Purchasing Analyst

Description

Job Summary: Responsible for market analysis, supplier negotiation, and purchase management for resale, aiming for optimal cost-effectiveness and margin. Key Highlights: 1. Plan and execute product purchases for resale, optimizing product mix and demand. 2. Monitor sales, inventory, and margin indicators to support strategic decision-making. 3. Analyze market trends and consumer behavior. Responsible for conducting market analysis, negotiating with suppliers, and managing purchases of products intended for resale, ensuring optimal cost\-effectiveness, availability, and profit margin for the company. **Key Responsibilities:** Plan and execute product purchases for resale according to the defined product mix and store/unit demand. Conduct quotations, price negotiations, delivery timelines, commercial terms, and logistics arrangements with suppliers. Monitor sales performance, inventory turnover, and profit margin indicators to inform purchasing decisions. Track the product lifecycle (entry, shelf life, and exit) to prevent overstock or stockouts. Analyze market trends, consumer behavior, and competition, suggesting new products or adjustments to the product mix. Register and maintain up-to-date product and supplier information. Attend trade fairs, events, and technical visits to prospect new suppliers and business opportunities. Track purchase orders through to delivery, ensuring adherence to agreed timelines and quality standards. Collaborate with Commercial, Logistics, Finance, HR, and Marketing departments to align strategies and promotional activities. Support the preparation of management reports and presentations for decision-making. **Required Qualifications:** Bachelor’s degree in Business Administration, Logistics, Economics, Engineering, or related fields. Prior experience in procurement, preferably within retail or distribution companies. Supplier negotiation expertise. **Technical Skills:** Advanced Excel. Basic understanding of pricing and resale margin calculation. Knowledge of inventory turnover analysis and ABC curve analysis is a plus.