Job Purpose: The job holder supports the Buyer in all aspects of product sourcing, vendor management, and inventory control. The role involves assisting in vendor negotiations, tracking inventory levels, and conducting market research to ensure the company’s product offerings are competitive and aligned with customer demand.
Responsibilities & Duties:
Selection Support & Vendor Coordination:
- Assist the Buyer in coordinating with vendors for product orders, sample approvals, and timely deliveries.
- Maintain accurate and up-to-date records of vendor contracts, pricing, and product specifications.
- Support the Buyer in the selection of products that align with the company’s brand and financial goals.
- Assist in the preparation of product assortment plans and seasonal range plans
Market Analysis & Trend Monitoring:
- Conduct market research to identify emerging trends, competitive pricing, and potential new vendors.
- Provide insights and recommendations to the Buyer based on market analysis and customer feedback.
- Work closely with the Design Centre, Marketing, and Supply Chain teams to ensure seamless coordination of product launches, promotions, and inventory management.
- Provide administrative support to the Buyer in meetings, presentations, and reporting.
Inventory Management & Performance Reporting:
- Monitor stock levels and report discrepancies to the Buyer, ensuring optimal inventory levels are maintained.
- Assist in preparing purchase orders and coordinate with the supply chain for timely replenishment of stock.
- Track and analyze the performance of purchased products, including sales data, customer feedback, and inventory levels.
- Prepare and present regular reports to the Buyer, highlighting key insights and areas for improvement.
Bachelor's degree in Business Administration, Fashion Merchandising, or a related fieldAdvanced education/ certification Buying & Merchandising Experience in an assistant buying or purchasing role within the fashion or retail industry.Basic understanding of the fashion industry, market trends, and inventory management.Familiarity with vendor management and purchasing processes.Strong organizational and communication skills.Proficient in Microsoft Office Suite and inventory management software.