
Buying Unit Head
11 hours ago
DMK Consultancy, Pakistan
Responsible for sourcing products and managing vendors (local and foreign), develop profitable and quality complying suppliers. Managing diverse team of buyers and analysts.
General Responsibilities:
- Defining buying cycle and forecasting market trends in concerned categories for the successive years
- Identifying, Preparing and planning for each buying season
- Analyzing consumer behavior and recommending change in strategies accordingly
- Developing Planograms and display strategies and ensuring implementation
- Planning for risk mitigation and quality assurance for each lot
- Item and Vendor Selection
- Determine regional distribution of items' quantities
- Tracking and reporting key functional metrics to reduce expenses and improve effectiveness
- Vendor portfolio management: Cost and trade terms negotiation
- Planning for transit times for each location
- Perform cost and scenario analysis, and benchmarking
- Present monthly financials and progress to Management
- Regularly reviewing performance indicators, such as sales and discount levels;
- Managing plans for stock levels
Knowledge & Skills
- Proven working experience as purchasing manager or sourcing agent
- Familiarity with sourcing and vendor management
- Acute knowledge of developments in market with regards to product and trends
- Knowledge of urban buying trends and preferences (both Karachi and Punjab)
- Exposure of attending international trade fares and expos
- A knack for negotiation and networking
- Ability to gather and analyze data and to process numbers
- Strong leadership capabilities
- Demonstrated understanding of seasonal preferences, competitors, health and any other risks with regards to products, quality standard
Qualification
Minimum graduation, preferably in supply chain or logistics, from a reputable institute.
Experience
Minimum 10 years' experience in buying or distribution of plastic ware, kitchen & cook ware, decoration items, crockery, home appliances, gifts, preferably with a renowned modern retail trade brand.
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