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3 days ago
Job Title: Apparel Acquisition Specialist
As a key member of our buying team, you will play a crucial role in driving the success of our loungewear division. Your primary responsibilities include developing and implementing strategic buying plans to meet sales targets and enhance product offerings.
Key Responsibilities:- Buying and Merchandising Strategy: Collaborate with cross-functional teams to identify market trends, competitor activity, and customer needs. Develop and implement buying and merchandising strategies to drive business growth and profitability.
- Sourcing and Procurement: Source high-quality products at optimal prices, ensuring cost-effectiveness for our brands. Establish and maintain relationships with vendors to negotiate favorable terms and delivery schedules.
- Inventory Management: Work closely with the merchandising team to ensure timely deliveries and manage stock levels. Conduct regular inventory audits to identify opportunities for improvement.
- Market Research: Conduct market research to stay up-to-date on industry trends, competitor activity, and customer preferences. Use this information to inform buying decisions and optimize product offerings.
- Collaboration and Communication: Partner with designers to develop styles and inform best-seller forecasts. Work closely with marketing and design teams to create visual merchandising promotions and drive sales.
- Analytical and Problem-Solving Skills: Strong analytical and problem-solving skills to effectively analyze sales data, identify areas for improvement, and implement corrective actions.
- Communication and Negotiation Skills: Excellent communication and negotiation skills to build strong relationships with vendors, colleagues, and stakeholders.
- Time Management and Prioritization: Ability to work in a fast-paced environment and prioritize tasks effectively to meet deadlines and deliver results.
- Technical Skills: Proficiency in Microsoft Office and relevant software to effectively manage data, communicate with stakeholders, and drive business outcomes.
- Merchandising Principles: Knowledge of merchandising principles, product development, and supply chain management to drive business growth and profitability.
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