Procurement/Purchase Officer (Retail)
Skills
About This Role
Procurement / Purchase Officer – Retail
**Overview:** The Procurement Officer is responsible for sourcing, negotiating, and purchasing goods and services required for retail operations.
This role ensures that products are procured at the best possible price, quality, and delivery terms, while maintaining compliance with company policies and supplier agreements.
Key Responsibilities
- **Supplier management** – Identify, evaluate, and maintain relationships with suppliers to ensure reliable supply chains.
- **Purchasing** – Execute purchase orders, negotiate contracts, and secure favorable terms for pricing, quality, and delivery.
- **Inventory coordination** – Work closely with store and warehouse teams to maintain optimal stock levels.
- **Market research** – Monitor market trends, competitor pricing, and new product availability.
- **Compliance** – Ensure procurement activities adhere to company policies, ethical standards, and regulatory requirements.
- **Cost control** – Implement strategies to reduce procurement costs and improve profitability.
- **Reporting** – Prepare regular reports on purchasing activities, supplier performance, and budget adherence.
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