Assistant Buyer

4 days ago

Singapore POH HENG JEWELLERY (PRIVATE) LIMITED Full time

The Buyer/Assistant Buyer is responsible for raising purchase orders and maintaining procurement records. This role also assists in the sourcing of products and overall contractor selection process.

**Develop Procurement Plan, manage suppliers/sellers selection process and all procurement activities**
- Support the company’s procurement activities
- Assist in establishing working relationships with company network and external vendors
- Plan merchandise assortment considering category mix and range planning
- Formulate and propose pricing strategies and conduct comparison analysis against competitors
- Review products sell through rate and plan for replenishment
- Collaborate with marketing department to execute the promotion strategies in alignment with the product launches
- Conduct market research to stay current with the market trend and competitor strategies
- Source and work closely with suppliers on product selection, pricing and negotiations
- Analyze sales data with proposde buying strategies
- Oversee the logistics process for returning goods to suppliers, including arranging courier and managing documentation requirements
- Prepare and Manage Purchase Order to supplier/s once the procurement plan is approved
- Monitor and manage inventory level and assess supplier performance
- Conduct quality assurance checks on products upon receipt of stock from suppliers
- Perform other ad-hoc duties as assigned

**Experience Required**
- At least 5 years of relevant experience in retail jewellery is preferred but not a must.

**Qualification**
- Degree with 3 years of relevant working experience or Diploma holder with 5 to 7 year experience in Procurement or Merchandising field, preferred from similar industry but not a must.

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