Overview

• Salary

  3,500 SGD ~ 4,800 SGD

• Industry

  Retail, Retail/Distribution(Other)

• Job Description

  Our client is a leading retail company in Asia, specializing in health products. They are currently seeking a Buyer to join their team. In this role, you will be responsible for supporting the development and execution of key strategies related to stock control, product cataloguing, pricing policies, and merchandise promotions.
  
  【 Responsibilities 】
  
  Consumers
  - Understand consumers' needs and wants, and analyze their evolving shopping and buying patterns to increase sales and market share, for both online & offline markets
  - Keep abreast with market/customer trends and respond appropriately, and anticipate/forecast future trends to make insightful buying decisions, bearing in mind the change/switch in shopping behavior between online and offline markets
  
  Product
  - Source for new brands and products; review existing merchandise to ensure competitiveness, both O+O
  - Manage the entire acquisition process for new products; from sourcing, and negotiating prices and terms of the contract
  - Manage plans for stock levels, pre-empt and respond to changes in demand and supply, and logistics-related challenges
  - Work closely with relevant internal and external parties on activities to build brand awareness of new products, rejuvenate sales of slow-moving products, and drive sales for existing products.
  - Perform regular competitor analysis, both O+O, to generate new ideas, increase intelligence, and determine price points.
  
  Supply/Vendor Management
  - Source for new suppliers/vendors, manage 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
  
  Sales/Profitability of Merchandise
  - Conduct regular reviews of key performance indicators to keep abreast with the latest market situations
  - Manage the ROI of space to ensure the achievement of targets for the financial year
  - Grow category sales; maximize margin to ensure profit growth
  
  Stock Management
  - To ensure shelf & inventory on the store level are adequately stocked
  - To perform monthly stock reconciliation