Craft customer-focused product assortments for a designated portfolio to maximize sales and gross profit. Source quality, trend-appropriate, and commercially viable merchandise at the best price in alignment with the Company’s strategy.
RESPONSIBILITIES:
Critical Path Management: Effectively communicate expectations to Buyer Assistants and strategize actions to ensure timely order placement and adherence to critical path deadlines, thus achieving desired departmental outcomes.
New Business Growth & Opportunity: Identify category growth opportunities for the portfolio/department by testing new products, considering international and local market trends (through trend trips), and competitor analysis (through comp shops), all while keeping our customer in mind to drive sales.
Merchandise Strategy: Develop a seasonal product strategy for the portfolio/department aligned with the company’s strategy. Consider post-mortem and current trade analyses, PMO targets, pricing strategies, supplier strategies, marketing, digital trends, and fashion trends to achieve departmental targets.
Product Assortment: Curate and present a well-balanced product assortment for the portfolio/department, considering sub-categories, planned promotions, volume opportunities, and marketing initiatives, aligning with seasonal strategies to meet department review plan targets.
Resourcing & Quality: Establish and maintain supplier relationships while considering sustainability, resourcing, and departmental supplier strategy. Uphold quality standards in line with our brand DNA, ensuring timely and complete delivery of high-quality products.
Current Trade: Continuously analyze and respond to current trade and product performance for the portfolio/department. Make informed trade decisions to optimize sales and minimize risk.
QUALIFICATIONS:
Education: Degree or NQF Level 6/Diploma.
Experience: 3 Years Retail Buying experience (preferably ladieswear).
Knowledge/Skills:
- Commercial acumen
- Basic economic understanding of supply & demand
- Technical product knowledge
- Retail market & industry knowledge
- Knowledge of current trends
- Numerical skills
- Communication skills (verbal & written)
- Negotiation skills
- Computer literacy
- Conflict management
- Business understanding of Milady’s business processes, MRPG Systems & Milady’s customer.
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