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For Companies At a Glance
- Tasks: Shape product offerings and manage supplier relationships in a dynamic eCommerce environment.
- Company: Join a rapidly expanding eCommerce Retail/Interiors brand in West Yorkshire.
- Benefits: Enjoy a competitive salary up to £45,000 plus benefits.
- Why this job: Be part of a growing team that values strategic thinking and trend analysis.
- Qualifications: Experience in buying, strong negotiation skills, and analytical mindset required.
- Other info: Collaborate with marketing and operations for product launches and promotions.
The predicted salary is between 36000 - 54000 £ per year.
Central Employment are delighted to be working with a rapidly expanding eCommerce Retail/Interiors brand, as they look to appoint a Senior Buyer & Merchandiser, based from there facility in West Yorkshire.
- Up to £45,000 DOE + benefits
- Part of a growing in-house Buying & Online Merchandising team
Senior Buyer & Merchandiser profile:
As a Senior Buyer & Merchandiser, you will play a critical role in shaping there product offering and ensuring the success of there inventory strategy. You will manage supplier relationships, select and negotiate product assortments, and collaborate with internal teams to deliver a competitive and profitable product range. This role requires a strategic thinker with a keen eye for trends and a results-driven approach to procurement and inventory management.
Senior Buyer & Merchandiser responsibilities:
- Identify, evaluate, and establish relationships with suppliers for both drop shipping and stock purchases.
- Negotiate favourable terms, including pricing, payment terms, and delivery schedules.
- Ensure supplier reliability and adherence to quality and service expectations.
- Research market trends, competitor offerings, and customer preferences to curate a competitive and appealing product assortment.
- Evaluate the profitability and demand potential of products to align with business goals.
- Regularly update the product portfolio to reflect seasonal trends and customer demand.
- Forecast demand to manage inventory levels effectively, preventing overstocking or stockouts.
- Oversee the performance of drop shipping suppliers to ensure reliable and timely order fulfilment.
- Collaborate with warehouse and operations teams to optimize stock management and fulfilment efficiency
- Analyze cost structures to maintain competitive pricing while maximizing profit margins.
- Conduct regular market analyses to adjust product pricing in response to competition and trends
- Work closely with marketing, sales, and operations teams to coordinate product launches, promotions, and inventory strategies.
- Provide input on product descriptions, images, and other content for the e-commerce platform to ensure alignment with the brand.
- Track and analyze sales and inventory metrics to identify top-performing products and opportunities for improvement.
- Lead weekly trade meetings to share insights, address challenges, and align teams on key priorities
Experience required:
- Proven experience in a buying role, preferably within the furniture or home goods industry.
- Strong negotiation skills and ability to build lasting supplier relationships.
- Solid understanding of inventory management and demand forecasting.
- Analytical mindset with experience using sales and inventory data to drive decisions.
- Knowledge of market trends and customer preferences in the furniture/home goods sector.
- Excellent communication, organizational, and collaboration skills.
- Proficiency in Microsoft Excel and familiarity with inventory management systems or ERP software
Senior Buyer & Merchandiser employer: Central Employment
Contact Detail:
Central Employment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Buyer & Merchandiser
✨Tip Number 1
Familiarize yourself with the latest trends in the furniture and home goods industry. Follow relevant blogs, social media accounts, and market reports to stay updated on what’s hot and what’s not. This knowledge will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the eCommerce and retail sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues or mentors. Building relationships can often lead to job opportunities that aren’t publicly advertised.
✨Tip Number 3
Prepare to discuss your negotiation strategies and past successes in supplier management. Be ready to share specific examples of how you’ve built strong relationships and achieved favorable terms in previous roles, as this is crucial for the Senior Buyer & Merchandiser position.
✨Tip Number 4
Showcase your analytical skills by being prepared to discuss how you use data to inform your buying decisions. Familiarize yourself with key metrics and be ready to explain how you’ve used sales and inventory data to drive product assortment strategies in the past.
We think you need these skills to ace Senior Buyer & Merchandiser
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in buying and merchandising, especially within the furniture or home goods industry. Use specific examples to demonstrate your negotiation skills and supplier relationship management.
Craft a Compelling Cover Letter: In your cover letter, express your passion for eCommerce and interiors. Discuss how your strategic thinking and analytical mindset align with the responsibilities of the Senior Buyer & Merchandiser role. Mention any specific trends you've identified in the market that could benefit the company.
Showcase Your Analytical Skills: Provide examples of how you've used sales and inventory data to drive decisions in previous roles. Highlight your proficiency in Microsoft Excel and any experience with inventory management systems or ERP software.
Prepare for Interviews: Be ready to discuss your approach to supplier negotiations and how you ensure product quality and service expectations. Prepare to share insights on market trends and customer preferences that could impact the company's product assortment.
How to prepare for a job interview at Central Employment
✨Showcase Your Negotiation Skills
Prepare specific examples of successful negotiations you've conducted in the past. Highlight how you achieved favorable terms and built strong supplier relationships, as this is crucial for the Senior Buyer & Merchandiser role.
✨Demonstrate Market Knowledge
Research current trends in the furniture and home goods industry. Be ready to discuss how these trends can influence product selection and inventory management, showcasing your analytical mindset.
✨Highlight Collaboration Experience
Discuss your experience working with cross-functional teams, such as marketing and operations. Provide examples of how you coordinated product launches or promotions, emphasizing your organizational and communication skills.
✨Prepare for Data-Driven Discussions
Familiarize yourself with key sales and inventory metrics relevant to the role. Be prepared to discuss how you've used data to drive decisions in previous positions, demonstrating your analytical capabilities.
