Job Details
Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:
Skills And Tools:
Job Description
- Determine buying requirements and formulate buying plan and budget for the assigned department/category
- Align the buying plan to the overall department/category business plan and the merchandise strategy as laid down by the department/category manager
- Help meet the profit targets by ensuring timely procurement of the department/category Merchandise
- Develop an adequate vendor base for the concept through active scouting and negotiation/renegotiation
- Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
- Maintain contact with vendors; update the list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end-users
- Identify, evaluate and select appropriate vendor mix to achieve business objectives
- Identify and leverage alternate buying opportunities to source products and to ensure that the company maintains its competitive edge by constant renegotiation
- Ensure effective communication, collation, and follow-up on various product requirements and findings obtained from the sales/store data
- Gather information from Industry trade groups or through trade shows/market visits. Tasks
- Assist in overseeing the relevant product categories in the department in all aspects of Buying and Merchandising activities on a daily basis
- To be the center of expertise of the relevant product category and be able to give guidance to the team
- To ensure a strategy for merchandise assortment are executed successfully
- Place orders based on the buying plan and ensure merchandise is delivered as per the plan
- Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow
- Track the merchandise transportation from supplier to the distribution center
- Follow the reverse logistics guidelines to send the faulty/damaged goods back to the vendor
Job Requirements
- 5+ years of experience in Fashion Buying.
- Experience within a premium/luxury brand is a must
- Must have strong analytical and numerical skills.
- Bachelor’s Degree • English – advanced knowledge.
- Confidence, organization, professionalism • Goal-oriented, multitasking.
