Order and Sales Forecasting:Periodically forecast orders and sales to align with business objectives.
Sales Budget Management:Manage the sales budget, including merchandise planning and developing buying strategies aligned with the marketing plan for existing and new brands and product categories.
Stock Management:Ensure optimal stock levels, preventing out-of-stock situations and managing slow-moving items within target ranges.
Buying/Merchandising Process:Oversee the sourcing and procurement of products to meet retail and operational needs.
Supplier Relationship Management:Establish and manage relationships with suppliers while implementing effective category tactics.
Pricing and Product Range Management:Review pricing strategies and manage the ongoing product range to optimize sales.
Negotiation and Coordination:Handle negotiations and coordination of buying and merchandising activities.
Administrative Oversight:Manage administrative tasks, including processing Purchase Orders, monitoring delivery schedules, and liaising with relevant parties on delivery commitments.
Promotion Planning:Plan promotions and arrange merchandise displays to enhance product visibility.
Sales Monitoring:Monitor sales performance and propose action plans to achieve sales and gross profit targets.
Requirements:
Minimum 1 year work experience as buyer in retailing or similar job function
Preferable prerequisite experience in toiletries, beauty/cosmetic relevant industries
Able to work independently and work under pressure
Possess good interpersonal skills and able to operate as a good team player
Computer literate, particularly in the use of MS Office – Word, Excel & Powerpoint
Fluent in English and Mandarin – written and spoken will be an added advantage
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