Desmond Yui Ip
Sourcing And Merchandising Manager
Tsing Yi
Summary
Experienced sourcing and merchandising manager with a strong background in hardline products, home textiles, houseware, and decoration. Proven success in multiple buying offices, demonstrating a track record of achievement. Instrumental in developing high-performing teams and individuals through exceptional coaching and inspirational leadership skills, consistently driving outstanding results.
Overview
19
19
years of professional experience
10
10
years of post-secondary education
Work History
Senior Merchandising Manager
GiFi Asia Ltd
Hong Kong
04.2018 - Current
- Managed the sourcing and merchandising for whole home textile category of annual purchase turnover 30 million EURO from China, India, Pakistan and Bangladesh
- Refined vendor base
- Kept good relationship of existing vendors and consistently adding new vendor
- Terminated agent business by direct sourcing
- Achieve cost saving according to KPI
- Improved average payment term of whole category from average less 60 days to 150+ days
- Provided regularly market update new / product proposal to oversea buyer
- Managed a team of 5 person on sourcing and merchandising work
- Enhanced management soft skill to develop and guide subordinates to work independently on sourcing and merchandising follow up
- Explored new business opportunity on food and apparel business
- Trained and mentored junior team members, fostering a positive work environment and enhancing overall performance.
- Developed strong relationships with suppliers, ensuring timely deliveries and consistent product quality.
- Negotiated favorable contracts with vendors, resulting in lower product costs and increased profit margins.
- Cultivated an inclusive company culture that valued teamwork, diversity, and open communication.
- Conducted regular competitor analysis to stay informed of industry trends and maintain a competitive edge in the market.
- Built positive relationships with vendors for consistent and reliable supply of products.
- Motivated and mentored merchandise team to achieve high performance and job satisfaction.
- Monitored and evaluated supplier performance to verify quality of products and delivery times met company standards.
- Negotiated pricing with vendors to achieve maximum profitability.
- Developed merchandising strategy to efficiently move overstock.
- Proposed new ideas and concepts to enhance merchandise displays.
Senior Merchandiser
ICA Global Sourcing Ltd
Hong Kong
04.2013 - 04.2018
- Increased business and developed sourcing network on home textile among India, Pakistan and China with multinational customers
- Managed wide vendor base among working category in strategic way
- Penetrating and expanding merchandising network into India and Pakistan market
- Managed merging of different oversea European partner into company system in order to consolidate business and negotiating power
- Handled negotiation with supplier in term of price and delivery to benefit company
- Developed different soft skill to work with different people in difficult culture
- Gained management soft skill to handle junior teammate
- Instructed and provided guide to merchandising team in new setup Indian office
A. Merchandiser
ICA Global Sourcing Ltd
04.2008 - 01.2013
- Handled quotation, order process and order follow up in daily operation
- Worked under merchandising area in household, tableware, home decoration, seasonal decoration, sundries with multinational customers
- Equipped with full set of merchandising skill, face-to-face communication skill
Assistant Merchandiser
C.Y. Hung Group Co. Ltd
09.2005 - 03.2008
- Learnt basic merchandising and shipping knowledge
- Followed up orders and samples with customers and factories
- Developed sale and presentation skill in the customer meeting
Education
Bachelor of Science - chemistry
Hong Kong University of Science And Technology
Hong Kong 01.2002 - 01.2005
Secondary school study -
CCC Ming Kei College
Hong Kong 01.1995 - 01.2002
Skills
Vendor negotiation
Data-driven decision making
Pricing strategy
Promotional planning
Global sourcing
Buying strategy
Teamwork and collaboration
Flexibility
Problem-solving
Time management
Organization and prioritization
Decision-making
Excellent communication
Self motivation
Product knowledge
Adaptability and flexibility
Languagesandcomputerskills
Fluent in oral English and Mandarin, Proficient in written English, 6.5, 04/01/05, Proficient in Excel application for merchandising
Dateofavailability
02/01/23
Personal Information
Expected Salary: HKD 50000
Timeline
Senior Merchandising Manager
GiFi Asia Ltd
04.2018 - Current
Senior Merchandiser
ICA Global Sourcing Ltd
04.2013 - 04.2018
A. Merchandiser
ICA Global Sourcing Ltd
04.2008 - 01.2013
Assistant Merchandiser
C.Y. Hung Group Co. Ltd
09.2005 - 03.2008
Bachelor of Science - chemistry
Hong Kong University of Science And Technology
01.2002 - 01.2005
Secondary school study -
CCC Ming Kei College
01.1995 - 01.2002
Similar Profiles
Louna KocakLouna Kocak
Vendeuse at GifiVendeuse at Gifi
Lucas GrosjeanLucas Grosjean
Vendeur at GifiVendeur at Gifi
Jocelyne MARDEMOUTOUJocelyne MARDEMOUTOU
Responsable Service Paie et Admin du Personnel at GIFI SASResponsable Service Paie et Admin du Personnel at GIFI SAS
Wai-hang, Tiffany YeungWai-hang, Tiffany Yeung
Supervisor at Yu Chun Keung Care & Attention Home for the Elderly (C&A Home)Supervisor at Yu Chun Keung Care & Attention Home for the Elderly (C&A Home)
Cheuk Kwan Apple ChengCheuk Kwan Apple Cheng
Senior Clubhouse Officer at Sino GroupSenior Clubhouse Officer at Sino Group