Merchandise Purchaser

4 days ago


Singapore BMM SUPERMARKET PTE. LTD. Full time
Roles & Responsibilities

Job Summary:

The Merchandise Purchaser is responsible for the strategic procurement of goods, ensuring optimal product availability, competitive pricing, and high-quality standards. This role involves analyzing market trends, building strong supplier relationships, and managing inventory levels to meet customer demand in the dynamic Singaporean market.

Key Responsibilities:

Supplier Relationship Management:

* Identify, evaluate, and select reliable suppliers.

* Negotiate favorable pricing, terms, and delivery schedules.

* Maintain strong relationships with existing suppliers and develop new partnerships.

* Assess supplier performance and ensure compliance with quality and ethical standards.

Procurement and Inventory Management:

* Analyze sales data and market trends to forecast demand and determine purchasing needs.

* Place purchase orders and monitor delivery schedules to ensure timely product availability.

* Manage inventory levels to optimize stock turnover and minimize stockouts or overstocking.

* Utilize inventory management systems to track and manage stock levels.

Market Analysis and Trend Monitoring:

* Conduct market research to identify emerging trends, new products, and competitive pricing.

* Analyze competitor activities and pricing strategies.

* Stay informed about industry regulations and import/export procedures in Singapore.

Product Selection and Quality Control:

* Select products that meet customer demand and company quality standards.

* Evaluate product samples and ensure adherence to quality control procedures.

* Address any product quality issues with suppliers.

Cost Management:

* Monitor and control purchasing costs to maximize profitability.

* Identify cost-saving opportunities and negotiate favorable terms with suppliers.

* Maintain accurate records of purchases and expenses.

Job Requirements:

* Diploma or Bachelor's degree in Business Administration, Supply Chain Management, or any related field.

* Proven experience in merchandise purchasing, preferably in the wholesale or retail industry.

* Strong negotiation, communication, and interpersonal skills.

* Excellent analytical and problem-solving abilities.

* Knowledge of market trends and supplier networks in Singapore.

* Proficiency in inventory management software and Microsoft Office Suite.

* Ability to work independently and as part of a team.

* Knowledge of import and export regulations within Singapore is a large plus.

* Ability to communicate in English.

Tell employers what skills you have

Market Research
Supplier Relationship Management
Microsoft Office
Supplier Performance
Quality Control
Trend
Ability To Work Independently
Inventory
Cost Management
Purchasing
Market Analysis
Procurement
Inventory Management
Supply Chain Management
Pricing
Turnover
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