- Collaboration: Partner with the Merchandise Manager to streamline both HQ and local procurement initiatives. Contribute to the creation and execution of the local procurement product matrix.
- Experience: Candidates should have demonstrated experience in managing a small team, with direct supervision of 3 to 5 personnel. Effective leadership and the ability to mentor buyers or order coordinators are essential.
- Planning: Formulate and implement local procurement product purchase budgets and action plans. Take charge of categories of textile, bags & accessories, life department, ensuring complete and efficient procurement processes. Have a good command of product pricing and gross margins.
- Resource Management: Experienced and knowledgeable in purchasing practices and supply chain management. A key part of this role is to manage vendor resources efficiently. This includes selecting vendors, negotiating purchase terms, managing contracts, and maintaining relationships to ensure a reliable supply of quality products.
- Inventory Management:Direct procurement, sample acquisition, and liaise with suppliers for product assortment decisions. Monitor inventory fluctuations, pinpointing and addressing issues promptly. Strategize and execute plans for introducing new local procurement products. Engage with suppliers to balance cost, quality, delivery efficiency, and stability of supply.
- Analysis: Oversee key performance indicators for the local procurement team. Keep track of stockouts, slow sellers, and product lifespan, suggesting and implementing optimization techniques when necessary.
- Marketing Integration: Supervise local procurement product sales projections, order processing, deliveries, and financial transactions. Facilitate the integration of marketing plans, shelving accessories, and display materials for local products in stores.
- Documentation:Regularly generate detailed reports on local procurement product performance, both weekly and monthly. Skillfully use and navigate internal systems like OA, SAP, and other relevant product-related software.
- Coordination: Collaborate with various internal teams - including HQ, warehousing, operations, logistics, finance, and marketing - to ensure smooth product integration, expense approvals, product launches, and promotional rollouts.
- Resolution: Address and resolve any complexities arising from procurement orders, ensuring prompt confirmations and proactive problem-solving.
- Duties: Undertake any other related tasks or projects as they arise.
- Bachelor's degree in business, with a strong inclination for candidates with a specialization in Supply Chain Management.
- At least 5 years of professional expertise in procurement, merchandising, or equivalent roles in the retail sector. Prior experience in the textile, bags & accessories and life department category will be considered a significant advantage.
- Advanced skills in MS Excel tailored for analytical tasks and reporting. Acquaintance with OA/SAP platforms and overseas purchasing is highly valued.
- Demonstrated ability to address and resolve challenges efficiently.
- Proficient in juggling multiple tasks concurrently without compromising on quality.
- Outstanding communication capabilities, suitable for both internal discussions and external negotiations.
- Proven track record in collaborating cross-functionally with diverse teams, spanning different geographical locations and time zones.
- Attention to detail, with a commitment to maintaining high standards of work consistently.
- Agility to pivot as per changing circumstances, maintaining composure during pressure situations, and swiftly responding to market or strategy alterations.
- Acute analytical skills, ensuring that data is not just captured but also interpreted with precision and insight.
- A constructive team member with an entrepreneurial mindset and a palpable passion for the role and industry.
- Requires occasional travel to meet business needs. The frequency and duration of travel required by work assignments, willing and able to travel both domestically and internationally as required which may include but are not limited to client site visits, industry conferences, etc.
Buyer - West Covina, United States - MINISO USA
Description
Job Title: Buyer – Life Style
Department: Merchandise Department
Location: Miniso West Covina Office
About Miniso: MINISO is a lifestyle retail brand established in 2013 with a wide range of quality, innovative and affordable products. Delighting and enhancing customers' everyday needs and experience throughout its current global network of 5,600 stores in over 105 countries. MINISO believes in exceptional customer service, adorable products and dedicates to bringing customers "MINI price, BIG surprise" when shopping at MINISO.
About the Position
Under the supervision of the Merchandise Manager, the Senior Buyer will assist Merchandise manager in overseeing several categories in merchandise procurement, product assortment, turnover, and P&L, and all the related issues with the assigned categories. You will be responsible for the performance of the category, purchase order management, inventory maintaining, replenishment to stores, preparation for the report and plan in a timely, efficient manner.
Responsibilities include, but are not limited to:
Qualifications: