Purchasing plays a key role in helping retailers earn profits. Here's how Sales Goals is used in Fashion Buyer jobs: Here's how Vendor Relations is used in Fashion Buyer jobs: Here's how Sales Trends is used in Fashion Buyer jobs: Here's how Financial Goals is used in Fashion Buyer jobs: Here's how Vendor Invoices is used in Fashion Buyer jobs: Here's how OTB is used in Fashion Buyer jobs: Here's how New Merchandise is used in Fashion Buyer jobs: Here's how Product Selection is used in Fashion Buyer jobs: Here's how Market Research is used in Fashion Buyer jobs: Here's how Buyers is used in Fashion Buyer jobs: Here's how Vendor Communication is used in Fashion Buyer jobs: Here's how Fashion Trends is used in Fashion Buyer jobs: Here's how Product Development is used in Fashion Buyer jobs: Here's how Inventory Management is used in Fashion Buyer jobs: Here's how SKU is used in Fashion Buyer jobs: Here's how Key Items is used in Fashion Buyer jobs: Here's how Payment Terms is used in Fashion Buyer jobs: Here's how Trade Shows is used in Fashion Buyer jobs: Here's how Online is used in Fashion Buyer jobs: Here's how Sales Floor is used in Fashion Buyer jobs: Here's how Retail Sales is used in Fashion Buyer jobs: Here's how Store Locations is used in Fashion Buyer jobs: Here's how Promotional Activities is used in Fashion Buyer jobs: Here's how Future Trends is used in Fashion Buyer jobs: Here's how Sales Process is used in Fashion Buyer jobs: Here's how Window Displays is used in Fashion Buyer jobs: Here's how Stock Levels is used in Fashion Buyer jobs: Here's how Visual Standards is used in Fashion Buyer jobs: Here's how Photo Shoots is used in Fashion Buyer jobs: Here's how Revenue Growth is used in Fashion Buyer jobs: Here's how Financial Plans is used in Fashion Buyer jobs: Here's how Customer Demand is used in Fashion Buyer jobs: Here's how GMM is used in Fashion Buyer jobs: Here's how Annual Budget is used in Fashion Buyer jobs: Here's how POS is used in Fashion Buyer jobs: Here's how Cold Weather is used in Fashion Buyer jobs: Here's how Supplier Performance is used in Fashion Buyer jobs: Negotiated exclusivity contracts with various furniture vendors by projecting and achieving sales goals with proper placement and merchandising of product. Minimum four year degree in business or retail merchandising is best. Maintained, developed and restructured the Facilities Engineering inventory management database and integrated information into two different systems. Worked as a part-time sales associate helping customers on the sales floor. Because the hiring manager can see they fit the company and job. Assisted with vendor and supplier selection, supplier performance, supplier development, confidentiality agreements and maintain vendor/supplier insurance files. Created and executed a new Merchandise Control Submission process for entire Seasonal division. Executed on the identification of merchandise strategies and initiatives necessary for improving financial goals, including developing exclusives and sales promotions. Increased gross margin four points by initiating product development in Providence factories. Are the colors salable? Managed vendor relationships, facilitated project and vendor meetings, created agendas/meeting minutes, and communicated project package updates to management. Generated and organized reports for upper managements detailing sales trends and performance. It is important that we understand how influencers and social media work, how they can influence trends, and that they can be strategic business tools, but I tell our buyers that it is also important that you don’t make decisions based on social media hype.”, Brigitte Chartrand, womenswear buying director at Ssense. Prepared store for migration to online sales by utilizing strategic planning to identify how site should be organized. Achieved financial objectives by preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions. (Source). Represented company at international Trade Shows. Achieved double-digit revenue growth in category assignments over a consecutive five-year period. But we are looking at, what we call, KPIs, key performance indicators, when we analyze a buy.”. Become a Fashion Buyer - Learn the essentials. This includes identifying current fashion trends, negotiating on prices and reacting to changes in demand. We ranked the top skills based on the percentage of Fashion Buyer resumes they appeared on. Learn how to develop professional skills in buying, marketing, apparel distribution, fashion trends, targeting and communications. Planned and merchandised new division of Big and Tall Men's Clothing and Accessories exceeding all corporate sales goals. Let's find out what skills a Fashion Buyer actually needs in order to be successful in the workplace. Managed and organized the Supplier Performance Improvement Program resulting in a 50% reduction in material certification and delivery setbacks. This course will help you decide if becoming a fashion buyer is for you, and it will help you understand the key tasks of a fashion buyer and the skills required to become a successful fashion buyer. Pro Tip: In an entry-level resume for buyer jobs, talk about the buyer skills you used in other jobs. Sourced new merchandise and reviewed existing merchandise to primarily meet guest needs and complied with import and export stipulations. So what does having “a good eye” mean? Created sales tools and presented product to management and sales to achieve sales goals. Working as a fashion buyer, which is a type of retail buyer, doesn't just involve shopping for clothes. merchandise lines and coordinated purchasing efforts to ensure compliance with up-to-date fashion trends and seasonal Provided style and classification selling analysis, and competitive information to product development departments to ensure line assortment needs were met. Before making their decisions, a buyer must consider factors such as customer demand, price points and market trends. Main qualifications mentioned on the most successful sample resumes for Fashion Buyers are: good numeracy skills, commercial and fashion awareness, analytical skills, business acumen and networking. experience as an apparel buyer for a multi-location retail operation Proven leadership skills with an understanding of the importance of team building/development, while fostering partnerships Ability to stay current with trends with a keen eye for fashion and a strong attention to detail Mentored and trained new Merchandise Coordinators. A retail buyer is responsible for planning, selecting and purchasing quantities of goods and merchandise that are sold in retail stores. Modernized inefficient program for managing non-inventoried materials by implementing new, computerized system to accurately monitor stock levels and replenish supplies. , that specialise in trends research for creative industries like fashion. A fashion buyer must also have good analytical skills, as well as be able to know how to use the computer. Supported a team of procurement buyers in the execution of telecommunications network deployment project procurement and outsourcing plans. We have a really great merchandise planning team that’s helping us with looking at all of the data on a buy. Negotiation, communication, and people skills are important. Surpassed all financial goals resulting in an increase in sales of 16% over prior year. Analyzed sales trends, pricing changes and overall seasonal/everyday business. Their role includes assessing customer demand, researching market trends, budgeting, and following store policy. Includes assistant wholesale and retail buyers of nonfarm products. Partnered with Operational Buyers to implement existing agreements and tailor scope to meet facilities' key performance indicators and functional requirements. Trained employees on maintaining visual standards. Negotiated new vendor agreements regarding price, payment terms, and ad support and product selection. Leveraged purchasing qualifications to save thousands of dollars after reviewing vendor invoices and identifying over-charges and other mistakes. Created categorical analysis tool operating with a series of data pastes to allow buyers to analyze business through different product attributes. Recorded and updated intake levels on all merchandise, as well as new merchandise for store sales. Selected merchandise and negotiated terms of purchase with international and domestic vendors including pricing and payment terms. How do we feel about the product? Developed information packets for distribution at trade shows; tracked artwork and copyright information in conjunction with International agents. The glamour of attending flashy events, Shira Suveyke, Vice President of Global Buying at, Susanne Tide-Frater, brand and strategy director at, One way buyers keep up to date on new trends is through sites like. For one, it’s about understanding the world around you. In fact, for some retailers, this analytical mindset is one of the top skills they look for when deciding who to bring into the team: “At Ssense, one of the top qualities we look for are analytical skills. Analytical skills… Created and maintained seasonal OTB plans for all 200+ brands carried based off of past seasonal performance. Education. “From two seasons, traditionally, winter and summer, we have shifted to four-plus seasons, it’s a permanently repeating cycle of preparation, hunting, gathering out in the market.”