Junior Buyer & Merchandising Executive (Gifts, Trendy Toys & Lifestyle)

apartmentPrecious Thoughts Retail Pte Ltd placeHougang scheduleFull-time calendar_month 

We are looking for a commercially driven Junior Buyer & Merchandising Sr. Executive / Assistant Manager to support our purchasing and product development function for the gifts, toys and collectibles segment. This roles combines both creative and quantitative skillsets.

Responsibilities
  • Source and curate new product selections, brands / IPs. Coordinate with factory suppliers.
  • Monitor sales performance of product categories, analyse trends and data.
  • Manage inventory levels, replenishment, clearance. Perform stock allocation across store and online locations.
  • Follow up and through the purchasing process, handling communications, and price negotiation.
  • Collaborate with other teams on product assortment planning and product development ideas.
  • Prepare and analyse reports, assess profitability of new products, recommend improvements to drive sales performance, and support other business functions, including for events and seasonal projects.
Requirements
  • At least 2 - 3 years experience in a relevant role in the retail sector, with a track record in a merchandising / Buyer's function
  • Relevant education (degree or diploma) in Business, Marketing or Accountancy - a quantitative background in basic finance and costing analysis is required
  • Spot product and market trends to drive retail and e-commerce sales
  • Proficiency in using Microsoft Excel is a must. Including use of basic formulas to assess costs, and functions such as V look-up etc. to analyze product / inventory performance
  • Enthusiastic about curating product categories, awareness of market trends
  • Able to work under pressure and cohesively in a team
  • Willing to travel 1 - 2 times annually with the team for purchasing trips, site visits etc.

Note: Candidates with 3 years (or more) relevant experience may be considered for the Assistant Manager role. Salary will be commensurate with relevant experience and qualifications.

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