Merchandise Buyer
Posted on :
18-10-2024
Employer Active
1 Vacancy
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Job Description
Merchandise Buyer
This position is responsible for overseeing the procurement and purchasing of merchandise sold within the parks retail outlets. This role involves managing vendor relationships negotiating contracts analyzing market trends and ensuring that the merchandise selection aligns with the parks brand and target audience.
- Identifying and selecting suppliers or vendors for merchandise procurement based on quality cost and delivery timelines.
- Negotiating terms of purchase including prices payment terms and delivery schedules with suppliers to ensure favorable terms for the company.
- Follow required tendering procedures per company and owners policies.
- Managing the procurement process which involves creating purchase orders coordinating with suppliers and ensuring timely delivery of merchandise.
- Developing and implementing purchasing strategies to optimize costs while maintaining product quality.
- Building and maintaining strong relationships with suppliers to foster collaboration resolve issues and explore opportunities for cost savings or product improvements.
- Monitoring inventory levels and collaborating with inventory management teams to maintain optimal stock levels while minimizing excess inventory and stockouts demand and coordinating restocking activities.
- Ensuring that purchased merchandise meets quality standards and specifications set by the company including conducting quality inspections when necessary.
- Conducting market research to stay informed about industry trends competitor pricing and new product offerings to make informed purchasing decisions.
- Analyzing costs associated with merchandise procurement including total landed costs to identify areas for cost optimization and efficiency improvements.
- Creating and managing budgets for merchandise procurement activities. Recommend Open to Buy levels for all categories.
- Ensuring compliance with regulations related to product safety labeling and licensing.
- Maintaining accurate records of purchasing transactions contracts and supplier agreements and ensuring compliance with company policies and procedures.
Qualifications :
- Bachelors degree in Business Administration Supply Chain Management or related field or related experience.
- Proven experience in purchasing or procurement roles preferably in the retail industry for at least 3 years.
- Strong negotiation skills and ability to build effective vendor relationships.
- Analytical mindset with proficiency in data analysis tools.
- Excellent communication and leadership abilities
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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