Retail Buyer

2 weeks ago

Ho Chi Minh City, Ho Chi Minh, Vietnam Central Retail Full time ₫6,000,000 - ₫12,000,000 per year

Company Description

A proud member of Central Retail in Vietnam, Central Brand and Specialty Group (CBS) is a leading force in multi-category retail, offering a curated selection across Fashion, Beauty, Sports & Sports Lifestyle, Technology, Office Supplies & Stationery, and Premium Food & Beverage. Through its extensive network of branded and specialty stores, CBS delivers high-quality products and exceptional experiences that elevate everyday lifestyles.

Responsibilities

To manage buying and product selection for the SPORTS LIFESTYLE sub-category by working closely with brands and collaborating with the planning team. The role ensures timely product availability, optimal inventory levels, and alignment with sales and profitability goals.

Responsibilities

  1. Buying process

  2. Work directly with brands to manage the buying process, including issuing purchase orders (PO) and aligning product assortments.

  3. Ensure timely and accurate communication with brands regarding order status, deliveries, and inventory needs.

  4. Demand Planning & Forecasting

  5. Collaborate with the planning team to ensure that buying decisions align with demand forecasts and inventory strategies.

  6. Provide input and coordinate with the planner on forecast adjustments, stock needs, and replenishment schedules.

  7. Merchandise & Profitability Management

  8. Optimize the merchandise mix to achieve sales and gross profit (GP) targets.

  9. Ensure effective stock management to minimize overstock and improve sell-through performance.

  10. Inventory & Supply Management

  11. Oversee PO management, stock transfers, and inventory control, ensuring accurate tracking and stock availability.

  12. Communicate and adjust supply plans based on actual sales performance and any unforeseen demand changes.

  13. Sales & Promotion Analysis

  14. Continuously review historical sales data, promotional impacts, and forecast accuracy to improve purchasing strategies.

  15. Provide insights and contingency plans in response to abnormal demand or shifts in market conditions.

  16. Product Launches & Coordination

  17. Manage the execution of new product launches, promotional activities, and packaging updates through close coordination with brands and internal departments.

  18. Cross-Functional Collaboration

  19. Partner with other departments to ensure alignment on inventory, promotions, and issue resolution related to purchasing and supply chain activities.

  20. Reporting & Analysis

  21. Provide daily, weekly, and monthly reports on sales, inventory, PO status, and shipments to inform strategic decisions.

Qualifications

  • Proficiency in English with confident presentation skill
  • Minimum 3 years of progressive experience in Retail Buying, preferably within Fashion Retail industry.
  • Strong understanding of retail purchasing, product assortment, and supplier management.
  • Proficiency in Microsoft Excel for managing inventory and purchase orders.
  • Strong negotiation and relationship-building skills with brands.
  • Able to analyze market trends and sales data to inform buying decisions.
  • Capable of managing multiple tasks and product launches efficiently.
  • Flexible in a fast-paced, dynamic retail environment.
  • Team-oriented with strong cross-functional and external collaboration abilities.

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