Makkah Hypermarket is looking for a detail-oriented Retail Store Buyer to manage purchasing decisions, supplier negotiations, and inventory planning. The ideal candidate will analyze market trends, maintain strong vendor relationships, and ensure the availability of high-quality products at the best prices.
Key Responsibilities:
Product Selection: Identify and procure merchandise that aligns with customer preferences and sales trends.
Supplier Management: Establish and maintain relationships with suppliers to negotiate competitive pricing, payment terms, and delivery schedules.
Inventory Control: Monitor stock levels, ensuring timely restocking while minimizing overstock and wastage.
Market Research: Analyze customer behavior, competitor pricing, and market trends to make informed purchasing decisions.
Cost Management: Optimize purchasing costs while maintaining quality standards and ensuring profitability.
Order Management: Prepare purchase orders, track deliveries, and coordinate with logistics teams to ensure timely arrivals.
Sales & Performance Analysis: Evaluate the performance of purchased products and adjust buying strategies accordingly.
Compliance & Quality Assurance: Ensure all products meet regulatory requirements and company quality standards.
Budgeting: Work within allocated budgets to optimize procurement and ensure cost efficiency.
Promotions & Discounts: Collaborate with the marketing team to plan seasonal promotions and discounts on selected products.
Qualifications & Requirements:
Education: Bachelors degree in Business Administration, Supply Chain Management, Retail Management, or a related field.
Experience: Minimum 2-4 years of experience in retail buying, merchandising, or procurement.
Skills: Strong negotiation, analytical, and decision-making abilities.
Technical Proficiency: Knowledge of inventory management software and retail purchasing systems.
Communication: Excellent verbal and written communication skills for supplier negotiations and team collaboration.
Flexibility: Ability to work in a fast-paced retail environment with changing product demands.
Attention to Detail: Ability to analyze reports, track sales trends, and maintain accurate records.