Buyer
Current- Improve the sellout by securing good deals with the suppliers.- Improve the profitability and achieve the margin required target.- Purchase the highest quality merchandise at the lowest possible price.- Plan forecast and report on sales and business performance, according to category requirements.- Maintain, implement purchasing instructions, policies, and procedures.- Coordinate and implement advertising and promotional initiatives.- Monitor changes affecting supply and demand, tracking market conditions, price trends etc.- Maintain records of goods ordered and received.- Acquire a healthy stock with a suitable volume for each item to avoid any over or out of stock.- Build positive relationships with suppliers and manage their performance.- Work on supplying a suitable variety of products according to the understanding of market needs.- Monitor the market prices and the competitor activities and act according to it.- Coordinate with all departments to provide better customer experience.- Increase the customer loyalty and gain more market share.- Forecast the demand, evaluate inventory levels, and release the needed orders.- Negotiate directly with vendors to get the best possible pricing and payment options.- Analyze the impact of pricing changes for goods and services.- Initiate cost adjustment claims and following up with vendors to secure execution.- Coordinate activities of personnel engaged in buying, selling, and distribution.