Job Description

Position Overview: The Retail Procurement Team Member is responsible for supporting the procurement and sourcing of goods and services to meet the needs of a retail business. This role ensures that products are purchased at competitive prices, maintained in adequate stock, and aligned with the company's quality standards. The team member works closely with suppliers, internal teams, and retail management to optimize purchasing operations and enhance supply chain efficiency.

Key Responsibilities:

1. Supplier Relationship Management:

Identify and establish relationships with reliable suppliers and vendors.

Negotiate pricing, terms, and contracts to secure the best deals for the organization.

Maintain positive, long-term partnerships with suppliers.

2. Inventory Management:

Monitor stock levels to ensure optimal inventory without overstocking or understocking.

Coordinate with warehouse and retail staff to track product demand and manage restocking efficiently.

Forecast future inventory needs based on historical sales data and trends.

3. Purchasing & Sourcing:

Evaluate, select, and purchase quality products that meet the company's standards and customer expectations.

Source new products that align with market trends and customer preferences.

Coordinate with the finance team to process orders, track deliveries, and resolve any discrepancies.

4. Quality Control:

Perform regular checks to ensure product quality meets organizational and industry standards.

Coordinate with vendors on quality assurance and product defect issues.

5. Data Analysis & Reporting:

Analyze procurement data to identify cost-saving opportunities and improve procurement practices.

Prepare reports on purchasing activities, cost savings, and stock levels for management review.

Use insights from sales and purchasing data to inform future sourcing strategies.

6. Compliance and Risk Management:

Ensure all procurement activities comply with company policies and legal regulations.

Mitigate risks related to supply chain disruptions and pricing fluctuations.

Qualifications:

Bachelor's degree in Business Administration, Supply Chain Management, or a related field.

Experience in procurement, sourcing, or supply chain management, preferably in a retail setting.

Strong negotiation and relationship-building skills.

Proficiency in Microsoft Office and ERP systems.

Analytical skills and attention to detail.

Skills and Competencies:

Strong organizational and multitasking skills.

Ability to work effectively in a fast-paced, team-oriented environment.

Excellent communication and interpersonal skills.

Problem-solving abilities and decision-making skills.

Working Conditions:

Primarily based in an office or retail environment, with occasional travel to meet with suppliers or conduct inventory checks at warehouse locations.

This role is ideal for someone who is detail-oriented, proactive, and has a strong understanding of the retail procurement process. It offers a dynamic environment with the opportunity to contribute significantly to the company's supply chain efficiency and retail success.

Job Type: Full-time

Pay: ?21,000.00 - ?30,000.00 per month

Benefits:

• Provident Fund

Schedule:

• Day shift
• Fixed shift

Supplemental Pay:

• Yearly bonus

Experience:

• total work: 2 years (Required)

Work Location: In person