eCommerce Buyer

UPPER SPRING CONSULTING PTE. LTD.; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading FMCG consultancy in Singapore is seeking an eCommerce Buyer to enhance their product range and sales strategy. The ideal candidate will manage supplier relationships, analyze market trends, and optimize inventory to meet consumer demands. Applicants should have at least 2 years of relevant experience in retail merchandising within the FMCG industry, possess strong negotiation skills, and be proficient in data analysis.

Qualifications

• Minimum 2 years of experience in retail merchandising/product development.
• Self-starter with high energy and integrity.
• Resourceful and commercial-focused.

Responsibilities

• Analyze consumer needs and shopping patterns.
• Manage acquisition process for new products.
• Conduct competitor analysis for pricing strategies.
• Ensure inventory levels are adequate.

Skills

Data analysis

Relationship building

Negotiation

Market trend foresight

Education

Diploma in Business Management/Sales & Marketing

Tools

MS Office

Job description

We are representing our client, an established FMCG retailer, to look for an eCommerce Buyer to complement the existing team.

Job Description

Consumers

• Understand consumers’ needs and wants, analyse their evolving shopping and buying patterns to increase sales and market share.
• Keep abreast with market/customer trends and respond appropriately, and anticipate/forecast future trends to make insightful buying decisions, bearing in mind the change/switch in shopping behaviour between online and offline markets.

Product

• Source for new brands and products; review existing merchandise to ensure competitiveness.
• Manage the entire acquisition process for new products; from sourcing, negotiating of prices and terms of contract.
• Manage plans for stock levels, pre-empt and respond to changes in demand and supply and logistics-related challenges.
• Work closely with relevant internal and external parties on activities to build brand awareness of new products, rejuvenate sales of slow moving products and to drive sales for existing products.
• Perform regular competitor analysis to generate new ideas, increase intelligence and to determine price points.

Supply/Vendor Management

• Source for new suppliers/vendors, and manage existing suppliers/vendors, ensuring quality service is delivered at all times.
• Ensure suppliers provide quality and safe products.
• Negotiation with suppliers for better product assortment, better costing and support for A&P programs.
• Build strong relationships with vendors, focusing on vendor management, brand acquisition and development.

Sales/Profitability of Merchandise

• Conduct regular review of key performance indicators to keep abreast with latest market situations.
• Manage the ROI to ensure achievement of targets for financial year.
• Grow category sales; maximize margin to ensure profit growth.

Stock Management

• Ensure inventory level is adequate.
• Perform monthly stock reconciliations.

Requirements

• At least a Diploma in Business Management/Sales & Marketing or relevant discipline.
• At least 2 years of relevant experience in retail merchandising/product development from the FMCG industry.
• A confident self-starter with a high level of drive, energy, integrity and professionalism.
• Ability to analyse and interpret data/information.
• Good foresight in market trend.
• Good in relationship building & networking (especially with suppliers, vendor & team).
• Resourceful & commercial focused.
• Sourcing and negotiation skills.
• Proficient in MS Office applications and reporting.