
Merchandise Purchaser
1 week ago
U Stars Pte Ltd is looking for a meticulous and driven Merchandise Purchaser to join our growing team. This role is crucial in ensuring a well-curated and competitively priced product assortment across our retail network. The ideal candidate should possess strong analytical skills, negotiation capabilities, and a good understanding of wholesale and retail trade dynamics.
Key Responsibilities:
- Source, evaluate, and select suppliers and merchandise across various product categories (fresh and dry goods).
- Negotiate pricing, terms, and delivery schedules with vendors to optimize cost and value.
- Analyze market trends, consumer preferences, and sales data to make informed purchasing decisions.
- Ensure stock levels are adequate to meet store demands while minimizing overstock and wastage.
- Monitor and evaluate supplier performance, maintaining strong supplier relationships.
- Collaborate with internal departments (operations, merchandising, warehouse) to ensure alignment of purchasing activities with business goals.
- Maintain accurate purchasing records and product data for reporting and analysis.
- Monitor competitor offerings and adjust purchasing strategy accordingly.
- Attend trade shows, supplier meetings, and industry events as required.
Requirements:
- Diploma in Business, Supply Chain Management, or a related field.
- At least 2 years of experience in purchasing, preferably in retail or wholesale trade.
- Strong negotiation and analytical skills with attention to detail.
- Proficient in Microsoft Excel and inventory management systems.
- Excellent communication and interpersonal skills.
- Bilingual in English and Mandarin is a plus (to liaise with Mandarin-speaking suppliers).
- Ability to multitask and work in a fast-paced environment.
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