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Who We Are Looking For?
As the eCommerce Buyer, he/she will support the development and implementation of key strategies to maximize retail sales and achieve planned profit targets through stock control, cataloguing, pricing policy, merchandise promotions. The incumbent for this role should ideally have merchandising experience, both online and offline, in a retail and/or FMCG environment.
What Awaits You:
Consumers
- Understand consumers’ needs and wants, analyze their evolving shopping and buying patterns to increase sales and market share, for both online & offline markets
- Keep abreast with market/customer trends and respond appropriately, and anticipate/forecast future trends to make insightful buying decisions, bearing in mind the change/switch in shopping behaviour between online and offline markets
Product
- Source for new brands and products; review existing merchandise to ensure competitiveness, both O+O.
- Manage the entire acquisition process for new products; from sourcing, negotiating of prices and terms of contract.
- Manage plans for stock levels, pre-empt and respond to changes in demand and supply and logistics-related challenges.
- Work closely with relevant internal and external parties on activities to build brand awareness of new products, rejuvenate sales of slow moving products and to drive sales for existing products.
- Perform regular competitor analysis, both O+O, to generate new ideas, increase intelligence and to determine price points.
Supply/Vendor Management
- Source for new supplier / vendors, manage with existing suppliers/vendors ensuring quality service is delivered at all times.
- Ensure suppliers provide quality and safe products.
- Negotiation with suppliers for better product assortment, better costing and support for A&P programs.
- Build strong relationships with vendors, focusing on vendor management, brand acquisition and development.
Sales/Profitability of Merchandise
- Conduct regular review of key performance indicators to keep abreast with latest market situations
- Manage the ROI of space to ensure achievement of targets for financial year
- Grow category sales; maximize margin to ensure profit growth
Stock Management
- To ensure shelf & inventory on store level are adequately stocked
- To perform monthly stock reconciliations
We Are Excited About You If You Have:
- Diploma/Degree in Business Management/Sales & Marketing
- At least 2 years of relevant experience in retail merchandising/product development, attained in a fast-paced FMCG or challenging retail environment, preferably in an O+O retailer setting
- A confident self-starter with a high level of drive, energy, integrity and professionalism
- Assertive, self-motivated, committed, determined, diligent and trustworthy
- Results oriented, resourceful, resilient, proactive, and able to work under pressure and tight deadlines
- Ability to strive in a fast-paced, high volume and dynamic environment
- Passionate about consumer trends and able to pro-actively be creative
- Digitally savvy & active online, especially for Health & Beauty channel
- Resourceful, a team player
- Good foresight in market trend
- Good in relationship building and networking (esp with suppliers, vendor & team)
- Proficient in MS Office applications
- Analytical and Numeric Skills
- Sourcing and Negotiations Skill
- Commercial Awareness
- Decision making and time management skills
- Problem Solving skills
- Good Communication and Interpersonal skills
- Reporting skills
- Able to build alliance with different stakeholders for executing the online and offline retail initiatives
- A good understanding of consumer behavior in the new social world both online and offline is valued
- Digitally Inclined
Why Should You Join Watsons?
Watsons is Singapore’s leading beauty and health retailer with more than 90 stores located islandwide. We inspire and enable every one of our customers to Look Good, Do Good, Feel Great every day.
We are building a culture that you will be proud to be part of. We foster an open culture of communication and innovation, readying the company to be agile for changes in the new retail age.
Why You Will Love Working Here:
- Fun and collaborative culture in a fast-paced environment with passionate and committed team members make up the Watsons Family!
- Flexible workspace with activity-based working concept that stimulates creativity, collaboration, and communication in a vibrant environment
- Equip our people with the right skills so that they can thrive and stay Fit for the Future.
- Good career growth opportunities and ongoing learning and development
- A competitive compensation package including a wide range of benefits and employee perks
- Privilege staff discount and Watsons membership points and vouchers
Are you ready to make an impact with us? Come join us for a great experience that will prepare you for even bigger challenges!
