Sourcing & Procurement: Identify, evaluate, and onboard reliable vendors and suppliers for retail merchandise.
Negotiation: Negotiate commercial terms, cost prices, volume discounts, and delivery schedules to maximize margins.
Inventory Planning: Monitor sales data, seasonal trends, and stock movement to forecast demand and prevent stockouts or overstocking.
Order Management: Oversee the generation of purchase orders, track shipments, and coordinate timely deliveries to warehouses or retail outlets.
Vendor Performance: Conduct regular reviews of supplier performance regarding product quality, delivery accuracy, and pricing competitiveness.
Cross-Functional Coordination: Work closely with the sales, merchandising, and finance teams to align purchasing budgets with store demands.