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**Product Development Specialist**, **Procurement Manager**, **Fashion Buyer**
2 months ago
The Role:
• Develops and implements effective product development strategies to meet customer requirements and drive business growth.
• Negotiates and secures the best possible cost prices with suppliers to achieve departmental margin targets and maximize profit.
• Manages the critical path from concept to delivery, making timely adjustments to react to market conditions and ensure timely delivery.
• Identifies and capitalizes on new sourcing opportunities, collaborating with the Design team to develop innovative products.
• Provides clear and concise development specifications to suppliers, ensuring seamless communication and execution.
• Stays up-to-date on product trends and interprets market insights to inform product development decisions.
• Works closely with the Merchandising team to revise current sales strategies and capitalize on emerging trends to maximize sales opportunities.
• Anticipates and responds to emerging trends to increase market share and stay ahead of competitors.
• Monitors competitor activity and stays informed about market developments.
• Conducts buying trips to source new lines and build relationships with suppliers.
• Leads and develops junior members of the team, providing guidance and support to ensure their success.
The Candidate:
• Possesses extensive buying experience within a fast-paced fashion retailer, with a deep understanding of the market and competitors.
• Has comprehensive knowledge of the current market place, including supply chain issues, lead times, and supplier capabilities.
• Demonstrates skilled negotiation techniques and influencing skills to drive business results.
• Understands the intricacies of product costing and has a keen eye for detail.
• Can develop and implement comprehensive product ranges that meet customer needs and drive business growth.
• Possesses excellent communication skills, with the ability to effectively communicate with all levels of the business.
• Holds a fashion-related degree or business degree, with a strong foundation in business principles and practices.