Buying Senior Manager

Key Responsibilities:

1. Product Selection and Range Planning:

   • Identify and select products that align with the company's brand image, target market, and strategic goals.
   • Conduct market research to stay informed about trends, customer preferences, and competitor activities.
   • Develop and implement product range plans that cater to the specific needs of offline channels.

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3. Inventory Management:

   • Forecast demand for products based on historical sales data, market trends, and promotional activities.
   • Optimize inventory levels to balance stockouts and overstocks, minimizing costs and maximizing profitability.
   • Collaborate with the logistics team to ensure efficient distribution and replenishment of inventory in offline stores.

4. Sales and Profitability:

   • Analyze sales performance data to identify opportunities for growth and areas for improvement.
   • Develop and implement strategies to increase sales, improve margins, and enhance profitability.
   • Work closely with the merchandising team to create effective product displays and promotional campaigns.

5. Team Leadership and Development:

   • Lead and mentor a team of buyers and assistants, providing guidance and support to help them achieve their goals.
   • Foster a collaborative and inclusive work environment that encourages innovation and continuous learning.
   • Conduct regular performance reviews and provide feedback to team members to help them grow and develop.

Qualifications and Requirements:

1. Education:

   • Bachelor's degree in Business Administration, Fashion Merchandising, or a related field.
   • Master's degree or relevant professional certification is a plus.

2. Experience:

   • Minimum of  10 years of experience in retail buying, preferably in the [specific industry or product category].
   • Proven track record of successfully managing buying teams and achieving sales and profitability targets.
   • Strong negotiation skills and experience in managing supplier relationships.

3. Skills and Abilities:

   • Excellent analytical and decision-making skills, with the ability to identify trends and forecast demand.
   • Strong leadership and team-building skills, with the ability to motivate and inspire team members.
   • Excellent communication skills, with the ability to negotiate effectively and build strong relationships with suppliers and internal stakeholders.
   • Proficiency in relevant software and tools, such as ERP systems, demand planning tools, and inventory management systems.

4. Personality Traits:

   • Highly organized and detail-oriented, with the ability to manage multiple tasks and priorities effectively.
   • Results-driven and self-motivated, with a strong sense of urgency and accountability.
   • Ability to work collaboratively with cross-functional teams and stakeholders to achieve common goals.