Our client, Commpro Technologies Inc., is seeking a highly skilled Product Research and Sourcing Specialist to join their team in Lahore. The ideal candidate will have at least three years of experience in product hunting and sourcing, with a strong focus on market analysis, supplier negotiation, and product viability assessment. This role requires managing a small team while leveraging advanced tools and methodologies to identify profitable products and optimize sourcing strategies. The specialist will play a critical role in ensuring product quality, compliance, and competitive positioning to drive business growth.
Key Responsibilities
- Conduct in-depth product research using tools such as Helium 10, Jungle Scout, Keepa, SellerAmp, or similar platforms to identify promising product opportunities.
- Analyze market demand, competition, pricing history, Best Seller Rank (BSR) trends, and seasonal fluctuations to forecast product success.
- Calculate product profitability by considering costs including product price, shipping, duties, marketplace fees, FBA fees, margins, and ROI.
- Assess product compliance risks by reviewing trademarks, intellectual property concerns, brand gating policies, restricted or hazardous materials, and certification requirements like CE and UKCA.
- Source and vet suppliers through platforms such as Alibaba, 1688, and local wholesale channels to build reliable supply chains.
- Negotiate supplier terms including pricing, minimum order quantities (MOQs), packaging requirements, and lead times to optimize cost efficiency and delivery schedules.
- Manage product sampling and enforce strict quality control measures to ensure supplier reliability and product standards.
- Maintain detailed and up-to-date product research documentation and supplier databases to support strategic decision-making.
- Continuously monitor competitor listings to track market trends, pricing strategies, and emerging opportunities.
- Lead and supervise a team of two sourcing professionals, providing direction, delegating tasks, and monitoring performance to achieve company objectives.
- Collaborate with cross-functional teams to align sourcing activities with overall business goals and market demands.
- Stay informed about industry trends, sourcing innovations, and regulatory changes to adapt strategies and maintain a competitive edge.
Required Qualifications
- Minimum of three years of experience in product research, sourcing, or a related field.
- Proficiency with product research and sourcing tools such as Helium 10, Jungle Scout, Keepa, and SellerAmp.
- Strong analytical skills in market demand forecasting, competitive analysis, and profitability calculations.
- Experience in supplier negotiation, vetting, and quality control processes.
- Knowledge of product compliance requirements, including trademarks, intellectual property, and relevant certifications (e.g., CE, UKCA).
- Proven ability to manage and lead a small team effectively.
- Excellent communication and collaboration skills to work with suppliers and internal teams.
Preferred Qualifications and Benefits
While not explicitly stated, candidates with experience in e-commerce platforms, familiarity with Amazon FBA processes, and a proactive approach to staying updated on industry developments will be well-positioned for success in this role. The opportunity to work with a dynamic team and contribute to strategic sourcing initiatives offers potential for professional growth within Commpro Technologies Inc.
This position offers a challenging and rewarding environment for a detail-oriented sourcing specialist eager to impact product selection and supply chain efficiency.