| Description | 1.Purchase the highest quality merchandise at the lowest possible price. 2.Plan, forecast and report on sales and business performance, according to company requirements. 3. Control category budgets (Sales, Profitability and stocks). 4. Maintain healthy stock turns. Develop on going liquidation plans for excess and dormant stocks to keep stock levels on targets. 5. Maintain, develop and implement purchasing instructions, policies, and procedures. 6. Plan, coordinate and implement advertising and promotional initiatives. 7. Maintain awareness of market trends in the retail industry, understanding forthcoming customer initiatives, and monitoring local competition. 8. Research and evaluate suppliers based on price, quality, selection, service, support, availability, reliability, distribution capabilities, and the suppliers reputation and history. 9. Negotiate and administer contracts with suppliers and other representatives. 10. Review catalogs, industry periodicals, directories, trade journals, and Internet sites, and consult with other department personnel to locate necessary goods and services 11.Attend meetings, trade shows, conferences, to network with potential suppliers. |
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