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Description
What are we looking for?
As a Buyer, he/she will support the development and implementation of key strategies to maximize own brand sales and achieve planned profit targets through stock control, cataloguing, pricing policy and merchandise promotions.
What awaits you?
1. Consumers
- Understand consumers’ needs and wants, analyze their evolving shopping and buying patterns to increase sales and market share
- Keep abreast with market trends and respond appropriately, and anticipate/forecast future trends
2. Products
- Manage new product launch; review existing merchandise to ensure competitiveness
- Manage the entire acquisition process for Own Brand range; from product development, launch, pricing & promotion
- Manage stock level from forecasting to adjustment in response to operational needs to ensure optimal supply
- Work closely with relevant internal and external parties on activities to build brand awareness of new products, rejuvenate sales of slow moving products and to drive sales for existing products
3. Supplier/Vendor Management
- Source for new suppliers / vendors, manage with existing suppliers/vendors ensuring quality service is delivered at all times
- Ensure suppliers provide quality and safe products
- Negotiation with suppliers for better product assortment, better costing and support for A&P programs.
- Build strong relationships with vendors, focusing on vendor management, brand acquisition and development
4. Sales / Profitability
- Conduct regular review of key performance indicators to keep abreast with latest market situations.
- Manage the ROI of space to ensure achievement of targets for financial year
- Grow category sales; maximize margin to ensure profit growth
5. Stock Management
- To ensure shelf & inventory on store level are adequately stocked
- To perform monthly stock reconciliations
We Are Excited About You If You Have:
- Diploma/Degree in Business Management/Sales & Marketing
- At least 2 years of relevant experience in retail merchandising/product development, attained in a fast-paced FMCG or challenging retail environment
- A confident self-starter with a high level of drive, energy, integrity and professionalism
- Assertive, self-motivated, committed, determined, diligent and trustworthy
- Results oriented, resourceful, resilient, proactive, and able to work under pressure and tight deadlines
- Ability to strive in a fast-paced, high volume and dynamic environment
- Ability to analyse and interpret data/ information
- Team player
- Commercial Awareness
- Good foresight in market trend
- Good in relationship building & networking (esp with suppliers, vendor & team)
- Resourceful & commercial focused
- Proficient in MS Office applications
- Analytical and Numeric Skills
- Sourcing skills
- Negotiations Skill
- Time Management Skills
- Decision making and problem solving skills
- Good Communication and Interpersonal skills
- Reporting skills