Under the direction of a Senior Buyer, to source, purchase and merchandise specific product category in a timely and efficient manner, in order to maximize net profit contribution to the company.
Buying to source, select and secure a suitable range of products for QVC to fit the target market and meet sales targets ensuring the range is fresh and exciting for the customer.
To negotiate the best possible prices and conditions of trade
To work closely with Planning to review product performance, plan and grow the product range.
To work closely with all relevant departments in order to develop a good understanding of QVC operational requirements to aid buying decisions, including, but not limited to Planning, Broadcasting and Distribution.
To be aware of inventory levels, taking accountability for the return to supplier (RTV) process, ensuring stock is returned in a timely manner.
To regularly meet with suppliers to review product performance and develop new concepts, ensuring products comply with QVC’s long-
term objectives and quality standards.
To work with other Buyers / Senior Buyers and / or Merchandise Manager do develop supplier relationships, keeping abreast of new trends and competitor activity, and taking advantage of new ideas / concepts and products
To negotiate vendor contracts and ensure they are executed in a timely manner.
To ensure all relevant financial information regarding product performance (historical and projected) is accurately prepared as and when required (e.
g. year plan, monthly and quarterly reviews).
To support the Senior Buyer with the preparation of sales forecasts
To support the Senior Buyer in continually reviewing sales plan and reacting where appropriate to meet budget
Education : Degree in economics or equivalent
At least 3 years of experience as buyer retail
Experience in Home and Electronics is preferable
Excellent knowledge of Microsoft office and especially Excel
Excellent Communication & re lation skills
Enthusiasm and Commitment
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