics, a sharp eye for details, and an interest in developing skills in retail buying, this internship is ideal for you. With hands-on experience in financial analysis, assortment management, supplier communication, and market research, you’ll gain real-world insights and skills that will set you apart in the beauty and retail industry. The Commercial Buying Intern role at ARC is your chance to learn, grow, and make valuable contributions to a leading cosmetics brand.
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This is an opportunity to be part of an inspiring team, where you’ll learn from experts in the field and build a foundation for a successful career in retail buying and merchandising.