Procurement Manager
5 months ago
Procurement: Developing procurement strategies to ensure a steady supply of high-quality ingredients and materials while minimizing costs and risks and obtain competitively priced supplied that deliver the most value.
- Product Selection and Purchasing: Analyzing the Company needs, source and select products that meeting with the company's requirements and target market. Must negotiate with suppliers to secure favorable terms and pricing.
- Sourcing Management: Identifying, assessing and selecting potential suppliers of goods or services, negotiating terms and selecting the vendors and suppliers that best meet the Company’s need.
- Market Analysis: Analyzing market trends, price fluctuations, and supplier performance to negotiate competitive prices and reduce procurement costs. Market analysis to identify emerging trends, customer preferences, and competitive landscape.
- Vendor Management: Determine the best vendors and best deals through comparison of price, quality, availability, reliability, other contract term, distribution cost and service. Establish and maintaining strong relationships with vendors and suppliers, resolve disputes, and ensure compliance with contractual agreements.
- Merchandising Strategy: Develop and implement merchandising strategies to optimize sales and profitability. This includes assortment planning, pricing strategies, and promotional activities.
- Promotional Activities: Plan and execute promotional campaigns to drive product awareness and sales. Collaborate with marketing and sales teams to develop effective marketing collateral and promotional strategies.
- Visual Merchandising: Work closely with the visual merchandising team to create visually appealing product displays and store layouts that enhance the customer shopping experience
- Inventory Management: Monitor inventory levels and ensure adequate stock levels to meet customer demand while minimizing excess inventory. Implement inventory control measures to optimize stock turnover and minimize carrying costs.
- Performance Analysis: Track and analyze sales performance, market trends, and key performance indicators (KPIs). Use data insights to identify areas for improvement and make data-driven decisions.
- Cross-functional Collaboration: Collaborate with cross-functional teams, including marketing, sales, operations, and finance, to ensure alignment and integration of merchandising strategies with overall business objectives.
Pay: RM6,000.00 - RM8,000.00 per month
**Experience**:
- related: 5 years (required)
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