LULU GROUP INTERNATIONAL (LuLu Group) is a highly diversified conglomerate with successful business entities in strategic locations worldwide. Founded by the acclaimed business visionary Yusuff Ali M.A, LuLu Group has become a key contributor in the Gulf region’s economic standing with an annual turnover worth USD 8 billion. Headquartered in Abu Dhabi, the capital of the United Arab Emirates, it is a world-renowned purveyor of an international business portfolio that ranges from hypermarket operations to shopping mall development, manufacturing and trading of goods, hospitality assets, and real estate. LuLu Group mainly operates in 26 countries located across the Middle East, Asia, US, and Europe.
Available vacancy and location
Buyer - Household, Home Furnishing
location: Kuala Lumpur, Malaysia
About the job
Responsibilities
- Ensure out of stock & low-stock items are procured and displayed in the shelf without delay.
- Check for non-moving / slow moving items and take action to discontinue them.
- Follow up constantly with suppliers and ensure ordered items are received on time without delay.
- Ensure availability of import products as well as local products.
- Ensure price changes are affected before shop opening.
- Introduce new and innovative products.
- Help control stock levels by varying delivery schedules or recommending clearance sales.
- Maintain relationship with existing suppliers and source new and alternative suppliers for future requirements.
- Update and follow municipality regulations that are issued time to time.
- Any other assignments given by the management/regional leadership for enhancing sales, profit and customer satisfaction.
- Negotiate contracts with suppliers specifying quality, quantity, price and delivery schedules.
- Send requirements for promotion products to CBD well in advance and ensure its availability in the store well before promotion.
- Conduct market survey & market trend periodically in respect of price & procurement of products.
- Attend exhibitions, trade fairs & events and update/select new innovations and trends.
Qualifications
- Bachelor's degree or equivalent equivalent experience in purchasing, inventory, or supply chain management
- Minimum 05 years of experience as Buyer.
- Preferred local Malaysian Citizens.
- In-depth knowledge of contracts, invoicing & negotiation terms.