International Closeout Buyer - Ozeol

Job Brief

We are seeking a highly motivated and experienced individual to join our team as an International Closeout Buyer. As an International Closeout Buyer, you will be responsible for identifying, sourcing, and purchasing closeout merchandise from international markets. Your role will involve maintaining productive relationships with suppliers, negotiating favorable purchasing terms, and ensuring the timely delivery of goods.

Responsibilities & Tasks

• Identify closeout merchandise opportunities through extensive market research and analysis.
• Scout, identify, and negotiate with international suppliers to source high-quality closeout merchandise. Collaborate with suppliers to negotiate the best possible prices, terms, and conditions for purchases.
• Develop and maintain strong relationships with international supplier networks to ensure a consistent supply of closeout merchandise.
• Monitor market trends, competitor activities, and industry dynamics to anticipate purchasing opportunities and potential risks.
• Continuously evaluate and assess supplier performance, including product quality, delivery reliability, and customer service.
• Manage the purchasing process from order placement to product delivery, ensuring timely shipments and adherence to quality standards.
• Work closely with cross-functional teams, including logistics, finance, and marketing, to optimize inventory management and product availability.
• Analyze sales performance and market demand to determine appropriate quantities and assortments of closeout merchandise.
• Maintain accurate records of purchases, pricing, and supplier information for future reference and analysis.

Commitments

• Collaborate effectively with the associated department and other departments.
• Respect deadlines and prioritize tasks in order to finalize them in due time.
• Ensure good work quality and efficiency.
• Maintain a professional behavior and respectful work ethics
• Strictly comply with confidentiality and discretion, meaning that any information regarding related functions or any other department must not be communicated.

Requirements

• Minimum of [X] years of experience in international purchasing or sourcing, preferably within the closeout industry.
• In-depth knowledge of international markets, trends, and sourcing strategies.
• Strong negotiation and communication skills, with the ability to build and maintain relationships with suppliers from various cultural backgrounds.
• Proven track record of successfully identifying and sourcing profitable closeout merchandise from international markets.
• Excellent analytical and problem-solving abilities, with the capability to adapt to changing market demands.
• Understanding of import/export regulations, customs procedures, and logistics processes.
• Proficient in using software and tools to track and manage purchasing activities.
• Ability to work independently and in a team environment, demonstrating exceptional organizational and time management skills.
• Willingness to travel domestically and internationally as required to meet with suppliers and attend trade shows or industry events.