VF Corporation

Assistant Buyer

Shanghai, Shanghai, CN

12 days ago
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Summary

Role & Responsibilities:

Key Result Areas:

  • Support to execute key strategies for buying function and closely monitor responsible market product performance across 3 channels to deliver the financial category/classification targets, inventory levels, margins, turns, and sales promotions to ensure maximum return on investment.
  • Support assortment efficiency during buy to drive through Sell Through improvements, RSP opportunities, volume drivers and market specific adaptation
  • Support and prepare seasonal hindsight and foresight and product opportunities to inform the Go-To-Market processes (GTM) and part of demand forecasting input.
  • Create and Maintain size profiles for your market, respond to sizing requests based on business needs, including size grid changes, size-out investigations and optimize inventory level by monitoring sales and sizing trend.
  • Track & manage weekly product performance results on seasonal sell out and make recommendations to maximize profitability, compile and analyze product performance data identifying missed opportunities
  • Partner with Retail Planning and Allocation Team on “chasing” or “reflowing” receipts as appropriate with consideration of commercial needs and operation constraints.
  • Ensure structured reporting deliverables are met, evaluating reports for accuracy, performance efficiency and standardized best practices.
  • Support and participate in the continuous effort to improve buying process and strategies.
  • Support the implementation of new systems and raising efficiencies to ensure processes enhance workflow
  • Key contact person on feedback and enquiries
  • Support ad-hoc duties and projects when required.


Competency Requirements:

  • Advance understanding retail mathematics and Open to Buy
  • Strong analytical skills, including the ability to interpret multiple data points across numerous channels and market segments
  • Good foundation on replenishment, allocations, merchandising and/or retail fashion store management
  • Proven ability to work with a cross functional team
  • Good sense of style and color trends
  • Good communication skills - interpersonal, written and verbal
  • Entrepreneurship – an ability to make decisions and take calculated risks
  • Intermediate Excel skills with formulas, pivot tables, VLOOKUP, charts, and graphs
  • Self-awareness, with a desire for constant self-improvement(goal-oriented)


Experience

Minimum Relevant Experience: 2 years’ experience in retail in an assistant buyer, merchant or buying role


Academic Qualifications

Minimum Degree Held: Bachelor’s degree Business or Commerce


Language Proficiency:

Fluent in English & Mandarin


Specific Working Conditions

Frequency of Travel: As required

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