Product Acquisition Specialist

23 hours ago


Lahore, Punjab, Pakistan Jade Group Full time
Job Description:

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:

  1. Market Research: Conduct in-depth research of global markets to identify high-demand products that align with business needs and consumer trends.
  2. Supplier Evaluation: Identify and evaluate potential suppliers, establish strong relationships, and negotiate favorable terms for product procurement.
  3. Cost Analysis: Analyze import costs, including shipping, customs duties, taxes, and other relevant fees, to ensure profitability.
  4. Vendor Management: Maintain ongoing communication with suppliers to ensure product quality, timely delivery, and compliance with company standards.
  5. Competitive Intelligence: Continuously monitor competitors' products, pricing, and market trends to adjust sourcing strategies.
  6. Sales Forecasting: Provide actionable insights based on market research to help predict sales potential and product demand.
  7. Reporting: Prepare detailed reports on product feasibility, market trends, supplier evaluations, and cost analysis.

Requirements:

  1. Bachelor's degree in Business, International Trade, Marketing, Economics, or a related field.
  2. 2+ years of experience in product sourcing, market research, or international trade.
  3. Strong research and analytical skills, with the ability to interpret complex data and trends.
  4. Proficiency in Microsoft Excel and other data analysis tools.
  5. Excellent communication and negotiation skills.
  6. Ability to work independently and as part of a cross-functional team.


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