Senior Product Sourcing Specialist

2 days ago

Summer Hill, Australia Goldmark Full time

About Us

As the largest specialty jewellery retail chain in Australia, Prouds The Jewellers, Angus & Coote, and Goldmark are renowned for providing quality, service, value, and style to our customers.

We pride ourselves on creating an enjoyable and supportive working culture for our team members.

About the Role

Join our dynamic team as a Senior Product Sourcing Specialist and play a pivotal role in shaping the success of our Sterling Silver Ladies range. In this position, you will be responsible for managing the merchandise assortment, ensuring our offerings align with business objectives and resonate with our customers.

Your expertise will guide the selection of promotional products, driving strategies that maximise profitability and enhance our brand presence. Collaborating with internal marketing and operational teams, you will implement initiatives that support our retail goals and elevate the customer experience.

We're looking for a strategic thinker with a passion for market trends and a flair for negotiation.

Key Responsibilities:

  • Proactively develop product ranges that align with company strategy, considering pricing, packaging, and market trends.
  • Create and execute short- and long-term pricing strategies to meet financial objectives for each division.
  • Work with the Marketing Department on packaging and display materials and contribute to marketing plans.
  • SOURCE merchandise that enhances competitive positioning.
  • Conduct regular analysis of sales, margins, and stock levels to achieve financial targets and identify improvement opportunities.
  • Stay informed on competitor activity and market trends to ensure product competitiveness and effective pricing.
  • Build and maintain relationships with suppliers to secure favourable terms, pricing, and product exclusivity.
  • Oversee promotional product offerings including catalogue assortments in alignment with marketing strategies to maximise profitability.
  • Help to develop training materials and provide guidance on product knowledge and merchandising to store teams.

Requirements:

  • 5+ years of experience as a buyer, preferably in fashion and/or fine jewellery.
  • Skilled in overseas sourcing, design, and packaging development.
  • Proven ability to achieve favourable outcomes through effective communication.
  • Knowledge of promotional activities and strategies.
  • Excellent quantitative and analytical skills/strong attention to detail.
  • Advanced computer skills in Microsoft Excel.
  • Ability to plan and forecast stock requirements effectively.
  • Team player with a track record of mentoring and guiding team members.

Around $120,000 per year

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