Merchandise Buyer

Job description

Company Description

Rixos Premium Qetaifan Island North

Rixos Premium Qetaifan Island North comprises a 345-key hotel, along with a souq encompassing 11,000sqm of leasing space, a beach club, a theme park, and a waterpark. The resort boasts panoramic views of the Arabian Gulf. Rixos plans to provide a platform for showcasing Qatar as a tourism destination. One of the country’s biggest draws will be Qetaifan Island North’s Meryal Waterpark attraction. The Rig 1938 is the world’s highest tower of its kind, reaching 82 metres.

Job Description

Merchandise Buyer

This position is responsible for overseeing the procurement and purchasing of merchandise sold within the park’s retail outlets. This role involves managing vendor relationships, negotiating contracts, analyzing market trends, and ensuring that the merchandise selection aligns with the park’s brand and target audience.

·  Identifying and selecting suppliers or vendors for merchandise procurement based on quality, cost, and delivery timelines.
·  Negotiating terms of purchase, including prices, payment terms, and delivery schedules with suppliers to ensure favorable terms for the company.
·  Follow required tendering procedures per company and owner’s policies.
·  Managing the procurement process, which involves creating purchase orders, coordinating with suppliers, and ensuring timely delivery of merchandise.
·  Developing and implementing purchasing strategies to optimize costs while maintaining product quality.
·  Building and maintaining strong relationships with suppliers to foster collaboration, resolve issues, and explore opportunities for cost savings or product improvements.
·  Monitoring inventory levels and collaborating with inventory management teams to maintain optimal stock levels while minimizing excess inventory and stockouts demand, and coordinating restocking activities.
·  Ensuring that purchased merchandise meets quality standards and specifications set by the company, including conducting quality inspections when necessary.
·  Conducting market research to stay informed about industry trends, competitor pricing, and new product offerings to make informed purchasing decisions.
·  Analyzing costs associated with merchandise procurement, including total landed costs, to identify areas for cost optimization and efficiency improvements.
·  Creating and managing budgets for merchandise procurement activities.  Recommend Open to Buy levels for all categories.
·  Ensuring compliance with regulations related to product safety, labeling, and licensing.
·  Maintaining accurate records of purchasing transactions, contracts, and supplier agreements, and ensuring compliance with company policies and procedures.

Qualifications

·  Bachelor’s degree in Business Administration, Supply Chain Management, or related field, or related experience.
·  Proven experience in purchasing or procurement roles, preferably in the retail industry for at least 3 years.
·  Strong negotiation skills and ability to build effective vendor relationships.
·  Analytical mindset with proficiency in data analysis tools.
·  Excellent communication and leadership abilities

Additional Information