Household Category Buyer
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Key skills for this role
About the Role
Manage household category through procurement, vendor relations, pricing strategies, and market analysis to achieve sales and profitability targets.
Key Skills for This Role
Full Job Posting
Category Management
- Handle end-to-end management of the household category (cleaning items, kitchenware, plastic goods, home essentials, etc.)
- Develop category strategies to achieve sales and profit targets
- Plan product assortment based on market trends and customer demand
Buying & Procurement
- Source and negotiate with local and international suppliers
- Ensure best purchase prices, payment terms, and margins
- Identify new products and innovative items to enhance category range
Vendor Management
- Build and maintain strong relationships with suppliers
- Evaluate supplier performance regularly
- Ensure timely deliveries and stock availability
Pricing & Promotions
- Set competitive retail pricing in line with market trends
- Plan and execute promotions, offers, and seasonal campaigns
- Coordinate with marketing team for flyers and in-store promotions
Inventory Control
- Monitor stock levels, aging, and slow-moving items
- Ensure optimal stock availability while minimizing overstock
- Work closely with warehouse and store teams
Sales & Performance Analysis
- Analyze sales reports, margins, and category performance
- Use data to make informed buying decisions
- Achieve KPIs such as sales growth, margin %, and stock turnover
Market & Competitor Analysis
- Regularly visit competitors and track pricing and product trends
- Identify gaps and opportunities in the market
Coordination
- Work closely with store operations, logistics, finance, and marketing teams
- Ensure smooth product flow from supplier to shelf
Other
- Negotiate and secure optimal pricing, payment terms, and supply agreements with vendors for household products, maximizing profitability and minimizing risks.
- Develop and execute category strategies aligned with overall business objectives, focusing on product assortment, pricing, and promotional activities.
- Analyze market trends, consumer behavior, and competitive landscape to identify new product opportunities and inform buying decisions.
- Manage vendor relationships, conduct performance reviews, and address any issues related to product quality, delivery, or service.
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