Senior Buyer

2 months ago

Leicester, United Kingdom Just Hype Ltd Full time

**SENIOR BUYER**

Buyers are responsible for the whole process of researching and purchasing products. Buyers ensure that the purchased products have the best achievable prices and the most favourable commercial terms.

**Responsibilities**
- Develop the buying vision and strategy which is aligned to business objectives
- Work with the Design team to develop, implement and deliver the creative strategy for all Hype products to maximise sales and achieve profit target.
- Use sales and performance information to steer the Brand and maximise opportunities
- Own the product critical path to ensure that seasonal capsules are launched on time and all stakeholders are aligned on milestones and deadlines
- Research new markets, products and manufacturing processes
- Continually strive to improve and build mutually effective supplier relationships, as well as identify new sourcing opportunities and provide focused, clear development direction to the current supplier base
- Identify quality standards and ensure that all products meet those standards (fabric, colour & fit)
- Negotiate with suppliers to agree prices, quantities, delivery windows and exclusivity deals
- Ensure competitive cost prices, speed, low MOQ’s whilst maintaining brand equity
- Meet suppliers and negotiate terms of contract (in-house sourcing / production)
- Partner with the Merchandising team to plan the OTB and to monitor and review in season, making recommendations to the COO
- Work with Merchandising team to ensure that all deliveries satisfy the assigned purchase orders
- Perform competitive research and analysis to illustrate both strengths and weaknesses of products in all markets
- Adapt product offering based on customer feedback and behaviour
- Conduct regular performance analysis of the product and formulate initiatives to deliver financial targets, drive sales and optimise inventory
- Review long range plans, highlighting risks and opportunities and potential contingency plans
- Collate customer feedback on products - B2B and B2C
- Gain a deep understanding of the product needs by market and channel, and cascade those needs and requirements back to the Merchandising teams
- Oversee comprehensive pre-season analysis to support range building and assortment definition
- Work with Merchandising to define style & SKU targets for collection development and buying.
- Work with Merchandising to define carryover lists and plan the lifecycle of product as a starting point to the seasonal offer
- Ensure open communication with key accounts and stakeholders on a consistent basis regarding hits or misses for all product categories, thereby given the ability to react and analyze appropriately.
- Ensure that buying is completely aligned with marketing, with products featured in campaigns always part of the buys
- Liaise with Production and Supply Chain to ensure priorities are aligned for key products
- Support the product compliance and QC policies by investigating and resolving any quality issues as they arise.

**Salary**: From £50,000.00 per year

**Benefits**:

- Flexitime

Schedule:

- Flexitime
- Monday to Friday

Ability to commute/relocate:

- Leicester: reliably commute or plan to relocate before starting work (required)

Work Location: In person

Application deadline: 31/08/2023
Reference ID: JH1004

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