
Purchasing Specialist
2 days ago
- To contribute to the development of divisional buying and merchandising strategy, working within this framework at all times.
- Responsible for issues related to buying merchandise and coordinating with vendors for designated departments, focusing on finding best resources at best prices to ensure high-quality, cost-effective products for respective brands.
- To work with merchandising team to ensure that all deliveries satisfy assigned purchase orders.
- Identify possible future product offerings by conducting thorough research about customer requirements and technological trends.
- Plan pricing strategies on various product lines with marketing department and management, aiming to reach agreement with suppliers for optimal pricing.
- Developing and sourcing right product at right time to meet customer requirements.
- Maximizing current sourcing channels and identifying new opportunities.
- Supporting negotiations and working with supply base to achieve best costs and margins.
- Working closely with Designers on developing styles; design research trips, fabric & print advice, and informing best sellers for move-on styles.
- Working closely with Merchandising; managing stock, style options, quantities, promotions, and markdowns.
- Keeping track of Competitor's activities through market research activities to track trends, forecasting in terms of color, fabric etc.
Required Skills and Qualifications:
- Proven experience in buying and merchandising.
- Strong negotiation and communication skills.
- Ability to analyze market trends and make informed decisions.
- Excellent organizational and time management skills.
- Proficiency in Microsoft Office Suite.
Benefits:
- Competitive salary package.
- Ongoing training and professional development opportunities.
- Opportunity to work with a dynamic team.
Others:
- Analyzing sales data and adjusting strategies accordingly.
- Conducting annual review of supplier performance with QA.
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