Buying Coordinator
3 months ago
Job Description:
- Vendor Coordination: Collaborate with suppliers, manufacturers, and vendors to negotiate pricing, lead times, and product availability. Maintain strong working relationships to optimize procurement processes and stay updated on industry trends.
- Product Procurement: Research and identify new furniture products based on market trends, customer demands, and our company's product assortment. Place purchase orders, monitor order status, and track deliveries to ensure on-time receipt
- Inventory Management: Regularly review inventory levels and forecast demand to prevent overstock or stockouts. Coordinate with the Inventory Management team to adjust replenishment orders and manage product allocations across store locations.
- Quality Assurance: Conduct thorough quality checks on incoming furniture shipments to ensure they meet our standards for design, materials, and workmanship. Initiate communication with vendors to address any quality-related issues and ensure corrective actions are taken.
- Data Analysis: Analyze sales data, inventory turnover rates, and customer feedback to make informed purchasing decisions. Generate reports and provide insights to management regarding product performance and recommendations for adjustments.
- Price Negotiation: Negotiate pricing, terms, and discounts with vendors to maximize profitability while maintaining competitive pricing for customers. Monitor pricing trends in the market and adjust strategies accordingly.
- Documentation and Record Keeping: Maintain accurate records of purchase orders, invoices, contracts, and correspondence with vendors. Organize and manage documentation for compliance, reporting, and reference purposes
- Collaborative Teamwork: Collaborate with various departments, including Marketing, Sales, and Store Operations, to align purchasing strategies with overall business objectives. Provide support and information as needed to ensure a cohesive and efficient operation.
**Qualifications**:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field (or equivalent work experience).
- Proven experience in purchasing, procurement, or supply chain management, preferably in the furniture or retail industry.
Competencies
- Strong negotiation skills and the ability to build and maintain vendor relationships.
- Excellent analytical and problem-solving abilities.
- Proficiency in using Microsoft Office Suite, especially Excel, for data analysis and reporting.
- Exceptional organizational skills with great attention to detail.
- Strong verbal and written communication skills.
Pay: AED2,500.00 - AED3,000.00 per month
Application Question(s):
- Are you well versed with MS Excel? What functions do you know? List it
**Education**:
- Bachelor's (preferred)
**Experience**:
- Buying Coordinator/ Purchase Assistant: 1 year (required)
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