Lead Buyer
QC Plus
Employer Active
Posted 53 mins ago
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
- Plan, develop, and deliver merchandise ranges to budget, schedule, and customer profile in line with the department and company strategy.
- Conduct data-driven demand forecasting that includes analysis of internal/external factors, historical sales data, etc. to estimate future/ongoing order needs.
- Analyze stock-holding data and develop/recommend diverse plans to ensure inventory is cleared at expected sell-through rate.
- Conduct analysis (e.g., of historical sales data, market/competition) to ensure appropriate retail prices.
- Provide analytical support to maximize product sales performance.
- Support the Head of Retail & Merchandise Planning to conduct monthly communication meetings with the retail teams and circulate minutes of meetings afterward.
- Assist the Head of Retail & Merchandise Planning and the Director of Retail & Merchandising with the preparation of annual department budgets.
- Oversee submission of new purchase requests to the merchandise committee, recommending appropriate order quantities by analyzing past sales patterns and ensuring that stock levels are optimized.
- Provide merchandise administrators with the information required to prepare purchase request approval forms for submission to the merchandise committee.
- Deliver buying projects within specified budget parameters, maintaining strong gross margins, and expediting orders within target lead times and coordinating with stakeholders to pre-empt obstacles and troubleshoot anticipated issues.
- Support the Merchandise Manager by ensuring the milestones related to merchandise development projects are achieved on time, flagging delays, and troubleshooting anticipated issues.
- Support the Merchandise Manager with creation of a standardized merchandise project critical path document with agreed-upon project milestones that meet target lead times for delivery of bespoke/readymade product.
- Liaise closely with the Logistics Team to facilitate and expedite the timely shipment of supplier orders.
- Recommend enhancements to existing processes to achieve further efficiencies.
- Support the Retail Manager in expediting corporate sales orders.
- Provide support and recommendations for shop displays to enhance sales and clearance of slow-moving stock.
- Maintain awareness of trends in the wider retail industry, museum retail, local market, and new suppliers, keeping updated through research and trade show visits.
Desired Candidate Profile
- Higher secondary or degree-level qualification required
- At least 5 years of relevant experience in merchandise buying
- Well-developed computing skills, including the understanding of relevant IT products and software (Microsoft Word, Excel, and PowerPoint)
Company Industry
- Entertainment
- Recreation
- Theme Parks
Department / Functional Area
- Buying
- Purchase
- Procurement
- Vendor Management
Keywords
- Lead Buyer
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QC Plus