Research and identify new products that align with market trends (especially in toys, collectibles, pop culture, etc.), and customer preferences.
Source products locally and internationally with a focus on trending items, exclusives, and unique offerings.
Supplier & Vendor Management
Build and maintain strong relationships with existing and new suppliers.
Negotiate pricing, payment terms, delivery schedules, and exclusivity deals.
Evaluate supplier performance regularly.
Forecasting & Inventory Planning
Analyze sales trends and market data to forecast demand.
Plan purchases according to category performance, upcoming campaigns, and stock levels.
Ensure optimal inventory turnover and reduce slow-moving stock.
Budget Management
Work within allocated purchasing budgets for each category.
Monitor cost of goods sold (COGS) and maintain/improve profit margins.
Collaboration with Key Departments
Work closely with retail, e-commerce, product, and marketing teams to ensure product availability and alignment with promotions and launches.
Coordinate with visual merchandising to ensure proper in-store presentation.
Market & Competitor Analysis
Stay up-to-date on global and regional trends in collectibles, toys, lifestyle, and novelty items.
Benchmark competitors and identify whitespace opportunities.
Product Life Cycle Management
Monitor product performance and manage end-of-life strategy for underperformers.
Work with the team to clear aging inventory through sales, bundles, or repackaging.
Key Skills & Qualifications:
Strong negotiation and analytical skills
Proven experience in retail buying, Ideally for pop-culture categories.
Excellent knowledge of market trends and consumer behavior
Strong vendor network and sourcing knowledge.
Data-driven decision-making abilities
Great communication and interpersonal skills
High attention to detail and organization
Proficiency in Excel
Job Type: Full-time
Application Question(s):
How soon can you join?
Experience:
* Buying: 4 years (Preferred)
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