Senior Buyer

Feeblo; Cape Town; On-site; ZAR 500,000 - 800,000; Full time

Job summary

A leading company in retail is seeking a Senior Buyer in Cape Town to develop strategic purchasing plans that optimize product assortment and pricing. This role demands strong supplier negotiation skills and a track record of managing significant product categories, with an emphasis on profitability and market trends.

Qualifications

• 5+ years in retail buying, focusing on apparel, FMCG, or luxury goods.
• Strong background in supplier negotiation and inventory planning.
• Experience managing significant product categories.

Responsibilities

• Develop and execute strategic purchasing plans.
• Collaborate with Demand Planners for inventory alignment.
• Negotiate pricing and supplier terms to maximize profitability.

Skills

Retail Buying

Merchandising

Financial Acumen

Data Analytics

Negotiation

Education

Bachelor’s Degree in Business, Retail Merchandising, Supply Chain, or Fashion Management

CIPS Certification

Six Sigma Certification

Tools

ERP Software

Power BI

Retail Analytics Tools

Job description

The Senior Buyer is responsible for developing and executing strategic purchasing plans to optimize product assortment, pricing, and supplier relationships. This role drives profitability by selecting trending products, negotiating favourable terms, and ensuring inventory aligns with consumer demand and company financial goals.

Key Responsibilities :

1. Strategic Sourcing & Product Selection

• Identify and onboard suppliers / vendors that meet quality, cost, and ethical standards.
• Analyze market trends, competitor offerings, and consumer insights to curate winning product assortments.
• Attend trade shows, fashion weeks, and supplier meetings to discover new products.
• Negotiate pricing, MOQs (Minimum Order Quantities), payment terms, and exclusivity agreements .
• Build and maintain strong supplier relationships to secure competitive advantages.
• Mitigate risks by diversifying suppliers and ensuring compliance (e.g., B-BBEE in South Africa).

3. Inventory & Demand Alignment

• Collaborate with Demand Planners to forecast purchasing needs and prevent over / under-stocking.
• Monitor sell-through rates and adjust orders to maximize turnover and minimize markdowns.
• Implement seasonal buying strategies (e.g., holiday collections, summer / winter apparel).

4. Financial & Performance Analysis

• Manage open-to-buy (OTB) budgets and ensure purchases align with financial targets.
• Track KPIs (gross margin, GMROI, sell-through) to assess product performance.
• Identify cost-saving opportunities without compromising quality.

5. Cross-Functional Collaboration

• Work with Marketing to align promotions with inventory levels.
• Partner with Store Operations to optimize product placement and visual merchandising.
• Liaise with Logistics to ensure timely deliveries and resolve supply chain disruptions.

Technical Skills

• Retail Buying & Merchandising – Assortment planning, trend forecasting
• Financial Acumen – Understanding of P&L, GMROI, inventory turnover
• ERP & Procurement Software
• Data Analytics – Excel (advanced), Power BI, retail analytics tools

Soft Skills

• Commercial Awareness – Keen eye for profitable products and emerging trends
• Decision-Making – Balancing risk and opportunity in purchasing
• Relationship Building – Influencing suppliers and internal stakeholders
• Adaptability – Responding to market shifts (e.g., supply chain delays, trend changes)

Qualifications & Experience :

Education :

• Bachelor’s Degree in Business, Retail Merchandising, Supply Chain, or Fashion Management
• Certifications (Preferred) :

CIPS (Chartered Institute of Procurement & Supply)

• Six Sigma (For process improvement in procurement)

Experience :

• 5+ years in retail buying , with a proven track record in apparel, FMCG, electronics, or luxury goods .
• Experience managing multi-million-rand product categories .
• Strong background in supplier negotiation, inventory planning, and trend analysis .

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