. Coordinated distribution of vendor invoices with respective account payable department. The role of a buyer is influenced by the type of retail and business. Created cohesive working relationship with vendors to generate a thriving business by articulating clear product development needs, expectations and timelines. May conduct meetings with sales personnel and introduce new products. Conducted negotiations with suppliers regarding equipment technical requirements, as well as delivery and payment terms. The average salary for a Fashion Buyer with Forecasting skills is $79,497. Increased hair accessories by 300% year over year and increased cold weather by 100% from 2008. Directed a two person team to assist with window displays. Defined and managed sales, markdowns, inventories (OTB plans) achieving financial objectives for all years in position. Participated with Paramount Parks corporate buying office in product selection and purchasing of licensed character merchandise and import product programs. Assistant Buyer Resume Skills List. We ranked the top skills based on the percentage of Fashion Buyer resumes they appeared on. Operated an online blog account (over 1500 followers) that sold designer clothing and accessories. Budgeted analysis Directed visual presentation guidelines to support seasonal strategies and financial plans. It is imperative that you have a confident and a kind demeanor, but remain firm to promote a successful negotiation. Maintained knowledge base of industry and shop competition to identify current trends and potential key items and reacted accordingly. “A buyer will inevitably get it wrong at times because we’re not in the rocket science department here. Analyzed store performance to maximize key items/classifications. Fashion Buyers are in charge of selecting and purchasing fashion items that will be sold in retail establishments. I possess the ability to select items that prove to be profitable and in demand. Maintained appropriate stock levels for effective customer order fulfillment while keeping financial goals obtainable to meet inventory levels where required. Visited stores regularly and assisted department managers in merchandising sales floor. Retail businesses are generally classified as manufacturers, wholesalers, and retailers. Expedited spread sheets $42,000. Identified emerging trends through competitive analysis and market research to inform long-term and in-season opportunities. Tracked field activities to verify that the subcontractor/vendor invoices matched subcontract/purchase order agreements. Performed market research and data analysis of wholesale and retail selling for the development of strategic initiatives. In this post we have outlined some of those elusive skills that are repeatedly highlighted by successful buyers and merchandisers as being important to succeed in the much sought after role: If there is one thing you need, above all others, it’s a mix of two things: an analytical mind, and “a good eye”. Fashion buyers must also be imaginative and have a creative sense. They source new and review existing goods to ensure their products remain competitive. We have a really great merchandise planning team that’s helping us with looking at all of the data on a buy. Directed inventory management by ensuring effective analysis and decision making regarding pack and hold usage, markdown, and re-orders. Worked with corporate stylists to pull styles for Forever21 magazines, look books, and photo shoots. Purchasing Buyer Skills List. A fashion buyer is someone who plans and selects garments and clothing ranges to sell in clothing stores and online. What skills should appear in your Purchasing Buyer resume? Utilized inventory management system to input data regarding new phone models and part, maintaining accurate, up-to-date inventory. Partnered with planning team to ensure financial goals were met each season. To be a fashion buyer, focus on taking math, business, and accounting classes to learn the skills you'll need to be a successful buyer. Those are called transferable job skills. Interfaced with buyer, helping to build assortments, set up skus in the database and cut orders. Being a fashion buyer or merchandiser is a dream job for many fashion students around the world. Analyzed key items, vendor profitability and aged inventory. Communicated with visual merchandising, advertising, and public relations departments to ensure product was available for photo shoots and returned. Achieved departmental and organizational financial goals. Fashion buyers must also be passionate about their job, and should have effective research techniques to determine their target markets trends. Another important part of being a buyer, is being able to use and analyse data from past performance and base your decision making on the results of this process: “It isn’t just my eye or the buyer’s eye — there is certainly more of a process than just that aesthetic. Monitored in-house inventory movement and completed inventory transfer records for bookkeeping purposes to maintain minimum stock levels. Assisted the buy team for major events such as the Super Bowl, US Open Tennis Championships and College FootballPlayoffs. Fashion Buyers … Worked closely with store locations in controlling ordering and improving on-hand inventory levels. Handled all cash transactions including nightly bank deposits. You will negotiate contract agreements, shipping costs, and terms. And of course, your sense of style and ability to spot trends is paramount.”