Buyer (fashion) In the retail industry, a buyer is an individual who selects what items will be stocked. Buyers usually work closely with designers and their designated sales representatives and attend trade fairs, wholesale showrooms and fashion shows to observe trends.
Buyers are the people who determine what products get to store shelves, in catalogues, and online. They do the footwork, the research and create the deals to buy large quantities of products for their companies, and then sell them to customers, or use them to create new materials that they then sell to customers.
Buyer Admin Assistant
The job role of the Buyers Admin Assistant is a highly administrative role within the fashion buying team, providing essential support to their Assistant Buyer, Buyer and Senior Buyer.
The Buyers Admin Assistant's responsibility is to ensure the smooth running of the critical path through the whole fashion buying cycle. Whether the product is womenswear, menswear, childrenswear, fashion accessories, footwear, lingerie or homeware the job role remains the same.
The duties of the Buyers Admin Assistant includes placing purchase orders, creating and maintaining the critical path, attending fit sessions, competitive shops and the maintenance of the sample library, racking up samples, creating fashion trend boards for buying meetings.
Ad hoc duties are also an essential daily part of the Buyers Admin Assistant job role as you are providing full administrative support to the fashion buying team.
A Buyers Admin Assistant can also be referred to as a BAA within the fashion industry
Assistant Buyers and managers with writing purchase orders, buying merchandise, and managing inventory. Research suppliers to determine which ones fit company pricing and quality objectives. Advise retail outlets how to price products based on purchase price and market trends.
In the retail industry, a buyer is an individual who selects what items will be stocked. Buyers usually work closely with designers and their designated sales representatives and attend trade fairs, wholesale showrooms and fashion shows to observe trends.
Assistant Merchandisers ensure that products appear in the right store, or on a website at the appropriate time and in the correct quantities. This involves working closely with the buying teams to accurately forecast trends, plan stock levels and monitor performance.
Merchandising is about planning and developing a strategy to enable a company to sell a range of products that deliver sales and profit targets. A Merchandiser will work closely with a Buyer to ensure the product that are bought will enable them to achieve the sales plan.
Merchandisers ensure that products appear in the right store, or on a website at the appropriate time and in the correct quantities. This involves working closely with the buying teams to accurately forecast trends, plan stock levels and monitor performance.
Merchandising is often seen as the more glamorous side of retail, be it in supermarkets, fashion stores or even humble Poundland because you are the person responsible for deciding which products to buy and how they are displayed.
Retail Business Analysist
A Retail Business Analysist is involved in the design or modification of business systems or IT systems. The analyst interacts with the business stakeholders and subject matter experts in order to understand their problems and needs. The analyst gathers documents and analyses business needs and requirements.
A retail merchandising analyst helps maximize the profit potential for a retail store or retail chain. By analyzing inventory risks and opportunities, and implementing inventory allocation strategies, the merchandising analyst improves cash flow and increases profit margins.
The job role of the Allocator / Distributor is to provide support to the whole of the fashion / retail merchandising team. An Allocator / Distributor job in fashion is often the first step that a candidate will take on their way to becoming either a Fashion Merchandiser or Branch Merchandiser.
Although the job role of the Allocator / Distributor can be a very admin focused job role they are important within the fashion / retail merchandising team. Their role is to ensure that stock is directed to stores in the right volumes at the right time to optimise profitability. This includes replenishing stock when it is low by looking at the sales of individual branches. The Allocator / Distributor will often be the first point of contact for the stores to the merchandising team. It is key that the Allocator / Distributor has a keen attention to detail so that the individual branches of the retail company never run out of stock.
The value of a distributor is in its network of retail outlets. The manufacturer develops contract pricing for bulk purchases with the distributor, and the distributor markets the products to its retail clients. The distributor sells to its retail clients at a pricing level known as wholesale.
The Role of Distributors in Today's Economy. In today's fast-paced economy, many companies are questioning the role of distributors. ... They can expedite response times, enhance a company's reach, and even create value-added packages that complement a company's product offering or scope