Product Buyer, Retail Operations
Toronto, Ontario
•Sales & Marketing
•Permanent
•05/24/2023
•202198
Aplin has partnered with one of the world’s foremost 21st-century cultural institutions to recruit a motivated and results-oriented individual to join their retail department as a Product Buyer in Toronto, ON.
Responsibilities:
Qualifications:
Aplin, one of Canada’s Best Managed Companies, is an employment agency that finds top talent for exceptional organizations across North America. There are no fees to apply to our jobs or engage with our recruiters to find a new career. Companies hire us to help them grow their teams. Visit our website to learn more: www.aplin.com
Responsibilities:
- Conduct strategic research on product categories that complement the organization and analyze market trends, identify growth opportunities and risks to create unique and bespoke product assortments.
- Be at the forefront of the retail industry by reacting quickly to global market changes in demand and supply chain logistics.
- Travel to attend trade shows and discover new products and suppliers that would offer unique items.
- Adhere to established retail open-to-buy product category budgets to maximize resources.
- Monitor store sales, product margins, and KPIs to make data-driven decisions and ensure the retail department exceeds targets.
- Manage inventory levels to meet shopper buying volumes.
- Create reports on trends, sales forecasting, and inventory management to optimize product performance and drive sales.
- Ensure strategic vendor management, with a key emphasis on price and quantity negotiation.
- Establish and maintain strong relationships with appropriate suppliers to ensure a continuous flow of unique and engaging products.
- Liaise with other departments to ensure that product categories and stories align with cross-departmental initiatives.
- Create product assortment collages/lookbooks for all key product stories, showcasing unique and diverse products.
- Promote products to a broader audience by working with the Coordinator of Shopify Retail Operations regarding e-commerce product postings.
- Manage vendor payments and reports as required, ensuring that all financial aspects of the retail business are managed effectively.
Qualifications:
- University degree in Business and/or Supply Management plus a diploma in Supply Chain Procurement plus at least 5 years of related experience OR an acceptable equivalent in education and experience.
- Proven experience as a retail buyer with experience in Salesforce or Shopify.
- Outstanding oral and written communication and customer service skills, with the ability to negotiate with new and existing suppliers.
- Excellent organizational and project management skills, with experience in developing and controlling budgets for retail store product purchasing.
- Familiarity with current purchasing best practices, market research, data analysis, and forecasting techniques.
- French language knowledge would be an asset.
Aplin, one of Canada’s Best Managed Companies, is an employment agency that finds top talent for exceptional organizations across North America. There are no fees to apply to our jobs or engage with our recruiters to find a new career. Companies hire us to help them grow their teams. Visit our website to learn more: www.aplin.com
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