Buying Manager

2 weeks ago

Cape Town, South Africa Ackermans Full time
Job title : Buying Manager - InfantsJob Location : Western Cape, Cape TownDeadline : December 18, 2024Quick Recommended Links
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Purpose of position:

  • Are you passionate about babies and the latest trends in infant fashion? We’re looking for a Buying Manager to lead the charge in curating the most stylish, comfortable, and durable high-quality products for little ones. Help us deliver a thoughtful, exciting, and affordable shopping experience to parents everywhere—while shaping the future of baby retail"
  • Reporting to the Buying Executive Kids, you will contribute towards the development and implementation of an effective and efficient buying strategy for your portfolio, lead a team of professional Buyers, engage with cross-functional teams and key business stakeholders, and deliver a superb value proposition for our customers.

Key Responsibilities:

  • Strategy Development: In partnership with the Executive, develop and execute a comprehensive product portfolio strategy aligned with the company's objectives, ensuring consistency and relevance across the product lifecycle, handwriting and execution.
  • Cross-Functional Collaboration: Collaborate closely with internal teams, including Marketing, Merchandising, Retail Operations, and Supply Chain, to ensure alignment and consistency in execution.
  • Performance Monitoring: Establish relevant KPIs to measure and monitor product      performance in terms of sales, inflows, margins, GP rands and optimising strategies, based on data-driven insights.
  • Systems: Utilise relevant buying systems to support and enable performance.
  • Leadership: Effectively lead the buying team for the relevant portfolio.

Knowledge

  • Knowledge of the retail merchandise cycle with regards to Buying, Planning, Logistics and Stores
  • Knowledge of specific company buying strategies 
  • Understanding of retail business systems and related processes – IT
  • A comprehensive knowledge/understanding of SA’s retail clothing market, customers, and competitors.
  • An understanding of relevant trends with a flair/eye for product for the relevant target market.
  • Relevant product knowledge with regards to styling constructions
  • An understanding of product components
  • Awareness of relevant legal and regulatory requirements to ensure compliance and mitigate risks
  • Understanding of crisis management principles and practices to anticipate and mitigate potential brand crises, as well as to respond effectively in the event of a crisis to protect the brand's reputation

Skills:

  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across all levels of the organisation
  • Strategic thinking and analytical abilities, with a data-driven approach to decision - making
  • Ability to thrive in a fast-paced, dynamic environment and adapt quickly to changing priorities and market conditions
  • Strong leadership skills to inspire and guide the buying team, fostering cross functional collaboration and driving results
  • A commercial mindset to develop innovative and impactful product strategies
  • Experience in managing budgets effectively, allocating resources to maximise ROI
  • Continuously seeking opportunities for innovation and differentiation, to maintain a competitive edge

Qualification:

  • A relevant degree/qualification in Fashion/Textile Design/Clothing Production/Product Development/Merchandising, or related field

Experience:

  • Proven experience of 2-5 years in a retail buying management capacity (preferably in the baby or kids’ category)
  • Strong leadership and management skills
  • Strong negotiation skills with suppliers to secure competitive pricing and favorable terms.
  • CFE experience essential
  • Extensive travel required
     

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