Job Description

Market Research: Analyze market trends, consumer preferences, and competitors to make informed purchasing decisions.Vendor Management: Build and maintain relationships with clients, buyers, suppliers and manufacturers, negotiating prices and terms to ensure favorable purchasing conditions.Product Selection: Curate a selection of products that align with the brand\'s image and target market, considering style, quality, and price.Inventory Management: Monitor stock levels and sales performance to manage inventory effectively, ensuring optimal product availability.Budgeting: Develop and manage budgets for purchasing, ensuring that costs align with financial goals and projections.Collaboration: Work closely with buyers, and marketing teams to align product offerings with brand strategies and promotional campaigns.Sales Analysis: Evaluate sales data and trends to make informed decisions about future purchases and inventory adjustments.Trend Forecasting: Stay updated on fashion trends and emerging designers to anticipate customer needs and preferences.Skills and Qualifications

• Educational Background: A diploma/ degree in fashion merchandising, business, or a related field is typically preferred.
• Analytical Skills: Strong analytical abilities to interpret sales data and market trends. Microsoft office in excel is a must.
• Negotiation Skills: Excellent negotiation skills to secure the best prices and terms from suppliers.
• Creativity: A keen eye for fashion and trends to select appealing products especially on menswear.
• Communication: Strong interpersonal skills to collaborate with various stakeholders.

Work EnvironmentFashion buyers typically work in office settings, but they may also travel to fashion shows, trade shows, and supplier locations to scout new products and trends.Career PathMany fashion buyers start as assistants or in related roles in retail or merchandising, gradually advancing to senior buyer positions or specialized roles within the industry.This role requires a balance of analytical skills and creativity, as well as a passion for fashion and a strong understanding of the retail market.ResponsibilitiesMarket Research: Conduct thorough research to identify current fashion trends, consumer preferences, and competitor strategies.Budget Management: Develop and manage budgets for purchasing, ensuring that spending aligns with financial goals and profitability targets.Sales Analysis: Analyze sales data to assess the performance of products, using insights to inform future purchasing decisions.Inventory Oversight: Monitor stock levels and manage inventory to optimize product availability while minimizing excess stock.Trend Forecasting: Stay abreast of fashion trends, emerging designers, and industry shifts to anticipate customer needs and preferences.Collaboration: Work closely with marketing, merchandising, and design teams to align product offerings with promotional strategies and brand identity.Reporting: Prepare reports on buying decisions, inventory status, and sales performance for management review.Benefits

• Annual Bonus + Performance Bonus
• 13 Months Salary
• EPF+SOCSO
• Annual and medical leave shall be in accordance with the prevailing Labour Law
• 5min walking distance from MRT
• Hybrid working environment

Additional Benefits

• Medical and Hospitalisation Leave
• EPF / SOCSO / PCB
• Medical Insurance

SkillsData Analysis Inventory Management Financial Analysis Product Assortment Planning Fashion Trend Analysis Market Research Negotiation Vendor ManagementImportant InformationNever provide your bank or credit card details when applying for jobs. Do not transfer any money or complete unrelated online surveys. If you see something suspicious, Report This Job ad.

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