Company Description
A proud member of Central Retail in Vietnam, Central Brand and Specialty Group (CBS) is a leading force in multi-category retail, offering a curated selection across Fashion, Beauty, Sports & Sports Lifestyle, Technology, Office Supplies & Stationery, and Premium Food & Beverage. Through its extensive network of branded and specialty stores, CBS delivers high-quality products and exceptional experiences that elevate everyday lifestyles.
Responsibilities
To manage buying and product selection for the by working closely with INTERNATIONAL BRANDS - DISTRIBUTED by CBS VN and collaborating with the planning team. The role ensures timely product availability, optimal inventory levels, and alignment with sales and profitability goals.
Responsibilities
1. Buying process
- Work directly with brands to manage the buying process, including issuing purchase orders (PO) and aligning product assortments.
- Ensure timely and accurate communication with brands regarding order status, deliveries, and inventory needs.
2. Demand Planning & Forecasting
- Collaborate with the planning team to ensure that buying decisions align with demand forecasts and inventory strategies.
- Provide input and coordinate with the planner on forecast adjustments, stock needs, and replenishment schedules.
3. Merchandise & Profitability Management
- Optimize the merchandise mix to achieve sales and gross profit (GP) targets.
- Ensure effective stock management to minimize overstock and improve sell-through performance.
4. Inventory & Supply Management
- Oversee PO management, stock transfers, and inventory control, ensuring accurate tracking and stock availability.
- Communicate and adjust supply plans based on actual sales performance and any unforeseen demand changes.
5. Sales & Promotion Analysis
- Continuously review historical sales data, promotional impacts, and forecast accuracy to improve purchasing strategies.
- Provide insights and contingency plans in response to abnormal demand or shifts in market conditions.
6. Product Launches & Coordination
- Manage the execution of new product launches, promotional activities, and packaging updates through close coordination with brands and internal departments.
7. Cross-Functional Collaboration
- Partner with other departments to ensure alignment on inventory, promotions, and issue resolution related to purchasing and supply chain activities.
8. Reporting & Analysis
- Provide daily, weekly, and monthly reports on sales, inventory, PO status, and shipments to inform strategic decisions.
Qualifications
- Proficiency in English with confident presentation skill
- Minimum 3-10 years of progressive experience in Retail Buying, preferably within Fashion Retail industry.
- Strong understanding of retail purchasing, product assortment, and supplier management.
- Proficiency in Microsoft Excel for managing inventory and purchase orders.
- Strong negotiation and relationship-building skills with brands.
- Able to analyze market trends and sales data to inform buying decisions.
- Capable of managing multiple tasks and product launches efficiently.
- Flexible in a fast-paced, dynamic retail environment.
- Team-oriented with strong cross-functional and external collaboration abilities.
