Manager Retail Buying (225-731)

The Manager Retail Buying is a critical role responsible for overseeing the purchasing and merchandise planning activities within a retail organization. This position requires a strategic thinker with the ability to analyze market trends, negotiate with suppliers, and make informed buying decisions. The ideal candidate will have extensive experience in retail buying and merchandising, with strong leadership skills to manage a team of buyers. The Manager Retail Buying works closely with merchandising teams to develop buying strategies that align with company goals and customer preferences. This role is pivotal in ensuring that the right products are available at the right time and at optimal prices, contributing significantly to the overall profitability and success of the retail business.

Responsibilities

• Lead and manage the retail buying team to achieve set targets and objectives.
• Develop and implement effective buying strategies aligned with market trends.
• Negotiate with suppliers to secure competitive pricing and favorable terms.
• Analyze sales data and market trends to inform purchasing decisions.
• Collaborate with merchandising teams to ensure cohesive product presentations.
• Monitor inventory levels to prevent overstocking or stockouts in stores.
• Review and approve purchase orders to ensure alignment with budgeting guidelines.
• Build and maintain strong relationships with vendors and suppliers.
• Stay updated with industry trends to maintain a competitive edge in the market.
• Provide training and development opportunities to enhance team performance.
• Conduct regular performance evaluations and manage employee progression.
• Prepare reports on buying operations and present them to senior management.

Requirements

• Bachelor's degree in Business Administration, Marketing, or a related field.
• Proven experience in retail buying or merchandising management required.
• Exceptional negotiation skills and experience dealing with suppliers and vendors.
• Strong analytical skills and proficiency in interpreting sales data for decisions.
• Leadership capabilities with a track record of managing teams effectively.
• Excellent communication and interpersonal skills for cross-department collaboration.
• Ability to make strategic decisions under pressure and meet tight deadlines.