Watsons Singapore Hiring! Full Time Buyer in - Ricebowl

Who We Are Looking For?

As a Buyer, he/she will support the development and implementation of key strategies to maximise retail sales and achieve planned profit targets through stock management, assortment planning, pricing and merchandise promotions.

The incumbent should ideally have experience in buying, merchandising or product development across online and offline channels. Experience within retail/FMCG would be advantageous, although candidates from other fast-paced, consumer-focused environments are welcome to apply.

What Awaits You:

1. Consumers

• Understand consumer needs and evolving shopping behaviours across online and offline channels.
• Keep abreast of market, customer and competitor trends to identify new opportunities.
• Translate consumer and market insights into relevant product, assortment and promotional recommendations.

2. Product

• Support the sourcing and evaluation of new brands and products, while reviewing existing merchandise to ensure competitiveness across online and offline channels.
• Coordinate the acquisition and onboarding process for new products, including product information, pricing, commercial terms and launch readiness.
• Monitor stock requirements and support the team in responding to changes in demand, supply and logistics.
• Work closely with relevant internal and external stakeholders on activities to build awareness of new products, improve the performance of slow-moving products and drive sales for existing products.
• Conduct regular competitor analysis to identify new ideas, understand market positioning and support pricing recommendations.

3. Supply/Vendor Management

• Build and maintain positive working relationships with new and existing suppliers/vendors.
• Coordinate product availability, commercial terms, promotional support and other operational requirements.
• Support negotiations on product assortment, costing and A&P programmes.

4. Sales/Profitability of Merchandise

• Monitor key performance indicators, including category sales, margins and promotional performance.
• Analyse performance and highlight relevant trends, risks and opportunities.
• Support initiatives to grow category sales and improve profitability.

5. Stock Management

• Monitor stock levels to support product availability across stores and online channels.
• Perform monthly stock reconciliations and support the management of excess and slow-moving stock.

We Are Excited About You If You Have:

• Diploma/Degree in Business Management, Sales & Marketing or a related discipline, with at least 2 years of relevant experience in buying, merchandising, product development or a related commercial role. Experience in retail, FMCG or an O+O environment would be advantageous.
• Strong interest in consumer trends, Health & Beauty and the evolving online/offline retail landscape, with a digitally savvy mindset and good awareness of changing consumer behaviour.
• Good analytical and numerical skills, with the ability to interpret sales/product performance, identify opportunities and support commercial decision-making.
• Some exposure to product sourcing, assortment planning, supplier/vendor management and negotiations, with good relationship-building and networking skills.
• Proactive, resourceful and results-oriented, with good problem-solving, decision-making and time-management skills, and able to manage multiple priorities in a fast-paced environment.
• Good communication and interpersonal skills, with the ability to collaborate effectively with suppliers and cross-functional stakeholders to execute online and offline retail initiatives.
• A self-motivated, hands-on and collaborative team player, with professionalism, integrity and willingness to learn and take ownership.
• Proficient in Microsoft Office applications, with familiarity with digital and e-commerce channels being an advantage.

Why Should You Join Watsons?

Watsons is Singapore’s leading beauty and health retailer with more than 90 stores located islandwide. We inspire and enable every one of our customers to Look Good, Do Good, Feel Great every day.

We are building a culture that you will be proud to be part of. We foster an open culture of communication and innovation, readying the company to be agile for changes in the new retail age.

Why You Will Love Working Here:

• Fun and collaborative culture in a fast-paced environment with passionate and committed team members make up the Watsons Family!
• Flexible workspace with activity-based working concept that stimulates creativity, collaboration, and communication in a vibrant environment
• Equip our people with the right skills so that they can thrive and stay Fit for the Future.
• Good career growth opportunities and ongoing learning and development
• A competitive compensation package including a wide range of benefits and employee perks
• Privilege staff discount and Watsons membership points and vouchers

Are you ready to make an impact with us? Come join us for a great experience that will prepare you for even bigger challenges!