Key Responsibilities
Product Coordination & Reordering
- Coordinate proposals for new products, including evaluation and approval processes.
- Manage and monitor the reordering process to ensure consistent stock availability across stores and warehouse.
Price & Market Analysis
- Conduct market surveys and benchmarking to perform price comparisons and identify competitive pricing strategies.
Inventory Management
- Monitor inventory levels at warehouses and retail outlets to optimize stock levels and reduce overstock or stockouts.
Supplier Management
- Ensure timely delivery of goods from suppliers in accordance with the agreed terms and conditions.
- Establish and maintain strong working relationships with suppliers and counterparts to support business needs.
- Identify and evaluate new potential suppliers or manufacturers; conduct vendor assessments and shortlisting.
Reporting & Forecasting
- Produce and review relevant reports (e.g., sales performance, stock movement, delivery timelines).
- Collaborate with internal stakeholders to forecast product demand and adjust procurement plans accordingly.
Sales & Performance Monitoring
- Monitor and analyze sales performance of products; provide insights and recommendations for assortment adjustments.
Negotiation & Contracting
- Negotiate pricing, order quantities, and delivery schedules with suppliers to ensure value for money and reliable supply.
Requirements
- Bachelor’s Degree in Supply Chain Management, Business Administration, or a related field. Master’s degree is an added advantage.
- Minimum 4 years of experience in procurement, sourcing, or merchandising, with at least 1 years in a supervisory or assistant manager role.
- Proven track record in supplier negotiation, contract management, and cost optimization.
- Strong analytical and strategic thinking skills with the ability to interpret data and make informed decisions.
- Excellent communication, leadership, and stakeholder management skills.
- Strong attention to detail, organized, and able to manage multiple priorities under tight deadlines.