Assistant buyer

Descripción del cargo

Merchandise Sourcing & Vendor Management:

Integrate PriceSmart philosophy and the Six Rights of Merchandising into the daily
operation.

Communicate with Buyer on problem vendors and items.

Awareness of seasonal trends and react accordingly. Work with Buyer for
appropriate planning and execution of seasonal plans and merchandise / market
trends.
Suggest new products for introduction. Bring new and innovating Road Shows.
Maintain in-depth knowledge of merchandise within responsible categories.
Ongoing review of merchandise categories and recommendations for any necessary
changes.
Responsible for optimum inventory levels based on monthly Buying Budgets at the
clubs, DC and DDC.
Maintain data in the system to have accurate forecasts
Place purchase orders, transfers and return to vendors – Follow up process with
vendors to have the merchandise delivered on time
Review all necessary reports in order to keep the proper in-stock condition at all time
(low stock, over stock, late orders, projected out of stock, unusual usage, among
others)
Ensure Club, Market & B2B Members Visits
B. Merchandise Costing / Sell & Margin:

Investigate new ways to purchase merchandise effectively.
Ongoing research and communication with vendors and logistics team regarding the
most effective ways for distribution of merchandise and delivery to company
facilities at the lowest possible cost.
Calculate net landed costs for all items. Keep accruals updated.
Keep accurate sell prices to accomplish margin goals with the right value for the
members

Assistant Buyer_I_Level 5.doc

Review KPI, Gross Margin, SKU Count, Competitive Shops, Zero Sales, Slow
Selling Inventory, Code Date Report, Unvouchered, Negative Balances, Click & Go
Report and assist Buyer in management and reduction of aged inventory.
Support buyer on SKU discipline and execution of Mark Downs and IB adjustments