Specialist, Buying, Dtc
2 days ago
Purpose & Overall Relevance for the Organization:
- This role is responsible for supporting Own Retail (ORT) business by implementing all day-to-day trading activities of the department by reviewing buy and work closely with In-season Trading (IST) team to focus upon delivering of planned sales, margin and terminal stock objectives.
- This includes:
- Implementation of Merchandising Country Strategy
- Execution of the Merchandising End-to-End (E2E) process
- Planning the right buying strategy & buy volume for ORT
- Monitoring all in season activities for Franchise BLR
- Finalize assortment planning for ORT
- Providing feedback to SEAPAC DTC Buying Department
- Abbreviations:
- DTC: Direct to Consumer
- ORT: Own Retail
- FRS: Franchise
- BLR: Brand Led Retail
- OTB: Open to Buy
- A&R: Allocation & Replenishment
- EOS: End of Season
- PLC: Product Lifecycle
- E2E: End to End
Key Responsibilities:
- Support the implementation of key strategic priorities in the country across ORT within the SEAPAC DTC Buying Department framework.
- Responsible for the Buy in the country for ORT.
- Prepare Forecast and place Final Orders at an article level based on the given Open-To-Buy (OTB) budget for ORT.
- Drive and achieve Benchmarks and KPIs on productivity and sell-through which are aligned with SEAPAC DTC Buying Department.
- Build the right product mix based on the share of business of store formats, product categories, store types, age and gender mix for ORT.
- Review and implement the right buying analysis by categories for ORT.
- Support our ORT to ensure their sell-in buy is appropriate by giving them the right range recommendation per store based on SEAPAC DTC Buying seasonal strategies
- Provide guidance to ORT to ensure that all merchandising strategies and principles are executed timely and correctly.
- Ensure orders are placed accurately and on-time for ORT.
- Carry out and ensure products are launched on time with adequate stock for ORT.
- Work closely with In-season Trading (IST)/ Store Operations to ensure product grading and product option plan are in line with space management guideline (pre-season) for ORT.
- Work closely with IST key person in monitoring and ensure that the Best Sellers are fully replenished on a weekly basis.
- Compile each store’s capacity plan for reference during the Buying process.
- Generate and analyze ORT’s Key Buy, Sales and Inventory reports.
- Ensure in-season chase models (SPEED, In-Season-Creation and Planned-Responsiveness) are well managed to make sure inventory is optimal for ORT.
- Follow ORT store-visit schedule to achieve an expected amount of time spent in the stores. Ratio of time to be spent in office versus stores is recommended as 60%/40% respectively.
- Analyze ORT (SVP) Store Visits Pack prior to store visits.
- Requisite Education and Experience / Minimum Qualifications:
- Educational:
- University degree in business, ideally with marketing and sales focus or equivalent professional experience
- Merchandising/Retail Finance/ Business Analytics Experience: 4-5 years
- Management Experience:0-2 years
- Functional:
- Merchandising skills with a minimum 4-5 years’ experience in retail planning and operations
- Fluency in English
- Exposure in managing multiple markets will be a plus
- Industry: Preferably in apparel/ fashion/ FW or FMCG Retail
- Exposure: Sports, Fashion
AT ADIDAS WE HAVE A WINNING CULTURE. BUT TO WIN, PHYSICAL POWER IS NOT ENOUGH. JUST LIKE ATHLETES OUR EMPLOYEES NEED MENTAL STRENGTH IN THEIR GAME. WE FOSTER THE ATHLETE‘S MINDSET THROUGH A SET OF BEHAVIORS THAT WE WANT TO ENABLE AND DEVELOP IN OUR PEOPLE AND THAT ARE AT THE CORE OF OUR UNIQUE COMPANY CULTURE - THE 3CS: CONFIDENCE, COLLABORATION AND CREATIVITY.
CONFIDENCE allows athletes to make quick decisions on the field, to reach higher. For us at adidas confidence means acknowledging that we don’t have all the answers. But we are willing to take risks, we try new things. And if we fail, then this is part of our learning - it helps us improve.
COLLABORATION. Every elite athlete relies on partners: coaches, teammates, and nutritionists. We, too, know that we are stronger together. Winning as one team takes open and candid dialogue, inclusiveness and trust in each other’s abilities and talents.
Being the best sports company in the world takes CREATIVITY. No great athlete succeeds by copying their predecessors’ training plans and strategies. We have to be open to new ideas, explore, gain an edge and stand out. Only then can we succeed.
**ADIDAS CELEBRATES DIVERSITY, SUPPORTS INCLUSIVENESS AND ENCOURAGES INDIVIDUAL EXPRESSION IN OUR WORKPLACE. WE DO NOT TOLERATE THE HARASSMENT OR DISCRIMINATION TOWARD ANY OF OUR APPLICANTS OR EMPLOYEES. WE ARE AN EQUAL OPPORTUNITY EMPLOYER.**
***
- JOB TITLE:
- Specialist, Buying, DTC- BRAND:
- adidas- LOCATION:
- Singapore- TEAM:
- Retail (Back Office)- STATE:
- 01- COUNTRY/REGION:
- SG- CONTRACT TYPE:
- Full time- NUMBER:
- 472215- DATE:
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