The Costing & Purchasing Executive supports the development of procurement strategies by monitoring inventory movement and reconciling supplies with established procedures. The incumbent also supports the overall contractor selection process by analysing proposals and draft contracts based on established supplier selection processes and criteria.
Planning
- Deliver budgeted sales and margin targets at category level
- Determine merchandise gaps within each category and source products to fulfil category requirement
- Deploy organisation's procurement activities based on established product specifications and customer needs
- Collaborate with internal stakeholders to facilitate payment processes to suppliers
- Manage suppliers to ensure quality, pricing and delivery objectives are met
Inventory
- Monitor stock level and keep healthy inventory
- Clearance and management of ageing and discontinued stock
- Management of slow moving product and excess inventory lines
- Constant analysis of stock situations to ensure immediate rectification of overstock and understock situations
- Analyse draft proposal and/or procurement specifications to ensure alignment with procurement requirements
SKILLS, EXPERIENCE COMPETENCIES REQUIRED
- Diploma in Supply Chain Management, Logistics/Business Management, or any related field
- Possess 1-2 years of relevant experience
- Good communication, organizational and interpersonal skills to coordinate with all levels of stakeholders
- Able to work in a fast pace environment
- Self-motivated and able to show responsibility in managing the team
- Strong analytical mind and ability to plan for maximizing efficiency