Job Description
1. Buying process § Work directly with brands to manage the buying process, including issuing purchase orders (PO) and aligning product assortments. § Ensure timely and accurate communication with brands regarding order status, deliveries, and inventory needs. 2. Demand Planning & Forecasting § Collaborate with the planning team to ensure that buying decisions align with demand forecasts and inventory strategies. § Provide input and coordinate with the planner on forecast adjustments, stock needs, and replenishment schedules. 3. Merchandise & Profitability Management § Optimize the merchandise mix to achieve sales and gross profit (GP) targets. § Ensure effective stock management to minimize overstock and improve sell-through performance. 4. Inventory & Supply Management § Oversee PO management, stock transfers, and inventory control, ensuring accurate tracking and stock availability. § Communicate and adjust supply plans based on actual sales performance and any unforeseen demand changes. 5. Sales & Promotion Analysis § Continuously review historical sales data, promotional impacts, and forecast accuracy to improve purchasing strategies. § Provide insights and contingency plans in response to abnormal demand or shifts in market conditions. 6. Product Launches & Coordination § Manage the execution of new product launches, promotional activities, and packaging updates through close coordination with brands and internal departments. 7. Cross-Functional Collaboration § Partner with other departments to ensure alignment on inventory, promotions, and issue resolution related to purchasing and supply chain activities. 8. Reporting & Analysis § Provide daily, weekly, and monthly reports on sales, inventory, PO status, and shipments to inform strategic decisions. |