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Acquisition Specialist

3 weeks ago

Singapore beBeeAcquisition Full time $60,000 - $80,000

Job Title: Acquisition Specialist

Role Overview

The role of an acquisition specialist involves identifying and procuring suitable merchandise that aligns with the company strategy and customer needs. This includes purchasing products based on market trends, seasonality, and sales performance.

Responsibilities:
  • Purchasing & Product Selection

  • Select products aligned with company strategy and customer preferences

  • Conduct product evaluations and manage sample approvals

  • Supplier Management

  • Negotiate best pricing, payment terms, and delivery timelines with suppliers locally and internationally

  • Monitor supplier performance and ensure compliance with quality standards

  • Inventory Planning

  • Monitor inventory levels and coordinate with logistics and warehouse teams for timely replenishment

  • Work closely with the sales team to understand fast-moving products and plan stock accordingly

  • Market & Sales Analysis

  • Analyze market trends, sales data, and customer preferences to optimize product selection

  • Recommend pricing strategies based on cost, competition, and profitability

  • Documentation & Compliance

  • Prepare and process purchase orders, shipping documents, and relevant records

  • Ensure all imports comply with regulatory and safety standards

Requirements
  • Education & Experience

  • Diploma/Degree in Business, Supply Chain, Retail Management, or a related field

  • At least 2-3 years of relevant experience in retail buying, preferably in household or lifestyle products

  • Skills & Competencies

  • Strong negotiation, communication, and interpersonal skills

  • Good command of English