Job Description: Responsibilities, Qualifications, and Necessary Skills
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JOB DESCRIPTION
Build customer-focused product assortments for a designated portfolio, in order to maximize sales & gross profit, by sourcing quality, trend appropriate and commercially viable merchandise at the best price in line with the Company strategy.
RESPONSIBILITIES
Critical Path Management:
Communicate expectations to Buyers assistants and determine a course of action to ensure that orders are placed timeously and critical path deadlines are met in order to achieve desired results for the department.
New Business Growth & Opportunity:
Identify category growth & opportunities for your portfolio/department, through testing new products by considering international & local market trends (through trend trips) & competitors (through comp shops), with our customer in mind to increase sales.
Merchandise Strategy:
Develop a seasonal product strategy for your portfolio/department, in line with company strategy (considering post-mortem and current trade analyses, PMO targets, pricing strategies, supplier strategies, marketing & digital, and fashion trends, etc.) in order to achieve department targets.
Product Assortment:
Build and present a balanced product assortment for the portfolio/department (considering sub cats, planned promotions, volume opportunities and marketing etc.) in line with seasonal strategies in order to meet department review plan targets.
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Resourcing & Quality:
Build new and maintain existing supplier relationships, (considering our sustainability, resourcing and departmental supplier strategy) and quality standards in line with our brand DNA, thus ensuring high quality products are delivered on time and in full.
Current Trade:
Consistently analyse and react to current trade and product performance for your portfolio/department & make appropriate trade decisions in order to potentialize sales & minimize risk.
QUALIFICATIONS
Education:
- Degree or NQF Level 6 / Diploma.
Experience:
- 3 Years of 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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