Assistant Buyer

**POSITION: Assistant Buyer**

This is an analytic and supporting role, responsibility will include the planning and purchasing for our company-owned stores and websites. This position will develop and execute demand forecasting and inventory management, ensuring the right balance of assortment investments and accurate inventory flow in optimizing inventory, maximizing sales and profitability while driving business initiatives in partnership with cross-functional teams towards meeting divisional financial targets and brand strategies.

**Responsibilities**:

- Partner with the buyer to develop annual and seasonal financial plans that support the brand strategies. Establish seasonal assortment roll-up plans, both top-down and at SKU level and ensure the right balance of inventory optimization on newness and core business vs plan sales and merchandising strategies.
- Assist Buyer in analysing business performance, SKU productivity, trends and provide hind sights to identify opportunities and drive pre-season strategy and assortment plans.
- Ensure SKU plans are completed and passed to achieve PO placement deadlines and address any issues that impede this goal for core and seasonal products.
- Manage successful placement and accurate tracking of brand Global purchase orders.
- Assist in developing Season Flow Calendar and Line Range with buyer

**In-Season**:

- Review current business with Buyer to take appropriate actions to maximize sales, margin, and inventory productivity (daily, weekly, monthly) at all levels.
- Partner with Buyer to develop 12 monthly rolling financial forecasts that support the brand strategy and maximize sales and margin within inventory budgets.
- Analyse inventory levels and ensure inventory levels support brand strategy, minimize out of stock, and manage inventory flow to ensure appropriate in-stock rates are achieved for launches.
- Analyse and build promotional plans in partnership with buyer and marketing team; to update, plan exit strategies, and accurately forecast monthly promotional plans that support sales, margin, and inventory goals achievement.
- Manage promotional plans at SKU level demand forecast and re-order plans to maximize SKU productivity and achieve inventory optimization.
- Placement and tracking of brand Global purchase orders and identify solutions to resolve fall out.
- Proactively and collaboratively address any shortcomings or opportunities to improve tools and processes.
- Collaborate with the allocation team on allocation parameters and flow quantities to support promotional activity, high-seasonal holidays, markdown replenishment, and in-store events.
- Collaborate with supply chain, logistics, and distribution functions to identify and resolve supply chain and shipment timeline issues.

**DESIRABLE QUALIFICATIONS & COMPETENCIES**:

- Educated to a degree level.
- Min 2 years’ experience in a role with analytical/strategic responsibilities - Retail industry experience a plus.
- Possess Strong technical, analytical, and problem-solving skills.
- Proficiency in Advanced Microsoft Excel (eg. Formulas, Pivot tables, V-Lookup, etc) is a must
- Meticulous and detail-oriented with strong follow-through
- Strong organizational skills & ability to multi-task
- Ability to work in a fast-paced, collaborative environment.
- Able to deliver results by influencing internal and external partners.
- Superior written and spoken communication, listening, and presentation skills in Mandarin and English are essential
- International experience preferred.

**Job Types**: Full-time, Permanent

**Salary**: $3,000.00 - $3,500.00 per month

Schedule:

- Day shift
- Monday to Friday

Work Location: One location