Associate, Buyer

* The Role
Responsible for buying activities for one of the following categories: FMCG / General Merchandise / Fashion & Accessories / Electronics. These will involve merchandise planning, pricing and sales management, inventory as well as vendor management.
* Responsibilities
1. Merchandise Planning:
- Analyze consumer buying patterns and predict future trends based on e-commerce sales big data
- Sourcing targeted assortment from existing and new suppliers
- Negotiate on supply price to get a competitive price
- Review performance indicators (e.g. sales, discount levels, traffic and conversion rate)
- Write reports and forecast sales levels on a weekly and monthly basis for owning categories
2. Pricing and sales management:
- Manage product pricing
- Own product P&L, responsible for margin
- Participate in promotional activities and work with the traffic team to develop sales for merchandise
3. Inventory Management:
- Manage timely entry and maintenance of purchase orders and final orders
- Track the status of requisitions, contracts, and orders
- Ensure availability and order of stocks proportionate to merchandise movements.
4. Vendor Management:
- Meet suppliers and negotiate terms of the contract
- Maintain relationships with existing suppliers and sourcing new suppliers for future products
- Contact suppliers in order or schedule or expedite deliveries and resolve issues