21 Sep
|
DJT Fashion
|
Noida
Role & responsibilities
Retail Buyers for Mens & Kids Wear are responsible for selecting, purchasing, and managing the product assortment that aligns with customer demand, fashion trends, and financial goals. This role requires a balance of creative fashion intuition and analytical data skills to maximize sales and profitability across two distinct market segments.
Key ResponsibilitiesAssortment Planning & Trend Forecasting
- Trend Research: Analyze runway trends, street style, competitor offerings, and market data to forecast upcoming styles for both men's and kids' segments.
- Product Selection: Curate a balanced product mix of apparel, footwear, and accessories that fits the brand's identity and customer demographics.
- Range Building: Develop cohesive seasonal collections, ensuring the right balance of core basics and high-fashion trend pieces.
Financial & Inventory Management
- OTB Management: Manage the Open-to-Buy (OTB) budget efficiently to optimize cash flow and inventory turnover.
- Sales Analysis: Review weekly, monthly, and seasonal sales reports to identify best-sellers and slow-moving items.
- Pricing Strategy: Establish competitive pricing, markup targets, and markdown strategies to protect profit margins.
Vendor & Supply Chain Management
- Sourcing & Negotiation:
Source new brands or manufacturers and negotiate favorable terms, pricing, discounts, and delivery schedules.
- Vendor Relations: Maintain robust relationships with existing suppliers to ensure product quality and on-time delivery.
- Compliance: Ensure all kids' wear items strictly adhere to safety and quality regulations (e.g., fabric safety, choking hazards).
Cross-Functional Collaboration
- Merchandising: Work with visual merchandisers to ensure key products are highlighted effectively in stores and online.
- Marketing: Partner with marketing teams to plan promotional calendars and campaign features for seasonal launches.
- Store Feedback: Gather insights from store managers regarding customer feedback, sizing issues, and regional preferences.
Role Requirements
Category Requirements Education
Bachelors degree in Fashion Merchandising, NIFT Business, Marketing, or a related field.
Experience3–5 years of retail buying experience, ideally with specific exposure to apparel.
Analytical Skills Proficiency in retail math (margins, sell-through, markups, OTB) and Excel.
Segment Knowledge Understanding of men's fit/tailoring and kids' safety standards/sizing by age.
Preferred candidate profile
📌 Fashion Retail Buyers For Mens and Kids Wear (Noida)
🏢 DJT Fashion
📍 Noida