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Head of Buying and Merchandising

2 months ago

London, Greater London, United Kingdom MacGregor Black Full time
Job Overview

MacGregor Black is seeking a highly experienced and skilled Head of Buying to join our team. As a key member of our leadership team, you will be responsible for developing and executing our buying strategy, driving business growth, and ensuring the highest quality products for our clients.

Key Responsibilities
  • Develop and Implement Buying Strategy: Create and execute a comprehensive buying strategy that aligns with our brand vision and market position.
  • Market Analysis and Forecasting: Analyze market trends, customer preferences, and sales data to forecast demand and plan product assortments.
  • Collaboration and Communication: Work closely with design, marketing, and sales teams to ensure product offerings meet brand strategy and business objectives.
  • Supplier Management: Build and maintain strong relationships with key suppliers and manufacturers, negotiating contracts and terms to ensure quality, pricing, and delivery schedules.
  • Product Curation: Curate a product mix that enhances our premium positioning and meets the needs of our clientele, overseeing the selection of fabrics, materials, and accessories.
  • Inventory Management: Monitor inventory levels to optimize stock and reduce excess and obsolete inventory, implementing inventory management strategies to ensure timely availability of products.
  • Team Leadership: Lead, mentor, and develop the buying team, fostering a culture of excellence and continuous improvement.
  • Performance Management: Set clear performance objectives, provide regular feedback and evaluations, and encourage innovation and creativity within the team.
  • Financial Management: Prepare and manage the buying budget, ensuring cost-effective procurement practices, and monitor financial performance to achieve sales and profit targets.
Requirements
  • Education: Bachelor's degree in Fashion Merchandising, Business Administration, or a related field; MBA preferred.
  • Experience: Minimum of 8-10 years of experience in buying, with at least 5 years in a senior buying role within the premium menswear industry.
  • Skills: Strong knowledge of the premium fashion market, tailoring processes, and high-end fabrics and materials; excellent negotiation, communication, and interpersonal skills; strong analytical and financial acumen.
What We Offer

Competitive salary and benefits package.