Fashion Buyer

Responsibilities:

• Determine buying requirements and formulate buying plan and budget for the assigned department/category
• Align the buying plan to the overall department/category business plan and the merchandise strategy as laid down by the department/category manager
• Help meet the profit targets by ensuring timely procurement of the department/category Merchandise
• Develop an adequate vendor base for the concept through active scouting and negotiation/renegotiation
• Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
• Maintain contact with vendors; update the list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end-users
• Identify, evaluate and select appropriate vendor mix to achieve business objectives
• Identify and leverage alternate buying opportunities to source products and to ensure that the company maintains its competitive edge by constant renegotiation
• Ensure effective communication, collation, and follow-up on various product requirements and findings obtained from the sales/store data
• Gather information from Industry trade groups or through trade shows/market visits. Tasks
• Assist in overseeing the relevant product categories in the department in all aspects of Buying and Merchandising activities on a daily basis
• To be the center of expertise of the relevant product category and be able to give guidance to the team
• To ensure a strategy for merchandise assortment are executed successfully
• Place orders based on the buying plan and ensure merchandise is delivered as per the plan
• Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow
• Track the merchandise transportation from supplier to the distribution center
• Follow the reverse logistics guidelines to send the faulty/damaged goods back to the vendor