Senior Purchasing Manager
4 days ago
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.
Typical Work Activities
Throughout the year, tasks typically involve:
- analysing 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 contract;
- maintaining relationships with existing suppliers and sourcing new suppliers for future products;
- liaising with other departments within the organisation to ensure projects are completed;
- attending trade fairs, in the UK 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 retail managers;
- liaising with shop personnel to ensure supply meets demand;
- getting feedback from customers;
- training and mentoring junior staff.
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