Buyer (Electrical Buying)

Job Description:
Overview of the job
•Oversees daily operation of purchasing and ensures that the daily functions of the department are carried out in a timely manner in order to meet all deadlines set.
•Focuses on the budgets and targets set in order to achieve company goals.
•Responsible for constantly monitoring the buying assistant and for their career development so as to meet and exceed the departments needs.
•Negotiating with suppliers for best deals and terms and maintaining good vendor relationship.

Core Duties and Responsibilities
To increase sales and profit margin via strong negotiation with the suppliers.
To manage and maintain healthy inventories.
To maintain and update the range plan and ensure that the range constantly offers the latest technology and product as it hits the market.
To agree and finalise promotional activity with suppliers in order to boost sales and increase market share.
To reduce the aged, discontinued and slow-moving stocks to an acceptable level and negotiate, where necessary, for supplier funding to cover the potential impact on the margin.
To manage the stock levels for the relevant department and keep them within the limits set within the budget.

Secondary Duties and Responsibilities
Advise the advertising agency of the promotional lines to be featured in forthcoming ads and ensure the accuracy of the product details to be featured.
Constantly survey the market and the media for competitive activities to ensure that we maintain our competitiveness and gain market share.
To perform any other duties as required to fulfill the objectives of the department.

Requirements:
A degree in retailing or business administration.
Relevant 3 years experience in buying and purchasing in retailing, preferably in Consumer Electronics environment. (preferably has experience in buying for cookware and small domestic appliances)
Skills, Knowledge and Values
Forward-looking, resourceful and entrepreneurial in market outlook as well as top & bottom-line driven.
An eye for details.
Team player.
Excellent negotiation, interpersonal and communication skills.

Working location: Tampines

To apply, please email resume in MS WORD format attached with recent photograph to info@cmc.com.sg.