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Buying Manager
2 weeks ago
Our client is looking for a Buying Manager with a minimum of 5 years of experience in the footwear industry. The ideal candidate will be responsible for developing and executing buying strategies that align with market trends and customer needs.
Responsibilities:
- Develop and implement buying strategies to ensure product selection aligns with market trends and customer preferences.
- Negotiate contracts and terms with suppliers to secure the best prices and quality.
- Manage inventory levels to optimize stock availability and minimize overstock situations.
- Analyze sales data and market trends to make informed purchasing decisions.
- Collaborate with design and marketing teams to ensure product lines are cohesive and marketable.
- Maintain strong relationships with existing suppliers while identifying and establishing new supplier connections.
- Monitor supplier performance and ensure compliance with quality standards and delivery timelines.
- Lead and mentor a team of junior buyers, providing guidance and support to achieve departmental goals.
- Prepare and manage budgets, forecasting buying needs based on sales projections.
- Conduct regular market research to stay ahead of industry trends and competitor activities.
Key Skills:
- Strong negotiation and communication skills.
- Excellent analytical abilities and attention to detail.
- Proficient in inventory management and demand forecasting.
- Ability to work collaboratively with cross-functional teams.
- Leadership and team management capabilities.
- Proficiency in using buying and inventory management software.
- Strong organizational and multitasking skills.
- In-depth understanding of market trends and consumer behavior in the footwear industry.
Qualifications:
- Bachelor's degree in Business, Marketing, or a related field.
- Minimum of 5 years of experience in a buying role within the footwear industry.
- Proven track record of successful buying strategies and supplier negotiations.
- Strong knowledge of footwear product lines and market dynamics.
- Ability to travel for supplier meetings and market research as required.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office Suite, particularly Excel.
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