Buying Strategist
2 weeks ago
Seri Kembangan, Selangor, Malaysia
Kim Hin Joo (M) Berhad
Full time
Job DescriptionWe are seeking a highly skilled Buying Strategist to join our team at Kim Hin Joo (M) Berhad. As a Buying Strategist, you will play a crucial role in driving the success of our company by ensuring that all Distribution brands' product range/assortment, pricing, channel segmentation, and promotion planning, execution, monitoring and post-analysis is managed for optimal sales revenue and profit.
Key Responsibilities:
- Ensuring that all Distribution brands' product range/assortment, pricing, channel segmentation, and promotion planning, execution, monitoring and post-analysis is managed for optimal sales revenue and profit
- Consistent & frequent updates of offline and online trends & movements, so as to be at the forefront of all consumer activities, browsing & purchase behaviour, related products/brands, opportunities, threats, etc.
- Work with Marketing, Sales, VM to ensure alignment of all buying & merchandising strategies across all brands, categories, channels
- Trade/market/competitor monitoring and analysis (Mothercare, trade customers' stores, new channels and Competitors) on a regular basis to proactively understand and execute product assortment, pricing, store presentation, competitors, retail landscape strategies effectively
Requirements:
- Diploma in a related field and at least 3 years of buying experience
- Well-versed in Microsoft Office, especially Microsoft Excel. Good worksheet skills to generate structured reports and effective analysis
- Able to speak in English, Bahasa Malaysia and Mandarin
- Resonates with core company values of 'Nurture', 'Honour' and 'Unite' with 'Integrity'
- Demonstrates initiative, interpersonal skills, problem-solving, communication skills
- Demonstrates creativity, integrity, passion, and self-motivation
- Ability to make effective decisions, meet targets and work under pressure, and manage workload with little direction
- Has a commercial mindset, uses tact and diplomacy when negotiating
- Absorbs and assesses information quickly and accurately
- Enjoys dealing with people, whether by phone or in person
- Knowledge of key business drivers (e.g. pricing, promotion, assortment, margins)
- Knowledge of financial retail calculations – OTB, markdowns, margins, product life-cycle