Job Title: Buyer

Department: Purchasing

Reports To: Director of Merchandising

Summary:

We are seeking a highly motivated and experienced Buyer to join our dynamic team. The ideal candidate will have a proven track record in wholesale or retail buying, with a strong understanding of allocation, replenishment, and purchase order management. This role requires excellent vendor relationship skills and the ability to analyze data to make informed purchasing decisions.

Responsibilities:

• Develop and execute purchasing strategies: Analyze sales trends, inventory levels, and market conditions to identify purchasing needs and opportunities.
• Source and procure products: Identify and evaluate potential vendors, negotiate pricing and contracts, and ensure timely delivery of goods.
• Manage inventory levels: Utilize replenishment strategies to maintain optimal stock levels, minimizing stockouts and excess inventory.
• Allocate products effectively: Distribute products across multiple locations or channels based on demand, store capacity, and sales performance.
• Oversee purchase orders: Generate and track purchase orders, ensuring accuracy and timely processing.
• Build and maintain vendor relationships: Establish strong working relationships with vendors, resolving any issues and negotiating favorable terms.
• Analyze data and prepare reports: Track key performance indicators (KPIs), such as inventory turnover, fill rates, and cost of goods sold. Provide regular reports to management.
• Stay informed about market trends: Keep abreast of industry best practices, new products, and emerging trends.
• Collaborate with internal teams: Work closely with sales, marketing, and logistics teams to ensure seamless product flow and customer satisfaction.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• 3+ years of experience in buying, preferably in a wholesale or retail environment.
• Strong understanding of inventory management, allocation, and replenishment principles.
• Proficiency in purchase order management systems and processes.
• Excellent negotiation and vendor management skills.
• Strong analytical and problem-solving abilities.
• Proficient in Microsoft Excel and other relevant software.
• Excellent communication and interpersonal skills.