Job Description
JOB DESCRIPTION
Business Strategy:
– 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
– OTB Planning
– 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
Job Details
Employment Types:
Full time
Industry:
Retailing
Function:
Merchandising & Planning / Category Management , Retail Chains
Roles:
Buyer / Sourcing Manager
Skills:
Buyer
