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A retail pharmacy located in Ipoh is seeking an experienced Purchasing Manager to oversee and manage purchasing operations. The ideal candidate will drive category performance through strategic implementation, manage supplier relationships, and ensure alignment with company objectives. Key responsibilities include optimizing inventory levels and monitoring stock turnover. This role offers opportunities for professional growth and contribution to company success.
Oversee and manage purchasing operations across assigned product categories. Drive category performance by implementing strategies to increase profit margins, grow sales, and reduce out-of-stock items. Conduct regular reviews of product movement to identify slow-moving or non-performing items and develop strategies to improve performance or phase them out. Stay updated on market trends, consumer preferences, and competitor offerings, and propose new products relevant to each category. Support promotional planning and merchandising initiatives by recommending products and categories for campaigns, seasonal events, and tactical promotions.
Collaborate closely with suppliers and internal departments to ensure effective planning, negotiation, and execution of purchasing activities, including trading terms. Build and maintain strong supplier relationships to secure favorable commercial and operational agreements. Monitor stock levels and coordinate timely replenishment to maintain optimal inventory levels without overstocking. Negotiate competitive pricing, payment terms, and supplier agreements to achieve long-term cost efficiency.
Ensure purchasing activities are aligned with company strategies and category objectives. Work cross-functionally with retail, sales, and marketing teams to meet business goals. Provide category performance insights and recommendations to management for strategic decision-making. Participate in ad hoc business projects, including new product launches and expansion initiatives.
• Sales growth and profit margin improvement across categories.
• Reduction in out-of-stock rates and improved stock turnover.
• Effective management of slow-moving or obsolete inventory.
• Successful introduction of new and competitive products.
• Cost savings and favorable trading terms achieved through supplier negotiations.
• Contribution to successful promotions and seasonal campaigns.