VibeIQ’s Post

Birchtree Consulting is mandated to hire a #BusinessHead for a Leading Retailer. We are looking to connect with #Footwear Professionals who have handled a Footwear Category as a Buying & Merchandising Head or a Buisness Head . Please feel free to connect at 7738086457 , charu.chopra@birchtreeconsulting for further information. #businesshead #leadershiphiring #wearehiring #footwearhiring #retailhiring #retailindustryhiring #retailindustry #executivesearch #retailrecruitment

Opportunity

Opportunity

Opportunity

Procurement problem #1: The Bullwhip effect in fashion, apparel & footwear industries In few upcoming posts, I am trying to cover some important lessons which we learnt while implementing CHOICE PRIME for Fashion/Apparel Industry. Since the world is shifting to CHINA 1 policy and the nearshore manufacturing, it becomes critically important for Indian Fabric Exporters to optimize their manufacturing units. The most crucial factor which is reshaping the fashion industry, more than ever is a Demand Fluctuations. It created a typical phenomenon called as BULLWHIP EFFECT. Like demonstrated in the diagram, it indicates how small fluctuations in demand at the retail level can cause progressively larger fluctuations in demand at the wholesale, distributor, manufacturer and raw material supplier levels. Following tech driven approaches help with BULLWHIP mitigations - Assist in inventory planning and MOQ (Min Order Qty) optimization - Align procurement & logistics teams digitally - Facilitate open discussion & info on actual demands across all stakeholders - Build stronger relationship with buyer basis regular threshold alerts At end of the day, unlike Consumer packaged goods, where demand disruptions reach to suppliers or manufacturer within days; Fashion industry takes weeks/months. Hence it is of utmost important, to transform using tech.

#hiring Junior Buyer - Footwear, Leeds City, United Kingdom, fulltime #jobs #jobseekers #careers #LeedsCityjobs #Yorkshirejobs #RetailConsumerProducts #entryleveljobsuk #graduatejobsuk #firstjobuk #newjobuk #internshipsuk Apply: https://lnkd.in/gt_5WW4K Working with design; designing & sourcing components/hardware along with specialised leathers and feature materials negotiating directly with suppliers building & developing the collection, ensuring it is in line within the offer in terms of sourcing/pricing structure/brand position/margin.Client Details A great opportunity for a Junior Buyer to join a leading retailer in the Leeds. They are an established business that have been trading for a number of years. They are also known for their internal progression. DescriptionWorking with design; designing & sourcing components/hardware along with specialised leathers and feature materials negotiating directly with suppliers building & developing the collection, ensuring it is in line within the offer in terms of sourcing/pricing structure/brand position/margin. Required to lead & manage selection/sign off meetings alongside merchandising presenting to Buying Director and CEO. Develop a strong working relationship with key departments across the business i.e. merchandising - working the system and using the system to support buying decisions. Trading your area on a weekly basis. Monitoring sales reactions and adapting trading decisions accordingly. Travel with buying/Design & QA team across Europe and Far East when required throughout the season - aiding the whole team to deliver the requirements for each trip and supporting as and when all product functions. Demonstrates a clear understanding of the companies requirements for product standards in order to be able to communicate effectively with issues regarding product/price/quality. Attention to detail is a pre requisite. Market position - have a clear understanding of both target market and how this then implicates the category mix. Aware of our competition and movement each week. Actively conducts thorough benchmarking of competitors ranges to look for missed opportunities/price architecture and movement, sourcing activities - which retailer is using what COO. Marketing/web activity. Is able to work out margins accurately and have an understanding of costings required to do a buying job: i.e. margins/WSSI/budget build up/OTB/speed to market.Optimising sales on best sellers and trading out of poor reactions. Working the system and hi-lighting good/bad reactions/ testers while making proposals/suggestions for future buys. Utilises benchmarking report, makes proposals to buyer for potential opportunities to improve the range, while also understanding the market and the competition ensuring buying processes are in line with the companies main competitors. Contributes to supplier meetings and buying meetings by applying product kn

Opportunity