Buyer

Jobstreet Malaysia; Selangor; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading company in Malaysia is seeking an experienced Buyer to develop and implement effective merchandising strategies. The role encompasses managing financial planning, negotiating with vendors, and conducting sales analysis to maximize profitability. Ideal candidates should have at least 3 years of relevant experience and a strong command of financial metrics in the retail context.

Qualifications

• Minimum 3 years’ experience in Merchandising, Buying, Procurement, or Supply Chain Management.
• Strong financial acumen and proficiency in merchandising math.
• Exceptional planning and analytical skills.

Responsibilities

• Develop and implement merchandising strategies aligned with business goals.
• Negotiate with brand partners and key vendors for favorable terms.
• Conduct in-depth analysis of sales data to inform buying decisions.

Skills

Analytical skills

Planning

Communication

Creative problem-solving

Education

Diploma in Merchandising, Supply Chain Management, Business, or Finance

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

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Develop and implement comprehensive merchandising strategies that align with company objectives, brand goals, and market trends, while ensuring financial targets are achieved.

Develop and execute the annual financial planning, including sales forecasting, OTB budgeting, margin optimization, and inventory management that align with company business goals to maximize revenue growth and profitability.

Managed the end-to-end product life cycle, from planning and development to launch, performance tracking, and end-of-life management to ensure alignment with market demand, brand strategies, and financial objectives.

Drive product selection and innovation, ensuring a compelling and competitive assortment across brands, categories, and channels.

Negotiate with brand partner and key vendors to secure competitive pricing, favorable terms, and reliable delivery schedules for high-quality products.

Conducted in-depth analysis of sales data, inventory levels, market trends, consumer demand, and competitor activity to drive strategic buying decisions and optimize product performance.

Develop and implement pricing strategies and promotional campaigns to drive revenue growth and maximize profitability.

Monitor sales performance, stock levels, allocation plans, and inventory turnover to ensure product availability and operational efficiency.

Collaborate closely with brand partners, sales, marketing, and operations teams to ensure seamless execution of merchandising initiatives.

Coordinate with warehouse and operations teams to ensure timely deliveries and maintain accurate stock levels.

Build and maintain strong relationships with brand partner and key vendors to enhance product offerings, improve cost efficiencies, and drive exclusive product opportunities.

Deliver comprehensive reports and strategic buying recommendations to Senior Management on a regular basis.

Job requirements:

Minimum a Diploma in Merchandising, Supply Chain Management, Business, Finance, or a related field, or equivalent work experience.

Minimum of 3 years’ relevant experience in Merchandising, Buying, Procurement, Category Management, or Supply Chain Management, preferably within the household or lifestyle industry.

Demonstrate strong financial acumen and excellent command of merchandising and retail math, including Open-to-Buy (OTB) management.

Possess exceptional planning, analytical, and time management skills.

Ability to leverage data analytics and market insights to inform merchandising decisions and enhance business performance.

Highly organized, detail oriented and accurate.

Demonstrated strong supplier management skills.

Resourceful and creative problem-solver with a solution-driven approach.

Strong communication, interpersonal, and collaboration skills.

Proficient in Microsoft Office applications, including Excel, Word, Power Point, and Outlook.

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Your application will include the following questions:

What's your expected monthly basic salary? Which of the following types of qualifications do you have? How many years' experience do you have as a Buyer? Do you have experience in a sales role? Which of the following Microsoft Office products are you experienced with?