Assisting the purchasing manager in overseeing the procurement process, including vendor selection, negotiation, and order placement.
Understanding customer demand, conducting market and price surveys, and analyzing sales trends and buying patterns.
Assisting the Purchasing Manager in developing and implementing purchasing policies, procedures, and strategies to maximize efficiency and minimize costs.
Evaluating vendors and suppliers to identify the best options based on quality, price, delivery time, and service.
Negotiating contracts and agreements with vendors and suppliers to secure the best terms and conditions for the company.
Analyzing market trends and identifying new products and suppliers that can improve the company's category assortment.
Assisting the purchasing manager to oversee the procure-to-pay (or purchasing and vendor management) processes.
Assisting the purchasing manager in creating, reviewing, and processing purchase orders. Monitoring the status of shipment orders and ensuring timely delivery of goods with suppliers. Following up with suppliers if there are delays or issues.
Assisting in negotiating prices and terms with suppliers to achieve favorable deals and reduce overall purchasing costs. Reviewing the analysis of purchasing data to identify cost-saving opportunities.
Addressing and resolving any issues related to procurement, such as discrepancies, delivery problems, or quality concerns.
Assisting in training and mentoring junior staff or new team members in procurement SOP and process.
Qualifications:
Graduate of Bachelor’s Degree in Business-related courses or relevant fields.
At least 5-10 years of experience in retail purchasing.
Experience in managing team members and mentoring junior staff.
Strong background in category and vendor management.
Extensive expertise in negotiation and assortment planning.
Background in Household, Hardware, Electronics, FMCG is advantageous, both outright and concessionaire/consignment.
Proficiency in MS Office (Excel for data analysis and record-keeping).
Knowledge of general sales and market trends in the industry.