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Head of Buying
2 months ago
Job Title: Head of Buying
Job Summary:
MacGregor Black is seeking a highly experienced and skilled Head of Buying to lead our premium menswear buying team. As a key member of our leadership team, you will be responsible for developing and implementing our buying strategy, driving sales growth, and ensuring the highest quality products for our clients.
Key Responsibilities:
- Develop and Implement Buying Strategy: Develop 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: Collaborate with design, marketing, and sales teams to ensure product offerings align with brand strategy and business objectives.
- Supplier Management: Build and maintain strong relationships with key suppliers and manufacturers to ensure the best quality, pricing, and delivery schedules.
- Negotiation and Contract Management: Negotiate contracts, terms, and conditions to ensure the best possible outcomes for our business.
- Inventory Management: Oversee the selection of fabrics, materials, and accessories to ensure the highest standards of quality and exclusivity.
- Team Leadership: Lead, mentor, and develop the buying team, fostering a culture of excellence and continuous improvement.
- Performance Monitoring: Set clear performance objectives and provide regular feedback and evaluations to ensure the team is meeting its goals.
- Financial Management: Prepare and manage the buying budget, ensuring cost-effective procurement practices and monitoring 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; ability to lead and inspire a team, fostering a collaborative and high-performance culture.
What We Offer:
Competitive salary and benefits package.
