
Product Sourcing Analyst
7 days ago
Job Overview
">We are seeking a highly motivated Product Sourcing & Market Research Analyst to join our dynamic team. The ideal candidate will be responsible for conducting thorough research to identify high-potential products for import, evaluating suppliers, and performing detailed market analysis to ensure that our imported products remain competitively priced and meet market demands.
Main Responsibilities:
">- Product Research and Sourcing: Identify high-demand products that align with business needs and consumer trends by researching global markets.
- Market Research and Analysis: Conduct in-depth market research to understand customer preferences, pricing strategies, and competition.
- Costing and Profitability Analysis: Analyze import costs, including shipping, customs duties, taxes, and other relevant fees, to ensure profitability.
- Vendor and Supplier Relationship Management: Identify and evaluate potential suppliers, maintain ongoing communication to ensure product quality, timely delivery, and compliance with company standards.
- Competitive Intelligence: Continuously monitor competitors' products, pricing, and market trends to adjust sourcing strategies.
- Sales and Market Forecasting: Provide actionable insights based on market research, helping to predict sales potential and product demand.
- Reporting and Presentation: Prepare detailed reports on product feasibility, market trends, supplier evaluations, and cost analysis.
Requirements:
">- Bachelor's degree in Business, International Trade, Marketing, Economics, or a related field.
- 2+ years of experience in product sourcing, market research, or international trade.
- Strong research and analytical skills, with the ability to interpret complex data and trends.
- Proficiency in Microsoft Excel and other data analysis tools.
- Experience with market research tools (Google Analytics, SEMrush, etc.) is a plus.
- Excellent communication and negotiation skills.
- Ability to work independently and as part of a cross-functional team.
Desired Skills:
">- Knowledge of international trade regulations, shipping logistics, and import/export operations.
- Familiarity with cost modeling and pricing strategies.
- Previous experience in sourcing products and managing vendor relationships.
- Ability to work under pressure and meet deadlines.
Why Work with Us?
">- Competitive salary and benefits package.
- Opportunity to work in a fast-paced, growing company.
- Collaborative and supportive work environment.
- Career growth and development opportunities.
Job Type: Full-time, Part-time, Temporary
Salary: Rs30,000.00 - Rs70,000.00 per month
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