Merchandise Buyer
7 months ago
Our client is a global well-being company retailing, distributing, and manufacturing a portfolio of leading international and home-grown brands across sport, everyday goods, health and beauty, properties, and logistics sectors.
They are looking for a Merchandise Buyer to support the Category Manager by selecting and delivering balanced, coordinated product ranges as per the strategic buying plans for the category. This role will be a product specialist, leading consumer right assortments, managing budgets, analyzing product performance in detail, and managing execution across all relevant marketplaces.
**Responsibilities**:
- Formulate buying plans and budgets for assigned brand/category based on comprehensive analysis of historical trends and future forecasts.
- Develop buying plans focused on consumer-centric brand/category lines to maintain profitability and SKU efficiency.
- Align buying plans with overall business unit strategy as directed by the Category Manager.
- Monitor brand/category sales performance, market trends, and competitor activities to identify critical business factors and propose action plans.
- Analyze actual sales results to plan and forecast in-season sales/inventories, driving sales and profitability targets.
- Manage placement of orders and ensure merchandise delivery according to plan and service level agreements.
- Identify buying opportunities to maintain competitive edge through constant renegotiation.
- Communicate and follow up on product requirements and findings obtained from sales/store data.
- Stay updated on buying trends and discuss potential realignment with the Category Manager.
- Develop periodic reports on consumer behavior and trends to facilitate product decisions.
- Supervise and guide the buying team's day-to-day activities and participate in capacity planning for smooth product supply.
**Requirements**:
- Tertiary qualification in a business-related field.
- Product training, garment construction, or design background preferred.
- Minimum 5+ years of relevant experience, including 3 years in product buying.
- Proven track record in leading brand/category management, especially in sports/footwear/ fashion/ active lifestyle products.
- Strong analytical skills with a keen eye for numbers.
- Exceptional stakeholder management abilities.
Pay: Up to RM9,000.00 per month
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