Retail Buyer

Job Brief

A retail buyer is a professional who selects and plans goods for sale in retail stores. This helps ensure that their company is competitive with other retailers. They are constantly looking for new products to review and update existing products in order to stay on top of current trends.

Job Description

• ● Identify customer preferences and forecast consumer trends
• ● Evaluate supplier options according to prices, quality etc. and determine the best choices
• ● Discover and purchase new products and check the quality and popularity of those already on our shelves
• ● Negotiate terms of agreements to achieve the best deal for our company
• ● Ensure the timely delivery of products and compliance with the contracts of purchase
• ● Monitor stock levels and make plans for buying within budget
• ● Create reports on sales, budgets and customer satisfaction and adjust your strategies accordingly
• ● Forge and maintain trust relationships with suppliers to promote fair dealing
• ● Attend events, fairs and exhibitions to remain up-to-date with the market’s trends

Job Requirements

• ● Proven experience as a retail buyer or relevant role
• ● Outstanding communication abilities
• ● Excellent organizational skills
• ● Demonstrable aptitude in effective negotiating
• ● Up to speed with purchasing best practices
• ● Familiarity with market research, data analysis and forecasting techniques
• ● Excellent knowledge of MS Office; working knowledge of purchasing software (e.g. SpendMap) is an advantage
• ● High school diploma; BSc/BA in business administration or relevant field will be considered a plus