Assistant Buyer – Sales

CTC: As per Market Standards

Work Experience: 2+ Years

Description:

A retail buyer is responsible for planning and selecting a range of products to sell in retail outlets. The buyer must consider the following factors when making purchasing decisions:

  • Customer demand, including price, quality, and availability;
  • Market trends;
  • Store policy;
  • Financial budgets.

Buyers source new merchandise and review existing items to ensure products remain competitive. By fully understanding customer needs, they are able to maximize profits and provide a commercially viable range of merchandise at competitive prices. Keeping up to date with market trends and reacting to changes in demand are key elements of the role.

Retail buyers have a considerable amount of responsibility and autonomy in what is often a pressured environment.

  • Analyzing consumer buying patterns and predicting future trends;
  • Regularly reviewing performance indicators, such as sales and discount levels;
  • Managing plans for stock levels;
  • Reacting to changes in demand and logistics;
  • Meeting suppliers and negotiating terms of the contract;
  • Maintaining relationships with existing suppliers and sourcing new suppliers for future products;
  • Liaising with other departments within the organization to ensure projects are completed;
  • Attending trade fairs and overseas, to select and assemble a new collection of products;
  • Participating in promotional activities;
  • Writing reports and forecasting sales levels;
  • Presenting new ranges to Senior Management;
  • Liaising with Showroom Managers and Merchandisers to ensure supply meets demand;
  • Develop a Mechanism to get feedback from customers.