Job Description
Job Description :
The candidate will be responsible & supporting Category Buyer for buying operations through Product Sourcing, vendor identification, evaluation, and selection for Furniture Department.
Vendor and Product Research
- Keep abreast of the latest trends in buying and assess realign the existing processes
- Support to identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation
Vendor Management
- Support in developing an adequate vendor base for the company through attending Fair & Exhibitions
- Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
- Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end users
- Identify, evaluate and suggest appropriate vendor mix to achieve business objectives
Order Management
- Place orders for the new items and initiate repeat orders for the category based on the Buying plan and Planogram. Ensure merchandise is delivered as per the plan based on the agreed service level agreement.
- Follow up with Supplier for Production and Packaging status
- Support Category Buyer to implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow
Market & Competition study
- Market & competition study in categories he is responsible and suggests new product ranges accordingly