Junior Buyer
Zalora
- Kuala Lumpur
- Permanent
- Full-time
- Develop and maintain strong relationships with key brand partners
- Develop and execute sales strategies to achieve revenue targets
- Monitor and analyze sales performance to identify opportunities for improvement
- Conduct frequent brand review meetings either on a monthly, quarterly or seasonal basis
- Builds and buys the most relevant range for the target customer
- Ownership of weekly trade within own portfolio, including replenishment, stock swaps, RTS, etc.
- Supports all facets of contract negotiations with new potential brands/ suppliers
- Demonstrates an understanding of new fashion and retail trends, and how these can affect the trading climate, regularly reads market research data and spots new business opportunities
- Conducts regular competitor analysis to assess ranges, identify opportunity and direction for brand exclusives, gain ideas for on-line layout and content, brand acquisition opportunities, sales impacting initiatives, etc.
- Identifies promotional/ marketing opportunities for the business in order to motivate further sales and provides a competitive and exciting retail environment for the customer
- Conducts in-season and end of season SWOT analysis leading to strategy reviews which is able to succinctly be presented to senior management
- Manages supplier performance including intake margin, trading margin, sell through, stock turn, delivery, etc.
- 1-2 years' minimum working experience in a relevant buying/merchandising role.
- Experience with international/regional brands and an understanding of the e-commerce business will be a plus.
- Demonstrated ability to lead a business.
- Experience of the buying cycle, the associated processes and management of seasonal timelines
- Highly analytical with a passion for excel and numeracy. Proven experience of data, reporting and analysis
- Ability to communicate clearly and effectively with brands and internal departments
- Attention to detail and high commitment to accuracy
- Pro-active, driven and determined to achieve results in a fast paced working environment.
- Critical well-rounded thinking of full picture, pros and cons; strong problem solving skills
- A strong understanding of MS Excel is a must