Senior Buyer for Retail Outlet Stores
3 weeks ago
This role is responsible for driving the merchandising planning process for Retail Outlet stores, from pre-season buying and planning to in-season and post-season products sell-through and margin management.
As a key member of the Retail team, you will collaborate with cross-functional teams to develop and implement OTB plans, build assortment packages, lead buying processes, and drive promotion strategies to achieve target sales and margin.
Key Responsibilities:
- Develop and implement merchandising strategies for Retail Outlet stores, working closely with the Finance, Merchandising, and Retail teams.
- Work with category merchandisers to build assortment packages and store assortment plans, taking into account channel trends and consumer needs.
- Lead the Retail channel buying process, making SKU depth decisions by store segmentation, with clear pricing structures and rational line structures.
- Conduct seasonal investment reviews after the China Trade Show, working closely with the CM to align on Retail orders and finalize Retail assortment plans.
- Make necessary adjustments to Retail monthly buys based on sales trends, update financial forecasts, and drop information.
- Assist in developing Outlet GTM plans in collaboration with the Merchandising, VM, and Retail teams.
Performance Management:
Conduct sales, margin, and rolling forecasting for Outlet stores on a seasonal and monthly basis, tracking business opportunities and risks, and matching back with monthly buying plans to adjust units.Drive promotion pricing strategies to deliver target sales and margin, collaborating with cross-functional teams for all Outlet store promotion communications.Provide weekly and monthly merchandising analysis on sales trends, excess opportunities, or potential risks, and react accordingly to ensure business KPIs are on track.Partner with the Retail team to conduct regular store visits and collect product and promotion feedback to better understand customer needs and sales trends.Collaborate with ECOM merchandising planning and inventory teams to optimize all channels' business opportunities.Participate in maintaining and developing analysis tools and databases.System Information Maintenance:
Be responsible for maintaining the retail price system to ensure product discounts are set up correctly for each Retail store.Retail Ambassador and Goalkeeper:
Act as an ambassador and goalkeeper for Retail Outlet stores, managing product lifecycles and assisting the Retail merchandising planning manager in serving business needs in Retail Outlet stores.-
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