Job Responsibilities
1. Product Sourcing & Supplier Management
- Source new products, collections and suppliers locally and internationally to meet the company's business needs.
- Research market trends, customer preferences and competitors to identify new product opportunities.
- Identify, evaluate and shortlist potential suppliers based on product quality, pricing, reliability and production capabilities.
- Establish and maintain good relationships with suppliers and manufacturers.
- Request product samples, quotations, catalogues and product specifications for evaluation.
2. Purchasing & Procurement
- Plan and execute product purchasing based on sales performance, stock levels, market demand and company requirements.
- Negotiate with suppliers on product costs, payment terms, minimum order quantities (MOQ), lead times and shipping arrangements.
- Prepare and issue purchase orders (PO) in accordance with the company's purchasing procedures.
- Monitor purchase orders and follow up with suppliers on production progress, shipment schedules and delivery timelines.
- Ensure purchased products meet the agreed specifications, quality standards and budget.
3. Product Selection & Assortment Planning
- Develop suitable product assortments that align with OBJET's brand positioning, target customers and pricing strategy.
- Identify new product categories, seasonal collections and trending items to expand the product range.
- Evaluate product suitability based on design, functionality, quality, selling price and profit margin.
- Review existing product performance and recommend product replacement, discontinuation or replenishment.
- Ensure a balanced product mix across different categories.
4. Costing & Pricing Management
- Prepare product costing analysis, including purchase costs, freight, duties and other related expenses.
- Calculate recommended retail selling prices and gross profit margins.
- Ensure product purchasing decisions meet the company's target profit margins.
- Compare supplier quotations and identify opportunities for cost savings.
- Monitor market pricing to maintain competitiveness.
5. Inventory & Sales Performance Monitoring
- Monitor stock levels, stock turnover and inventory movement.
- Analyse sales reports to identify fast-moving, slow-moving and non-performing products.
- Plan replenishment purchases to minimise stock shortages and overstock situations.
- Coordinate with the Inventory, Warehouse and Retail Operations teams to ensure effective stock planning.
- Review product performance and purchasing trends to support future buying decisions.
6. Reporting & Coordination
- Prepare regular sourcing, purchasing and product performance reports.
- Maintain an updated supplier database, product costing records and purchasing documentation.
- Coordinate with Marketing and Retail Operations teams on new product launches and promotional activities.
- Perform other purchasing and merchandising-related duties as assigned by management.
Pay: RM2,500.00 - RM3,500.00 per month
Benefits:
- Free parking
- Maternity leave
- Opportunities for promotion
Work Location: In person