Buying Assistant
Current- Managed a portfolio of over 3,000 SKUs across 10 physical retail stores and 1 online store, generating approximately CAD 1.1 million in monthly sales- Negotiated favorable terms with suppliers, including discounts, delivery timelines, and promotional offers, resulting in improved profit margins and streamlined procurement processes- Collaborated with the visual merchandising and supply chain teams to design shelf displays and select products for 2 new flagship store launches, ensuring optimal product assortment and presentation- Conducted market research and pricing analysis to maintain competitive pricing strategies, keeping products relevant and maximizing sales opportunities- Contributed to the supply chain efforts, securing over 80% of the top 50 best-selling products with > 30 days of stock each month, ensuring consistent product availability and minimizing stockouts- Worked cross-functionally with suppliers, logistics, and the sales team to coordinate inventory planning, allocation, and replenishment to stores, ensuring product availability while avoiding overstock situations- Analyzed sales data by SKU and store to identify trends and optimize product placement, leading to increased sales performance and better inventory management- Identified and sourced potential Asia products and suppliers, negotiating terms to bring new, high-quality products into the market- Monitored supplier performance to ensure adherence to contract terms and maintained accurate records of purchasing activities, including purchase orders, invoicing, and receipts- Handled shipment discrepancies, managed product returns (RTVs), and facilitated the clearance of slow-moving inventory, minimizing losses and improving inventory turnover
