Senior Buyer - Leicester, United Kingdom - Just Hype Ltd

Just Hype Ltd

Verified Company

Leicester, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

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 (inhouse 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 preseason 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.