Buyer
Job Description
-Carry out buying activities in-line with the brand buying plans
– Maintain profitable relationships with existing suppliers and monitor the adherence to the contract terms
– Drive the seasonal strategies in line with the brand positioning to formulate Gross Margin Plan
– Develop a fine tuned assortment and investment plan
– Create the sourcing development plan and action the critical path to deliver timely
– Negotiate with new suppliers on product pricing, payment terms, cost of freight, provision of training, and the extent of their involvement in advertising and promotions, to decide on placing a purchase order with the supplier for the concerned product
– Manage OTB in tandem with the planning counterpart
– Deliver the seasonal business strategy by monitoring and impacting the critical path, range building and product selection
– Prepare and manage the buying calendar
– Formulate seasonal product focus plan with Marketing and VM to drive key product initiatives
– Focus on holding current business and build new categories
– Conducting customer focus groups and competitive shopping Performance and Operations:
– Analysis and reporting of weekly sales performance at style, range, category and business unit level against range plan. Take in season action to revise production flows and maximize sales
– Manage TNA plans
– Implement the buying calendar for timely seasonal analysis and range build
– Perform regular competitor surveys to identify product gaps, influence lessons learnt and range plans
– Manage range and product hierarchy and create the seasonal phasing plan
– Responsible for the ‘The Look’ for the season. Influence product selection, in-store VM as per guidelines and layout planning
– Keep abreast of market trends and awareness of competitor activities
– Manage the product training of staff to ensure up-to-date knowledge. Prepare regular trends training and deliver to the business units
– Review buying feedback reports and provide recommendations to General Manager as to buying strategy for a respective brand/collection
Skills
- Diploma or Bachelor’s Degree in Business Administration or a related field.
- Market Research and Analysis: Buyers excel in researching market trends, competitor offerings, and industry dynamics to make informed purchasing decisions that align with the organization’s goals and objectives.
- Buyers are proficient in utilizing procurement software and e-procurement platforms to enhance efficiency.
- The ability to analyze market data and competitor strategies is crucial for buyers when making informed procurement decisions.
- Effective negotiation skills are essential for buyers to obtain the most favorable terms, pricing, and conditions.
- Fluent in English language.
How To Apply?
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