A retail buyer has a considerable amount of responsibility and autonomy in what is often a pressured environment. Typical work activities can vary according to the season. This is particularly true for those working in fashion. For example: out of season, the majority of the time will be spent in the workplace (in the office and on the shop floor); during the buying season, a significant amount of time will be spent away from the workplace in order to assemble a new collection of merchandise. Throughout the year, tasks typically involve the following:
- Analyzing consumer buying patterns and predicting future trends;
- Regularly reviewing performance indicators with sales;
- Managing plans for stock levels, reacting to change 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 organization to ensure projects are completed;
- Attending trade fairs, in the country and abroad, to select and assemble a new collection of products;
- Participating in promotional activities;
- Writing reports and sales forecasts, and analyzing sales figures;
- Liaising with shop personnel to ensure product/collection supply meets demand;
- Seeking merchandise feedback from customers;
- Training and mentoring junior staff.
No comments:
Post a Comment