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Purchasing Officer
4 months ago
JOB SUMMARY
Minimum Requirements Relevant Degree in Business and / or Supply Chain Professional qualification in supply chain is a plus Knowledgeable on purchasing functions with a minimum of 3 years experience preferably within retail Good knowledge of purchasing, negotiation, commercial understanding and cost breakdown Able to add value, reduce costs and input to business improvements A good understanding of the retail market is a plus Be able to meet strict and dynamic deadlinesSkills and competencies: Analytical & Logical Thinker Attention to detail Drive for Execution Commercial Acumen Self-motivated Honesty and integrity Tech Savvy
RESPONSIBILITIES
Purpose Effectively manage the supply chain/buying of goods from the suppliers and timely delivery to the warehouses at the best prices, in the right quantities and in time to maximize Kyosk's offering to the market. Professionally cultivate and nurture relationships with suppliers.Roles and Duties Payment management: Prepare LPOs from all warehouses for approval by Purchasing manager as per product movement. Send LPOs to the relevant suppliers and confirm deliveries; Follow and ensure minimal lead times for deliveries as per the LPOs. Purchasing: Ensure all the buying targets are met by following up with the warehouses for completion and achievement. Follow up with the accounts to ensure rebate payments are achieved. Negotiate for best-trading terms, margins and discounts Stock Management: Monitor stock levels in the warehouses and advice accordingly. Initiate prior stocking up for high seasons-eg Back to school, Christmas, End months. Add new items on the catalog/inventory; update inventory prices as needed. Supplier management: Update supplier agreement files and documents. Communicate expiries, damages and obsolete goods to suppliers for solutions; Handle official meetings with vendors. Compare and double-check market prices to ensure the best deals. Review opportunities to make business savings utilizing negotiation and purchasing best practice tools and methods. Data Management: Analyze data and reports; Keep accurate records of the purchases made in the business. Prepare relevant purchasing reports and meeting minutes; Reconcile purchases with Finance at the end of the month. Compile data relating to supplier performance to enable evaluation. Market Analysis: Continuous monitor market trends, competitor strategies, market suppliers to ensure alignment and know-how of the current market and industry trends; Work seamlessly with other relevant departments for the goal of the company. Any other duties within the purchasing department as assigned by the Purchasing Manager.
REQUIRED SKILLS
Market research, intelligence, Stock taking and inventory accounting, Purchasing, Integrity
REQUIRED EDUCATION
Bachelor's degree