Posted By
Posted in
SCM & Operations
Job Code
1417219
Role & responsibilities;
Seeking a skilled and motivated Buyer to join our Category division. This role is essential in curating a diverse and compelling product assortment that meets our customers' needs and drives category growth. The ideal candidate will have a deep understanding of the market, strong analytical skills, and the ability to build and maintain relationships with suppliers and brands.
Key Responsibilities:
1. Product Assortment: Source and select a wide range of products that align with our category strategy and meet customer demands. - Conduct market research to identify new trends, product opportunities, and competitive offerings. - Develop and maintain a well-balanced and profitable product assortment.
2. Supplier Relationship Management: - Establish and nurture strong relationships with suppliers, brands, and manufacturers. - Negotiate terms, pricing, and contracts to secure favorable deals and exclusivity where possible. - Collaborate with suppliers to ensure timely delivery and high-quality standards of products
3. Inventory Management: - Monitor inventory levels to ensure optimal stock availability and minimize excess inventory. - Analyze sales data and forecast demand to make informed purchasing decisions. - Implement strategies to manage slow-moving inventory and reduce obsolescence.
4. Sales and Marketing Collaboration: - Work closely with the sales and marketing teams to develop promotional strategies that drive product visibility and sales. - Provide input on marketing campaigns, events, and promotions to maximize impact and reach. - Coordinate with the merchandising team to ensure effective product placement and presentation.
5. Financial Management: - Manage the buying budget, ensuring efficient allocation of resources and achievement of financial targets. - Analyze financial reports to assess product performance and profitability. - Implement corrective actions to address any variances and optimize financial outcomes.
6. Customer Focus: - Champion a customer-centric approach in all buying decisions, ensuring products meet customer expectations and preferences. - Utilize customer feedback and insights to refine product assortment and enhance the shopping experience. - Ensure the highest standards of quality and satisfaction in all purchased products.
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Posted By
Posted in
SCM & Operations
Job Code
1417219