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Buyer (Textile/Bed/Bath)
2 months ago
Responsibilities:
Product Sourcing and Selection:Identify and source a diverse range of textiles, linens, and bed/bath products to meet customer preferences and market trends.Evaluate potential suppliers, negotiate contracts, and maintain strong vendor relationships to ensure product quality, cost-effectiveness, and timely deliveries.
Market Analysis:Conduct thorough market research to stay informed about industry trends, competitor offerings, and customer preferences.Utilize market insights to make informed decisions on product assortment, pricing, and promotional strategies.
Inventory Management:Collaborate with the inventory management team to optimize stock levels, ensuring a balance between demand and supply.Monitor inventory turnover rates and take proactive measures to prevent overstock or stockouts.
Cost Negotiation:Negotiate favorable terms, including pricing, payment, and shipping terms, to maximize profitability while maintaining product quality standards.Work closely with suppliers to identify cost-saving opportunities and drive continuous improvement.
Quality Control:Establish and enforce quality standards for textiles, linens, and bed/bath products.Conduct regular product inspections and collaborate with suppliers to address quality issues promptly.
Collaboration with Cross-functional Teams:Work closely with the marketing team to develop effective product promotion and marketing strategies.Collaborate with the sales team to understand customer feedback and adjust product offerings accordingly.
Qualifications:Bachelor's degree in Business, Merchandising, or a related field.Proven experience as a Buyer with a background in textiles, linens, or bed/bath products.Strong negotiation skills and the ability to build and maintain effective vendor relationships.Experience buying weekly from vendors Analytical mindset with the ability to interpret market trends and make data-driven decisions.Excellent communication and interpersonal skills.Detail-oriented with a focus on quality control.Excellent written and verbal communication skills.