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A retail company in Kuala Lumpur is seeking a candidate to manage product sourcing and vendor relationships. The role involves monitoring inventory levels, analyzing consumer trends, and implementing promotional activities to boost sales. Candidates should have experience with vendor negotiations and a good understanding of stock management practices. This position will play a critical role in maintaining product quality and ensuring availability at retail outlets.
The Food Merchant – Kuala Lumpur, Kuala Lumpur
To research, review and evaluate existing and new lines of products/brands in order to meet department needs.
Involve in sourcing, negotiating and decision making to select the appropriate vendors/suppliers based on price offered, quality of products, distribution costs and other factors.
To maintain good relationship with existing vendors/supplier and work closely with them to develop best promotions in order to boost sales in retail outlets hence achieve profit target set by the Company.
To communicate and work closely with Store Managers, Area Manager and other related parties during planning and purchasing process with existing and/or new vendors/suppliers on existing and/or new range of products.
To recognize and analyse consumer buying trends and future patterns.
To review level of current inventory and replenish accordingly.
To monitor daily sales and initiate promotional activities in order to maximise sales and GP
To initiate Best Practice of stock management in order to minimize out of stock (OOS), stock loss and ensure availability of stock at all time.
To ensure fast-moving goods are replenished within reasonable time frame while slow moving items are replenish-able on time.
To maintain and control appropriate flow of stocks including to ensure good quality of products received in a timely manner.
To maintain and control all display products are available and in excellent quality (including expiry).
To maintain and control department cleanliness and always displays price tag at the correct products.
To manage and train staffs as necessary especially in chilled & frozen items.
To have knowledge in meat & seafood cutting skill hence able to make recommendations to customers to boost sales.
To perform any other ad-hoc tasks as assigned by Management from time to time.