Conduct research and surveys to ensure their team understand market trends, supplier landscapes and consumer preferences within their assigned category
Meet and discuss with shortlisted potential suppliers based on factors such as quality, reliability, costs, and sustainability. Asses and make recommendations for supplier selection.
Identify opportunities, evaluate current buying status, and negotiate with suppliers. Develop and maintain strong relationships with vendors to ensure reliable, loyalty and cost-effective sources of supply.
Analyse pricing structures and cost factors to optimize purchasing decisions. Seek opportunities for cost savings, opportunities for marketing/merchandising back margins, and negotiate favourable terms.
Monitor and manage existing inventory levels to ensure adequate stock (with consideration for seasonal sales) while minimizing excess inventory holding and associated costs.
Ensure that products or services purchased meet quality standards and specifications. Address any quality issues with suppliers immediately.
Draft, review, and manage contracts and agreements with suppliers. Ensure terms and conditions are favourable for the organization
Collaborate with other departments, such as supply chain, operations and logistics, to develop accurate demand forecasts for the category.
Come up with budgeting plans and work within budget constraints and help control costs associated with the category.
Ensure that the company makes sustains and is moving towards developing a diversified procurement efforts. Ensure the category has products that is varied in price points, appealing for a wide range of customer, and is thoughtfully curated to our customer base.
Prepare and present reports on category performance, cost savings, and procurement metrics to management.
Project category sales projections based on existing/future procurement plans. Prepare reports on projections for category turnover days.
Prepare proposals to be presented to a forum (Directors) to decide if a product should be listed/de-listed.
Requirements
Job Requirements
Minimum 3 year experience as a purchasing or category manager in any FMCG retail company
Good command of English & Bahasa Malaysia - proficiency in MS Office system is a must
Able to communicate and work well in a team
Have a deep understanding of the SOP and processes related to Purchasing / Category
Self-motivated, attentive to details and able to work in a fast-paced environment
