What is the job?

Responsible for buying activities including merchandise planning, pricing and sales management, inventory management, and vendor management.

Responsibilities

1. Merchandise Planning:- Analyze consumer buying patterns and predict future trends based on e-commerce sales big data.

• Source targeted assortment from existing and new suppliers based on wish lists.- Negotiate supply prices to obtain competitive pricing.
• Review performance indicators such as sales, discount levels, traffic, and conversion rates.
• Write reports and forecast sales levels on a weekly and monthly basis for owning categories.

2. Pricing, Inventory, and Sales Management:

• Manage product pricing and inventory to balance sales and margin.
• Own product P&L and responsible for margin.- Participate in promotional activities and collaborate with the store ops team to drive merchandise sales.

3. Vendor Management:-

• Meet suppliers and negotiate contract terms.
• Maintain relationships with existing suppliers and source new suppliers for future products.
• Contact suppliers to order, schedule, or expedite deliveries and resolve shortages, missed or late deliveries, and other issues.

4. Team Leadership:

• Develop and implement departmental or group strategic goals based on company strategy, planning and implementing annual/quarterly/monthly development objectives to ensure sustainable business growth.
• Oversee the full category as a buyer, providing training, management, and communication to team members to ensure the growth of each business line.
• Explore market opportunities and continuously introduce and manage suppliers, ensuring the continuous supply

Job Requirements

Requirements/Qualifications(must have):

• 5+ years of sourcing/purchase/retail experience in relevant categories
• Proven international business development experience
• Fluent in Chinese and English
• Strategic thinking and execution ability, goal-oriented, able to deliver results in dynamic environments
• Strong data analysis skills, proficiency in Microsoft Office, and expertise in sales analysis and forecasting