Menswear Assistant Buyer - London, United Kingdom - Ted Baker

Ted Baker
Ted Baker
Verified Company
London, United Kingdom

1 week ago

Tom O´Connor

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Tom O´Connor

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Description

TED's guide to what the Assistant Buyer does round here
:


Ted's Mission Statement:


  • Our Mission is to build a successful company through the creation of a leading designer brand. By conducting ourselves in an _
- efficient_
- and _
- courteous_
- manner and by maintaining Ted's high standards and _
- integrity_
- , we pride ourselves in always being in a position to satisfy the needs of our customer. In order to protect the _
- ethos_
- and _
- persona_
- for which we have gained an enviable reputation, we always ask ourselves the question: _
- 'Would Ted do it that way?'_**
Where does this role fit within Ted's Team?

  • Being part of the wider Trading team, the role of Assistant Buyer is varied in its responsibilities whilst still performing administrative duties the role becomes more creative and strategic in its expectations.
  • An Assistant Buyer understands the brand and customer well. In addition to their blossoming creative skills their analytic skills will come into play. Understanding the market place, the facts and the figures are essential.

Key duties and Responsibilities

  • Under the accountability of a Senior Buyer/Buyer, the Assistant Buyer is responsible for individual, smaller product categories throughout the complete product lifecycle; building seasonal design range plans, assisting in buy selections, product pricing, and analysing performance.
  • Analysing weekly sales reports to present in trade meetings and recommend trading actions alongside Merchandising team, also communicate commercial needs and opportunities to the wider business.
  • Present new product opportunities to senior, based on sales and trend analysis, with intent to present to Design and influence future ranges development.
  • Conducting competitive shopping analysis including pricing analysis.
  • Preparing relevant information for trade meetings and seasonal buy meetings, with support from Buying Admin Assistant, to ensure relevant sales history is considered whilst making decisions for future seasons.
  • Daily communication with Production team to track deliveries and ensure accuracy of all data entry related to purchase orders.
  • Negotiating supplier cost prices, with support from manager, ensuring commercial, quality and financial targets are achieved.
  • Managing product data entry, including costs, seasonal themes, and purchase order data with support from Buying Admin Assistant.
  • Managing and maintaining systems with extremely high level of accuracy.
  • Supports Buyers with the development of the junior team members, including any relevant training on systems and general ways of working.

Required skills, knowledge and experience

  • Effective listening, communication (verbal and written), and excellent commercial mindset.
  • Ability to influence those around you at all levels.
  • Ability to identify issues, develop solutions & drive results.
  • Flexible in nature and willingness to go the extra mile to support the department.
  • Maturity and confidence in approach.
  • High attention to detail to ensure accuracy.
  • Demonstrates good analytical skills in order to build understanding reports.
  • Product Development skills.

Personal traits

  • Confident and motivated
  • Sharp organisational skills
  • Works effectively under pressure
  • Efficient and accurate
  • Good time management skills
  • T
-
ed's Core Competencies

  • Satisfy the needs of our
    _customer_, always
  • Pursue growth and opportunities through
    _initiative and proactivity_
  • Build open and
    _honest_ relationships with clear
    _communication_
  • Create a positive
    _team_ environment, encourage
    _collaboration_
  • Be proud, passionate,
    _motivated,_ committed
  • T
ake ownership, be
_accountable_

  • Encourage
    _organisation_, high standards and efficiencies
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