Buyer
Basicxx
مجموع سنوات الخبرة :13 years, 2 أشهر
Ladies Fashion Buyer
Departments - Ladies-Youth, Lingerie & Nightwear, Heritage, Accessories & Jewellery.
Total Business Buying Volume Handling annually - $2.5Million.
Key Responsibilities -
• Maintain knowledge of market conditions regarding price, competition evaluation, resources and fashion as they relate to trends and key items, and react accordingly for assortment planning, coordination of pricing and to impact sales.
• Negotiate and assign target prices based on the product in order to make decisions to buy, while in the market place. Calculate RSP of a product based on its perceived value.
• Analyse history and current business in order to strategically forecast future opportunities. Find the latest trends and improve assortments.
• Plan and select item/assortment for assigned product category to support division and department merchandising strategies.
• Drive results by evaluating OTB, current stock cover position, and other business indicators, and translating data into actionable information, like deciding the assortment and number of SKU’s to be bought.
• Manage aspects related to Merchandising (product related approvals, fit/style review) & Shipment (on time shipping).
• Source new suppliers to maintain product diversification at the best prices, visiting factories at various locations (like China, Hong Kong, Indonesia, India, and Bangladesh). Attending Fairs - IGHF, HKJF, and HKTDC for new supplier sourcing and range selection.
• Execute advertising plans and strategies for assigned product category including ad item selection, space allocation planning, pricing, ad volume forecasting and productivity analysis.
• Partner with cross-functional partners - Planner, territory manger to monitor the over all inventory levels and ensuring stock cover is maintained.
• Evaluate sales, margin, stock cover, overall performance at department and vendor levels from the stock and sales report in order to manage sales and performance against plan.
• Assist Sr. Buyer with guiding product development in partnership with product design and sourcing for assigned product category.
Brands Handling - Kohl’s - SO, MUDD & NY Brands (Elle, Rock & Republic, Lauren Conrad)
Product Categories - Juniors & Ladies RTW
Business Volume Handling - USD 25Mil annually
Key Responsibilities -
• Manage a Team consisting of four team members
• Focus on growing new product categories like the Knit wear where in the penetration is less.
• Help team achieve common goal towards growing business through cost negotiations.
• Work closely with the vendors for Capacity planning and contingency planning for the season.
• Closely work with the clients on the brand strategy and understand the future season rage requirements.
• Follow-up on the critical path with teams on weekly basis .And proactively work on production related concerns avoiding possible slide in delivery.
• Responsible for the selection of range as per the client directives and market / trend research, which adheres to the merchandise philosophy of quality, price, fashion and brand.
• Closely work with the design team to design and develop cost efficient product as per the client price points and more production friendly styles.
• Recommend price point and vendor strategies by region and challenge price architecture for the product category.