Buyer

Job Description Designation:

Buyer

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 Key Responsibilities: 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.