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Research Associate | Walk-in | 12-SEP-2024
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delhi, India Infiniti Research Ltd. Full timeAbout us:Infiniti Research is a full-service market intelligence and business advisory consulting firm headquartered in London, United Kingdom. We provide high quality customized research services to large and medium size businesses worldwide. We are the research provider of choice to many leading businesses and institutions in the world. We serve more than...
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Research Associate
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Delhi, India insight alpha Full timeJob Description: The role with IA is an exciting position with opportunities to work closely with business and investment leaders that are driving the industry throughout the world. Providing knowledge on large-scale issues down to the most niche and esoteric, our experts range from domestic and international policy specialists to economic advisors,...
Research Associate
3 months ago
About Ideas91 Group: Ideas91 Group, established in 2009, is a dynamic player in the home
appliances and consumer electronics industry. Operating as a distributor, sourcing consultant, and
online retailer, the group has rapidly expanded its product portfolio and established a global
presence with offices in Dubai, India, and China.
Job Description:
As a Product Research Associate at Ideas91 Group, you will play a pivotal role in the growth and
success of our PEAK division. Your responsibilities will encompass in-depth market analysis, strategic
sourcing, and effective supplier management across a diverse range of product categories.
Key Responsibilities:
1. Market Analysis:
o Conduct thorough research on demand and supply dynamics, market trends, and
consumer preferences in assigned product categories.
o Analyze the competitive landscape to identify opportunities and challenges.
2. Sourcing Strategy:
o Develop and execute a comprehensive sourcing strategy for establishing
partnerships with manufacturers and suppliers.
o Consider factors such as product quality, production capacity, geographic location,
and cost-effectiveness.
3. Product Portfolio Management:
o Gain expertise in the product portfolio, understanding specifications, features, and
variations.
o Identify unique selling points for each product and assess their alignment with client
requirements.
4. Price Analysis:
o Conduct pricing analysis to determine competitive yet profitable pricing.
o Consider production costs, market demand, and competitor pricing.
5. Supplier Evaluation:
o Evaluate potential suppliers based on quality, reliability, delivery times, and financial
stability.
o Conduct supplier audits when necessary to ensure compliance with standards.
6. Negotiations:
o Engage in negotiations with suppliers to secure favorable terms, including pricing,
payment conditions, and delivery schedules.
o Build and maintain strong supplier relationships for successful negotiations.
7. Supplier Profiling:
o Create comprehensive profiles for selected suppliers, outlining strengths,
capabilities, and areas of expertise.
8. Quoting Process:
o Prepare detailed quotes for clients, ensuring accuracy and clarity in product
specifications, pricing, and terms.
9. Price Waterfalls:
o Develop price waterfalls to outline cost breakdowns, including manufacturing costs,
- shipping expenses, and associated costs.
