Fashion Buyer
5 days ago
The role entails managing brands on both the marketplace and wholesale business model.
We are looking for a motivated and experienced buyer to join our team. The ideal candidate will have a proven track record of success in growing revenue and developing relationships with key brands. In this role, you will be responsible for managing a portfolio of top brands, developing and executing sales strategies, and driving growth.
The ZALORA Buyer has a great level of ownership and accountability. With having your own brand and range responsibilities, it is at this level that you will be expected to have a holistic business-wide perspective, and identify wins and opportunities collaboratively outside of your own direct team.
What is essential to succeed and progress at this level are the behavioural and operational elements of the role evidenced by continuous development of oneself i.e. people skills, job skills, a sound understanding of our customer and competition etc.
Responsibilities:
- Responsible for the implementation of buying strategies and budget proposals to achieve sales, profits as well as inventory targets
- Develop and maintain strong relationships with key marketplace brands
- Develop and execute sales strategies to achieve revenue targets
- Monitor and analyze sales performance to identify opportunities for improvement
- Conduct frequent brand review meetings either on a monthly, quarterly or seasonal basis
- Build and buy the most relevant range for the target customer
- Full ownership of weekly trade within own department, including replenishment, stock swaps, RTS, etc.
- Completes and supports all facets of contract negotiations with new potential brands/suppliers
- Demonstrates an understanding of new fashion and retail trends, and how these can affect the trading climate, regularly reads market research data and spots new business opportunities
- Conducts regular competitor analysis to assess ranges, identify opportunity and direction for brand exclusives, gain ideas for online layout and content, brand acquisition opportunities, sales impacting initiatives, etc.
- Identifies promotional/marketing opportunities for the business in order to motivate further sales and provides a competitive and exciting retail environment for the customer
- Conducts in-season and end of season SWOT analysis leading to strategy reviews which is able to succinctly be presented to senior management
- Manages supplier performance including intake margin, trading margin, sell through, stock turn, delivery, etc.
Requirements:
- 3-4 years' minimum solid Buying + Merchandise experience required
- Including 1.5-2 years of successfully managing a portfolio of brands, preferably in the Apparel Retail industry
- Demonstrated ability to lead a business.
- Experience of the buying cycle and associated processes and experience in planning and management of seasonal timelines
- Highly analytical with a passion for excel and numeracy. Proven experience of data, reporting and analysis
- Ability to communicate clearly and effectively with brands and internal departments
- Attention to detail and high commitment to accuracy
- Pro-active, driven and determined to achieve results in a fast-paced working environment.
- Critical well-rounded thinking of full picture, pros and cons; strong problem-solving skills
- Strong business and numerical sense
Wonder how it's like to build your career with ZALORA? Inspired by employees, we believe you'll be in for:
- An exciting platform to make your success story
- Flexibility weaved into your lifestyle
- A seamless work environment with a friendly & team-fueled culture
- Career growth aligned to your professional and personal needs and goals
ZALORA is Asia's leading online fashion, beauty and lifestyle destination, part of Global Fashion Group. As one of the region's pioneer large scale e-commerce platforms, ZALORA has established a strong presence throughout the region, particularly in Singapore, Indonesia, Malaysia, Brunei, the Philippines, Hong Kong, and in Taiwan, enjoying over 50 million visits per month.
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