J345-Buyer

RM 7,000 - RM 7,000 / month

Checking job availability...

Original

Simplified

J345-Buyer

Kajang, Selangor

Company Highlights

Requirements

Diploma in a related field and at least 3 years of buying experience
Well-versed in Microsoft Office, especially Microsoft Excel. Good worksheet skills to generate structured reports and effective analysis
Able to speak in English, Bahasa Malaysia and Mandarin
Resonates with core company values of ‘Nurture’, ‘Honour’ and ‘Unite’ with ‘Integrity’
Demonstrates initiative, interpersonal skills, problem-solving, communication skills
Demonstrates creativity, integrity, passion, and self-motivation
Ability to make effective decisions, meet targets and work under pressure, and manage workload with little direction
Has a commercial mindset, sales tact and diplomacy when negotiating
Absorbs and assesses information quickly and accurately
Enjoys dealing with people, whether by phone or in person
Knowledge of key business drivers (e.g. pricing, promotion, assortment, margins)
Knowledge of financial retail calculations – OTB, markdowns, margins, product life-cycle
Great negotiation skills

ResponsibilitiesStrategic Responsibilities

Ensuring that all Distribution brands’ product range/assortment, pricing, channel segmentation, and promotion planning, execution, monitoring and post-analysis is managed for optimal sales revenue and profit
Consistent & frequent updates of offline and online trends & movements, so as to be at the forefront of all consumer activities, browsing & purchase behaviour, related products/brands, opportunities, threats, etc.
Work with Marketing, Sales, VM to ensure alignment of all buying & merchandising strategies across all brands, categories, channels
Trade/market/competitor monitoring and analysis (Mothercare, trade customers’ stores, new channels and competitors) on a regular basis to proactively understand and execute product assortment, pricing, store presentation, competitors, retail landscape strategies effectively

Category Planning

Set an annual budget & OTB for each brand, by category, SKU, key accounts, channels, etc.
Deliver budgeted sales and margin targets at brand, class, category and SKU level
Determine merchandise & brand gaps within each category, sourcing products to fill in gaps and opportunities in the market

Analytics

Drive the GROW, MAINTAIN and DOWNTREND category designations to create bottom-up plans to meet total area financial targets by brand, SKU
Manage total product life cycle by brand, category and SKU

Pricing

Determine pricing strategy for category/product that is to be maintained & is in line with market pricing
Integrity & movements whilst driving sales for trade customers
The buyer is the primary owner of making sure that all brands and their SKUs are competitively priced in trade partners’ stores, and in line with the market and competitors
Ensure retail price changes and promotional prices are communicated and implemented in a timely manner for maximum returns

Promotion Planning & Markdowns

Planning seasonal promotional range, bundles to optimize profit and sales
Maintaining inventory needs to support sales, brand & promotional strategies, reduce aging & dead stocks, ensure best sellers are never OOS
Margin management at RRP pricing level, and trade margins achieve budget Gross Profit and Gross Margin
Execution and implementation of promotion in-store and with all trade partners in a timely and effective manner
Work with Marketing to optimise opportunities appeal to attract the trade customer as well as the end consumer
Determine markdown strategies that ties to the planned budget
Negotiating with principal for markdown support or returns/defects

Stock

Monitor stock level and maintain a healthy inventory at all times
Clearance and management of aging and discontinued stock and brands
Management of slow-moving product and excess stock lines
Constant analysis of stock to ensure immediate rectification of overstock or understock situations
Allocation and replenishment of stock
Manage defective stocks, communicate to principal and obtain compensation

Market

Full understanding of market & brand positioning and competitor activities in all related categories, and market
Understanding new market introductions of competitors, new products or brand, and movement of brands (entry & exit)

Vendor / Principal

Attending principal brand or trade conferences as necessary and present all conference information to the team
Liaise with the principal on merchandise range, training guides, product information details, retail and cost price fluctuations, overstock and understock issues, challenges and support required, opportunities and potential new product development within the brand
Propose new brands or categories to fill in any gaps or opportunities in the total brand portfolio
Prepare and provide reports and information required by all principals as and when required
Maintaining relationships with existing suppliers and sourcing new suppliers for future products/brands, providing feedback and comments for new product development opportunities
Attending trade fairs to propose new product range or potential brands
Develop promotional plans with key vendors

Benefits

Additional Benefits

Job Types: Full-time, Permanent

Pay: Up to RM7,000.00 per month

Benefits:

Supplemental Pay:

Education:

Experience:

Language:

Work Location: In person