Overview
Buyer Jobs in Bangkok, Bangkok City, Thailand at Minor Lifestyle
Title: Buyer
Company: Minor Lifestyle
Location: Bangkok, Bangkok City, Thailand
Job Location:
The Parq Building
Overview
Minor Lifestyle is one of Thailand's leading lifestyle retail and distribution companies, with more than 200 points of sale nationwide. We represent a carefully curated portfolio of internationally recognized brands across fashion, home and lifestyle – including Anello, Charles & Keith, Sunnies, Crash Baggage, Zwilling J.A. Henckels, Villeroy & Boch, Joseph Joseph and Minor Smart Kids.
We're also expanding into new territory. Through a joint venture with Pop Mart – the globally renowned collectible toy and art figure brand – Minor Lifestyle is growing beyond traditional retail into the collectibles and entertainment space, connecting consumers with the products and brands that define contemporary culture.
For people who are passionate about retail, brands and the ever-evolving world of lifestyle, Minor Lifestyle offers a stimulating environment where trends meet commerce and where the business is genuinely committed to staying ahead of both.
To be responsible for supporting Product or Merchandising Manager in executing all merchandising, promotion and inventory management activities for the brand, particularly in terms of performing sales and stock analysis to assist with merchandising and buying decision making.
Key Roles & Responsibilities
- Execute merchandising activities that align with the strategy developed by Product or Merchandising Manager
- Assist in preparing OTB (Open-to-buy) budget that optimises between stock availability and financial control
- Communicate with principals on regular basis as a key contact person, regarding product selection, buying, and other daily matters (excluding marketing area)
- Prepare product orders / reorders and manage purchase order life cycle
- Prepare allocation plans, replenishment, and consolidation stock
- Conduct the price setting to achieve targeted margin
- Monitor stock performance and stock movement to be used as an input into merchandising and promotion plans
- Monitor market changes, competitor prices and products
- Assist in preparing sales, sell through, inventory analysis
- Track delivery of stock, ensuring on time delivery while maintaining the product quality
- Work closely with Marketing, Operations and VM team to achieve the sell-through
- Provide product knowledge training for shop staff
Job Specification
Required Skills & Knowledge
- Understanding of customer’s motivation to buy
- Good analytical skill
- Good communication and interpersonal skills
- A team player with a customer-centric mindset
- Ability to work under pressure in a fast-paced environment
- Negotiation and influencing skill
- Numerical and data analytical skill
- Expert in MS Excel
- High level of accuracy and detail oriented
- English language, including speaking, writing, reading and listening
- Ability to be a trainer
Education
- Bachelor’s degree in business administration or related fields
Experience
- Buyer: Minimum 3 years of experience in merchandising function, inventory management, retail marketing
- Senior Buyer: Minimum 5 years of experience in merchandising function
- Preferably in ecommerce, retail, apparel, fashion, fashion accessories, or cosmetics industry
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