The Retail Buyer position at Brand Folio LLC in Johannesburg offers a negotiable salary range of R40,000.00 - R60,000.00 per month, along with benefits such as medical aid, car allowance, parking, and travel allowance. Key responsibilities include:
### **Key Responsibilities:**
- **Product Selection and Purchasing:**
- Identify and source new products that align with the company’s retail strategy and customer preferences.
- Evaluate and select suppliers based on product quality, price, and delivery performance.
- Negotiate contracts, prices, and terms of sale with suppliers.
- **Market Analysis:**
- Conduct market research to identify trends, customer needs, and competitive pricing.
- Monitor industry trends and competitors to inform buying decisions.
- **Inventory Management:**
- Maintain optimal inventory levels to ensure product availability while minimizing excess stock.
- Collaborate with the inventory management team to track stock levels and reorder products as necessary.
- Manage stock turnover and reduce slow-moving inventory.
- **Vendor Relationships:**
- Build and maintain strong relationships with suppliers to secure the best terms and reliable supply.
- Resolve any issues or disputes with suppliers efficiently.
- **Financial Management:**
- Develop and manage budgets for product categories.
- Analyze sales data and financial performance of products to inform future purchasing decisions.
- Ensure that purchasing activities align with financial goals and profit margins.
- **Collaboration:**
- Work closely with the merchandising, marketing, and sales teams to develop product strategies and promotional activities.
- Provide product knowledge and training to the sales team to enhance their ability to sell effectively.
### **Candidate Requirements:**
- **Qualification:**
- Bachelor’s degree/diploma in Buying/Fashion, Business Administration, Marketing, or a related field.
- **Experience:**
- Minimum of 3-5 years of experience as a Retail Buyer or in a similar role.
- Proven experience in negotiating and managing supplier relationships.
- **Skills:**
- Proficient time management and organizational skills.
- Proficient with Microsoft Office with advanced knowledge in Excel.
- Highly analytical, creatively inclined, passion-driven with a good sense of fashion business and trend forecasting and design.
- Proficient in communication, visualization, purchasing trend analysis, and vendor relations.
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