Buyer Assistant

4 hours ago

Singapore Toys 'R' Us Full time $40,000 - $80,000 per year

The role of the Buyer Assistant is to provide administrative support to a Buyer and manages a wide variety of tasks related to the products in their defined categories. The Buyer Assistant plays a key role in the activation of marketing and operational initiatives and is a key point of contact for both internal and external stakeholders.

Category Maintenance:

  • Manage the creation and maintenance of SKN information in the system accurately.
  • Manage Price changes – mark ups, mark downs, new everyday retails, clearance.
  • Manage product recalls and compliance orders.

Credit Allowance & Vendor Management:

  • Compile Vendor data for setup and update system to reflect any changes in Vendor trading terms.
  • Maintain Funding spread sheet, coordinate Credit Allowance process, maintain CA Database and follow up for approvals where required.
  • Investigate and resolve vendor price and invoice discrepancies.
  • Attend and note take at vendor meetings.
  • Negotiate with Vendor to secure trading terms and funding as required.

Marketing – Catalogues, Campaigns and Special Deals:

  • Work with Inventory Control to ensure stock availability and respond with urgency to any Inventory changes.
  • Maintain, update and review catalogue proofs on a weekly basis to verify item image, pricing, financials, and other details.
  • Update Promotional Database with correct information for Catalogues, EDM, Flyers, Press Ads and other Temporary Price Change campaigns.
  • Investigate and rectify any promotional Price discrepancies.
  • Analyse Post-Campaign reporting including inventory levels by week of the promotion.
  • Market research on prices and catalogues.
  • Acquire and save all product images for marketing usage and acquiring samples for photography as required.
  • Suggest product offers and projections for promotional campaigns.
  • Review submissions for Accounting issues – keep track of products in promotional offers, particularly in back-to-back promotions to ensure compliance with legislative requirements and escalate concerns with urgency.
  • Create and maintain Vendor promotional plans.
  • Create item submissions for flyers and catalogues on behalf of Buyer where required.

Store Communications and Store Planning:

  • Develop and submit information for Store Bulletins, clar i fying details of weekly promotional deals, price changes, sales assistance material, ranging, visual merchandising etc.
  • Liaise with stores as a main point of contact regarding category queries including top and bottom sellers; customer queries; visual merchandising; price changes and discrepancies, spare parts or product concerns; non-scanning items, catalogue/promotions queries.

General Reporting and Administrative support:

  • Analyze Aged Inventory reports and suggesting mark downs/new retails.
  • Complete and update Product safety and Compliance checking processes as required.
  • Manage samples as required by Buyer.
    Leading or supporting other projects and duties as required from time to time.

Job Requirements:

  • Diploma in Retail / Business or equivalent.
  • Preferably one year experience in retail.
  • Intermediate to advanced Microsoft Office Skills.
  • Meticulous and good numerical sense.
  • Good communication skills.
  • Interested in toys/juvenile products, resourceful and a good team player.
  • Able to multi-task and work under pressure in a fast-paced environment.

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