Procurement and Merchandising Specialist

7 hours ago


Singapore RISIS PRIVATE LIMITED Full time
About the Role
The Procurement and Merchandising Specialist will play a key role in managing the end-to-end merchandising process, ensuring timely procurement of goods and materials, and maintaining optimal inventory levels. This position involves close collaboration with suppliers, negotiating contracts, analyzing market trends, and working with internal teams to meet business objectives.

Key Responsibilities:
Merchandising Strategies:
Develop and execute merchandising strategies that align with business goals, including planning and managing product assortments to ensure a balance between core and seasonal products. Analyze sales data and market trends to optimize product offerings and maximize profitability. Collaborate with marketing and sales teams to develop promotional strategies and campaigns, and conduct regular market visits to monitor competitor activities and gather customer insights.

Procurement and Supply Chain Management:
Identify and evaluate potential suppliers, negotiating favorable terms and conditions. Manage supplier relationships, ensuring timely delivery and quality of goods. Monitor and forecast inventory levels to avoid stockouts and overstock situations, and coordinate with logistics and warehouse teams to streamline the supply chain process. Conduct cost analysis and seek opportunities for cost savings and efficiency improvements.

Reporting and Analysis:
Prepare and present regular reports on sales performance, inventory levels, and market trends. Analyze data to identify opportunities for improvement and implement corrective actions, and track and report on key performance indicators related to merchandising and procurement.

Requirements:
Degree in business or sales-related field, minimum 2 years' relevant experience, and ability to work well in a team. Strong analytical and problem-solving skills, hands-on approach, and meticulous attention to detail are essential. Ability to meet tight deadlines and manage multiple priorities is also required.

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