Overview
Junior Buyer Jobs in Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia at ZALORA Group
Title: Junior Buyer
Company: ZALORA Group
Location: Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
The purpose of a Junior Buyer role is to assist in the selection and procurement of fashion products that align with the company’s brand and customer needs. This role involves market research, trend analysis, and negotiation with suppliers to ensure the best assortment. The Junior Buyer also collaborates with other departments such as marketing and sales to ensure the successful launch and promotion of the selected items.
DescriptionThe role entails managing brands on both the marketplace and wholesale business model.
We are looking for a motivated Junior Buyer to join our team. The ideal candidate will have experience in fashion and/or lifestyle industry, ideally in a multiple brand category. In this role, you will be responsible for managing a portfolio of brands, developing and executing sales strategies, and driving growth.
The ZALORA Junior Buyer has a great level of ownership and accountability. With having your own brand and range responsibilities, it is at this level that you will be expected to have a holistic business-wide perspective, and identify wins and opportunities collaboratively outside of your own direct team.
What is essential to succeed and progress at this level are the behavioral and operational elements of the role evidenced by continuous development of oneself i.e. people skills, job skills, a sound understanding of our customer and competition etc.
Responsibilities:
Develop and maintain strong relationships with key brand partners
Develop and execute sales strategies to achieve revenue targets
Monitor and analyze sales performance to identify opportunities for improvement
Conduct frequent brand review meetings either on a monthly, quarterly or seasonal basis
Builds and buys the most relevant range for the target customer
Ownership of weekly trade within own portfolio, including replenishment, stock swaps, RTS, etc.
Supports all facets of contract negotiations with new potential brands/ suppliers
Demonstrates an understanding of new fashion and retail trends, and how these can affect the trading climate, regularly reads market research data and spots new business opportunities
Conducts regular competitor analysis to assess ranges, identify opportunity and direction for brand exclusives, gain ideas for on-line layout and content, brand acquisition opportunities, sales impacting initiatives, etc.
Identifies promotional/ marketing opportunities for the business in order to motivate further sales and provides a competitive and exciting retail environment for the customer
Conducts in-season and end of season SWOT analysis leading to strategy reviews which is able to succinctly be presented to senior management
Manages supplier performance including intake margin, trading margin, sell through, stock turn, delivery, etc.
Requirements:
1-2 years’ minimum working experience in a relevant buying/merchandising role.
Experience with international/regional brands and an understanding of the e-commerce business will be a plus.
Demonstrated ability to lead a business.
Experience of the buying cycle, the associated processes and management of seasonal timelines
Highly analytical with a passion for excel and numeracy. Proven experience of data, reporting and analysis
Ability to communicate clearly and effectively with brands and internal departments
Attention to detail and high commitment to accuracy
Pro-active, driven and determined to achieve results in a f…