. Developed productive relationships and financial plans with vendors, including profitability targets, payment terms, invoicing. Purchased retail goods and attended trade shows- returned to wholesale manufacturing. Traveled to trade shows to buy specific garments, brands and accessories for clientele. What skills do you need to be a great buyer? Hired as a Buyer Trainee and earned promotion to Independent Buyer at both Berkeley and Pacific Beach store locations. It’s about the business of fashion and those two facets are intrinsically essential for the system to work. Analyze past buying trends, sales records, price, and quality of merchandise to determine value and yield. Visit PayScale to research fashion buyer salaries by city, experience, skill, employer and more. (Source), “Buying and merchandising is really about the weird and wonderful tension between art and science. These organizations vary in the scope of their activities and their range of responsibilities within their particular segment of … Conducted market research and analysis using qualitative and quantitative skills that resulted in recommendations to supply chain leadership and managers. Worked closely with sales team to generate sales through product selection and placement. Completed inventory and provided new merchandise to attract consumers. Completed financial analysis and projected seasonal sales goals. Also, since fashion buyers need to have great interpersonal skills, practice working with individuals and teams by joining clubs, volunteering, and doing group projects. The glamour of attending flashy events, fashion weeks, and shows is surely a big draw, but the job is much more than that and requires a specific set of skills that are not easily defined. Match Your Resume to the Buyer Job Description . It is about predicting, it’s about envisioning, it’s about knowledge that people have accumulated, but in the end, it’s the gut that will steer them.”. Supervised receiving of new merchandise into main warehouse: computer entry, quantity verification, cost verification. A fashion buyer's main duty is to select and purchase products, according to market trends, customer demands and sales forecasts, which a retailer will sell. Managed and mentored junior members of the specialty team, specifically my associate and assistant buyers. A fashion buyer is responsible for selecting and ordering what is sold by brands for maximum profit. Created and implemented inventory management processes and procedures to ensure accurate but not excessive inventory and increased turns. If you want to work in fashion, you’ve got to stand out in your interview, but luckily we’re on hand to show you how. Created window displays for holidays and seasonal in-store displays. The average salary for a Fashion Buyer is $68,784. While there used to be two, there is now four and counting, which only underlines the need to be extremely organized. Modern Girls Apparel. Developed seasonal financial plans to achieve sales objectives and department profitability. An experienced purchasing agent or buyer may become an assistant purchasing manager before advancing to purchasing manager, supply manager, or director of materials management. Another is staying updated on the social media influencers whose importance is hard to overlook: Brigitte Chartrand, womenswear buying director at, Click to access the login or register cheese. But we are looking at, what we call, KPIs, key … $130,000 . If you want to work in retail buyer jobs, the skills employers look for include: Good analytical skills; Creativity; The ability to recognise future trends; Excellent commercial awareness; Communication skills Important Qualities. Tracked detailed product histories, including department and SKU-specific forecasting and product demand fluctuation. Researched and reported current fashion trends to the Director of Merchandising. Implemented Marketing Plans. Created seasonal financial plans to guarantee optimal inventory investment. For example, 9.6% of Fashion Buyer resumes contained Sales Goals as a skill. For example, 10.1% of Fashion Buyer resumes contained Vendor Relations as a skill. One way buyers keep up to date on new trends is through sites like WGSN, that specialise in trends research for creative industries like fashion. Developed exit strategies including product life-cycle management and SKU replacement to ensure profitable transitions. Provided luxury wholesale vendors with weekly selling reports and executed sample management process for photo shoots. One of the key fashion skills you'll need is the ability to collaborate with others effectively. Maintained responsibility for inventory control and material, supply, and vendor relationship management to ensure project installations were met. Skills Necessary. What’s the price point? Analyzed, edited and created point of purchase materials, used on sales floor. Select, order, and authorize payment for merchandise according to contractual agreements. Successful fashion marketing professionals are: Self-reliant: Fashion Marketing employees need to be able to rely on their own skills and abilities as sufficient enough to complete tasks and