Purchase Planner - Fashion (225-66)

The Purchase Planner - Fashion is a pivotal role within our organization, entrusted with the crucial duties of managing and optimizing inventory levels to meet customer demands and business objectives effectively. This role requires a strategic thinker who is passionate about the fashion industry, excels in data analysis, and possesses the foresight to predict market trends. The Purchase Planner will bridge the gap between suppliers and our internal teams, ensuring the timely procurement of materials, while maintaining quality standards and cost-effectiveness. The ideal candidate is not only detail-oriented but also resourceful, with robust interpersonal skills, ensuring seamless communication and negotiation. They will work collaboratively with cross-functional departments like sales, finance, and design to align on product availability, pricing strategies, and promotional plans. The role demands adaptability and innovative thinking to navigate the fast-paced and constantly evolving fashion domain. By monitoring sales forecasts and market dynamics, the Purchase Planner will aid in maintaining optimal stock levels, thus preventing overstock or stockouts, ultimately contributing to the company’s bottom line.

Responsibilities

• Analyze market trends and sales data to forecast purchasing needs accurately.
• Develop purchasing strategies that align with the company’s business objectives.
• Negotiate with suppliers to secure cost-effective purchasing agreements.
• Coordinate with design and production teams for timely procurement of desired materials.
• Maintain a balanced inventory by preventing overstock and shortages at all costs.
• Utilize digital tools to manage inventory levels and track purchasing effectiveness.
• Support product development by sourcing new and innovative fabrics and materials.
• Create and maintain financial reports relating to purchasing and inventory control.
• Collaborate with sales and marketing teams to plan seasonal buys and trends.
• Ensure compliance with all applicable industry regulations and company policies.
• Monitor supplier performance to ensure high quality and timely delivery of goods.
• Evaluate supply chain reliability to foster relationships with sustainable suppliers.

Requirements

• Bachelor’s degree in fashion, business administration, or related field.
• Minimum of 3 years purchasing planning experience within the fashion industry.
• Proven analytical skills with ability to forecast complex inventory needs.
• Strong negotiation skills for effective supplier management and agreement terms.
• Proficiency with inventory management systems and relevant software tools.
• Excellent communication skills to collaborate cross-functionally across departments.
• Flexibility to adapt to market changes and adjust purchasing strategies accordingly.
• Understanding of supply chain processes, logistics, and vendor management.
• Detail-oriented mindset to manage multiple tasks and projects effectively.