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Junior Buyer

4 weeks ago

Kuala Lumpur, Malaysia ZALORA SOUTH EAST ASIA PTE LTD Full time

The purpose of a Junior Buyer role is to assist in the selection and procurement of fashion products that align with the company's brand and customer needs. This role involves market research, trend analysis, and negotiation with suppliers to ensure the best assortment. The Junior Buyer also collaborates with other departments such as marketing and sales to ensure the successful launch and promotion of the selected items.
**Description**

The role entails managing brands on both the marketplace and wholesale business model.

The ZALORA Junior 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 behavioral 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**:

- Develop and maintain strong relationships with key brand partners
- 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
- Builds and buys the most relevant range for the target customer
- Ownership of weekly trade within own portfolio, including replenishment, stock swaps, RTS, etc.
- 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 on-line 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**:

- 1-2 years' minimum working experience in a relevant buying/merchandising role.
- Experience with international/regional brands and an understanding of the e-commerce business will be a plus.
- Demonstrated ability to lead a business.
- Experience of the buying cycle, the associated processes 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
- A strong understanding of MS Excel is a must

**The ZALORA Story**

ZALORA Group is Asia Pacific’s leading group of online fashion destinations. Founded in 2012, the company has a presence in Singapore, Indonesia, Malaysia and Brunei, the Philippines, Hong Kong and Taiwan. ZALORA is part of Global Fashion Group, the world's leader in online fashion for emerging markets. ZALORA Group’s localised sites offer an extensive collection of top international and local brands and products across apparel, shoes, accessories, and beauty categories for men and women. Offering up to 30-day free returns, speedy deliveries as fast as 3 hours in some markets, free delivery over a certain spend, and multiple payment methods including cash-on-delivery, ZALORA Group is the online shopping destination with endless fashion possibilities.

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