projects. Analyzed sales trends, determined SKU seasonality, and optimized order profitability. Worked with visual to ensure proper presentation of new product, color palette and key items. Apparel Buyers purchase clothes for fashion stores. Developed new relationships with manufacturers and distributors though trade shows. I have been a fashion buyer with a good sense of fashion trends and designer psychology. Contacted existing suppliers and achieved extended payment terms based on volume and new business opportunities. In other words, if the thought of spending a big part of your day looking into Excel Sheets scare you, then maybe you should look for a different career path. Maintained and accurately entered all vendor invoices into customized computer system. Federated Product Development Assistant Product Manager Reduced costs and improved efficiency by establishing a centralized system for formal bids, storeroom purchases and inventory management. Maintained communication between corporate office, distribution center, and store locations to assure timely delivery of merchandise to various stores. Formulated and executed buying strategies managing an annual budget of $4MM by reviewing results from internal and external reports. Conducted market research regarding sourcing and making purchasing decisions, effectively managing company costs, and maintaining company budget. Improved ability for the Sales Floor Manager to accurately document the returned/damaged equipment and parts. Collaborated with Divisional and GMM to interpret and select upcoming color palettes and key trends. Minimum 10 yrs. Developed financial plans that are consistent with organizational strategies and accurately reflect marketplace conditions. Find out how to become a retail buyer in fashion. Generated OTB, Wrote rough ad copy-worked on photo shoots-Created/ implemented/purchased/merchandised products for Christmas shop. Reviewed inventory positions and recommended placement of purchases orders. Communicated with store and merchandising manager regarding current sales trends. Handled the care, sorting and distribution of merchandise from warehouse to sales floor. Spearheaded visual upkeep of the business, including fashion styling, via window displays, and fashion styling for various advertisements. (Source). Analyzed sales trends to identify product opportunities & maximize selling performance. You need to be able to “pick winners” for your store, that your customers will love. Tracked and maintained records of external supplier performance, monitored quality of materials and resolved material issues. Ensured availability of materials and prevented shortages by communicating with vendors, identifying alternate sources, and maintaining safety stock levels. assisted with fittings, presented and analyzed financial reporting and sales trend. Whether you want to be a fashion designer or trying to get a level-up in this field, creativity will be your fundamental asset. Those mainly sell your buyer skills, but it helps to add accomplishments. You’ve got to be creative. Followed and reported cutting-edge fashion trends and proposed retail environment concepts to upper management. Essential job duties based on our collection of sample resumes for Apparel Buyer are reading market analyses, attending fashion shows, forecasting what consumers will wear, maintaining store inventories, collaborating with store managers, negotiating prices, and making sure new collections reach stores … Worked with OTB to assess and react to business, determine buys, pricing strategy, markdowns, and promotions. As well as selecting new ranges, a fashion buyer must also review current stock at regular intervals, and decide whether to replenish. Collaborated material replenishment with premier distributors using VMI processes to maintain adequate stock levels and meet customer requirements. Worked to confirm all products and collections met customer demand. Analyzed consumer buying patterns and predicted future trends. or merchandiser is a dream job for many fashion students around the world. Participated in the development of new private label products for Federated Department Stores. Reviewed each item in database and corrected information ensuring items were delivered to correct store locations. To keep up with where the industry is going, here is our list of 9 skills that a fashion designer will need in the future: 1. Essential skills. Any type of fashion degree is a good way to start – my degree was in textiles and apparel management. A buyer is required to possess visual creativity, analytical skills, negotiation skills, business acumen, and a keen awareness of fashion. Visit PayScale to research fashion buyer salaries by city, experience, skill, employer and more. Worked directly with Vendor and Merchandiser to meet seasonal, weekly and monthly sales goals. 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With respective account payable department and collaborated with divisional and GMM to interpret and select upcoming palettes.