Manager Retail Buying 30D25

We are seeking an experienced and highly skilled Manager of Retail Buying to join our dynamic team. The ideal candidate will possess an in-depth understanding of retail procurement processes and have a keen eye for detail and trends. You will be responsible for leading the purchasing strategy and ensuring that our product offerings align with consumer demand and market trends. As the Manager of Retail Buying, you will work closely with vendors, negotiate contracts, and manage supplier relationships to ensure the best cost-saving opportunities without compromising on quality. Your role will involve extensive collaboration with various departments, including marketing and inventory, to optimize product assortment and drive business growth. If you are a strategic thinker with excellent negotiation skills and a passion for retail, we invite you to apply and become a part of our success story.

Responsibilities

• Develop and implement effective retail buying strategies to meet consumer needs.
• Analyze consumer behavior and market trends to forecast buying needs.
• Negotiate with vendors to secure advantageous terms and prices for products.
• Ensure the timely delivery of purchase orders and manage inventory levels accordingly.
• Collaborate with the marketing team to align product promotions with business objectives.
• Evaluate supplier performance and maintain strong relationships with key partners.
• Oversee product selection and maintain a balanced, profitable product assortment.
• Monitor and manage budget allocations to maximize returns on investment.
• Conduct regular reviews of product quality to adhere to brand standards.
• Coordinate with logistics team for efficient distribution of merchandise.
• Prepare and present reports on purchasing activities and departmental progress.
• Lead, coach, and develop a team of motivated retail buyers.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• Minimum of 5 years of experience in retail buying or procurement management.
• Strong negotiation skills with proven experience in securing vendor contracts.
• Ability to analyze market trends and consumer purchasing behaviors effectively.
• Exceptional leadership skills with the capacity to manage and develop teams.
• Demonstrated ability to manage budgets and optimize purchasing strategies.
• Excellent communication and interpersonal skills for vendor and team collaboration.