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Category Procurement Leader
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Category Procurement Leader - Menswear
SILK ROUTE RECRUITMENT is on the lookout for a dynamic Category Procurement Leader to spearhead their menswear division, managing a substantial portfolio valued at $100 million.
This role offers an exciting opportunity to operate in a global capacity, reporting directly to the Head of Procurement.
Key Responsibilities:
- Formulate comprehensive multi-product procurement strategies and budget allocations for each season within the menswear category.
- Ensure alignment of procurement strategies with the overarching business objectives and merchandising framework established by the leadership team.
- Collaborate closely with the Design department to guarantee that the product offerings are commercially viable, trend-conscious, and comprehensive.
- Oversee the development of range plans to ensure both relevance and cost efficiency.
- Drive continuous enhancements in procurement processes by minimizing lead times, improving profit margins, and proactively addressing potential bottlenecks.
- Coordinate with planning and cross-functional teams to ensure optimal product management, ensuring the right products are available at the right time and in appropriate quantities.
- Accountable for achieving sales and profit targets for the menswear category, which includes timely procurement of merchandise and effective stock management.
- Manage critical path timelines to ensure project milestones are met.
- Establish and nurture relationships with vendors and suppliers to secure capacity and negotiate favorable pricing and delivery schedules.
- Provide insights to the sourcing team regarding group and departmental sourcing strategies.
- Ensure compliance with product specifications and company processes in collaboration with the sourcing department.
- Conduct regular visits to stores within the territory to gather feedback and benchmark against competitors regarding product ranges, quality, and pricing.
- Stay updated on the latest fashion trends in procurement and apply this knowledge during the range development process.
Candidate Profile:
The ideal candidate will possess:
- A minimum of 5 years of experience in the retail sector, specifically in a procurement leadership role, preferably within the UK or Europe in a large retail or brand environment.
- In-depth product knowledge in menswear procurement.
- A collaborative approach, with the ability to manage an international team and embrace innovative ideas and methodologies.
- A global perspective, with the capacity to identify emerging markets and trends.
- A strong commercial acumen, with a competitive edge and a keen understanding of product dynamics and market economics.
- A broad skill set in management, particularly within complex organizational structures.
We invite qualified candidates to explore this opportunity with us.