Head of Buying

Description:

Key Responsibilities

• Analyse market data, sales performance, and customer demand to make informed buying decisions.
• Identify emerging product trends, designs, and styles across the UK, US, and European markets.
• Lead product selection and development, focusing on innovative, attractive, and market-relevant designs.
• Identify opportunities to introduce trending and high-demand products to the business.
• Analyse competitor products, market positioning, and pricing strategies to maintain competitive business pricing.
• Develop buying strategies to improve product range, profitability, and overall sales performance.
• Coordinate with suppliers regarding product designs, specifications, pricing, quality, and delivery timelines.
• Work closely with design, marketing, sales, and warehouse teams to ensure successful product development and availability.
• Monitor market trends and regularly update product research, buying tools, and sourcing databases.
• Identify cost-saving opportunities while maintaining product quality and commercial value.
• Lead the buying team and ensure effective execution of buying plans and business targets.

Required Skills & Qualifications

• Preferably a Bachelor's degree in Business, Marketing, or Supply Chain Management.
• Preferably 5 years of experience in buying, product sourcing, procurement, or product development.
• Good understanding of UK, US, and European consumer trends, product designs, and market demands.
• Strong knowledge of product costing, pricing, profit margins, and competitor analysis.
• Experience in supplier negotiations and international sourcing.
• Ability to identify creative, innovative, and commercially viable product opportunities.
• Strong communication, leadership, and supplier coordination skills.
• Proficiency in market research, buying, and analytical tools.