Product Acquisition Specialist
23 hours ago
We are seeking a skilled Product Acquisition Specialist to join our team. The ideal candidate will conduct thorough market research to identify high-potential products, evaluate suppliers, and perform detailed analysis to ensure competitive pricing and market demands.
Main Responsibilities:
- Market Research: Conduct in-depth research of global markets to identify high-demand products that align with business needs and consumer trends.
- Supplier Evaluation: Identify and evaluate potential suppliers, establish strong relationships, and negotiate favorable terms for product procurement.
- Cost Analysis: Analyze import costs, including shipping, customs duties, taxes, and other relevant fees, to ensure profitability.
- Vendor Management: Maintain ongoing communication with suppliers 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 Forecasting: Provide actionable insights based on market research to help predict sales potential and product demand.
- Reporting: 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.
- Excellent communication and negotiation skills.
- Ability to work independently and as part of a cross-functional team.
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