- 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
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