Senior Buyer
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Key skills for this role
About the Role
Apparel Group seeks a Senior Buyer to assist the Business Head in planning product and assortment strategies. The role involves coordinating merchandise allocation, pre-season financial planning, and in-season management to meet financial goals.
Key Skills for This Role
Responsibilities
- Assist in merchandise plans for the category based on insights from merchandise mix, historical trends, and future outlook
- Analyze store profile based on reports including weeks of stock, merchandise sales blend, inventory by store grade
- Ensure effective in season management (stock analysis and balancing, markdown management, stock vs. sale performance)
- Plan merchandise mix for each store and complete initial product allocation and reserve management
- Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser
- Monitor the product line, pricing, and developments of competitor brands
- Ensure ageing standards are followed and stock turns are maintained as per company policy
- Manage margin negotiations, orders, stock distribution, and product selection
- Monitor and analyze both best sellers and slow sellers and take appropriate actions
- Keep track of actual sales vs sales forecasts, inventory checks, and address replenishment needs of stores daily
- Perform regular store visits and competition analysis in collaboration with Brand Manager and communicate findings
Requirements
- Assist in merchandise plans based on insights from merchandise mix, historical trends, and future outlook
- Analyze store profile using reports including weeks of stock, merchandise sales blend, inventory by store grade
- Ensure effective in season management (stock analysis, balancing, markdown management, stock vs. sale performance)
- Plan merchandise mix for each store and complete initial product allocation and reserve management
- Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser
- Monitor competitor product line, pricing, and developments
- Ensure ageing standards and stock turns are maintained per company policy
- Manage margin negotiations, orders, stock distribution, and product selection
- Monitor best sellers and slow sellers and take appropriate actions
- Track actual sales vs forecasts, inventory checks, and address replenishment needs daily
- Perform regular store visits and competition analysis in collaboration with Brand Manager
Full Job Posting
Position Objective
- Assists the Business Head to plan product and assortment strategies that meet or exceed financial goals
- Coordinate all activities related to allocation and delivery of merchandise to all stores in the region
- Assist in pre season financial planning, in season projections, open to buy management and new store budgets
- Ensure balanced collection at stores, regular replenishment from warehouse and inter store transfers
Key Responsibilities
- Assist in merchandise plans for the category based on insights from merchandise mix, historical trends and future outlook
- Analyze store profile based on reports, including weeks of stock, merchandise sales blend, inventory by store grade
- Ensure effective in season management (stock analysis and balancing, markdown management, stock vs. sale performance)
- Plan merchandise mix for each store and complete initial product allocation to stores and reserve management
- Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser
- Monitor the product line, pricing and developments of competitor brands
- Ensure ageing standards are followed and stock turns are maintained as per company policy
- Manage margin negotiations, orders, stock distribution and product selection
- Monitor and analyze both best sellers and slow sellers and take appropriate actions
- Keep track of actual sales vs sales forecasts, inventory checks, and address replenishment needs of stores daily
- Perform regular store visits and competition analysis in collaboration with Brand Manager and communicate findings
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