Product Acquisition Leader

2 weeks ago

Melbourne, Victoria, Australia beBeeBuyer Full time $100,000 - $140,000
Key Role Summary

The Head of Buying plays a pivotal role in leading the strategic development and delivery of product assortments across the business, ensuring alignment with customer preferences and market trends.

Job Description

This high-performing team leader will report to the General Manager and be responsible for inspiring and cultivating a collaborative culture that attracts and retains top talent.

Key Accountabilities:
  • Develop and deliver buying strategies to optimize annual/seasonal product assortments aligned with financial targets and brand pillars.
  • Align design direction and customer needs by developing product assortments that balance creativity, innovation, customer preferences and market trends.
  • Take overall responsibility for intake margin, working closely with Design, Planning and Sourcing teams to align product development objectives with budget KPIs.
  • Collaborate with the Head of Design to influence and input product design direction to deliver sales, intake margin, sell-through and the brand handwriting.
  • Provide product strategy inputs to Planning to develop effective commercial divisional and channel budgets and strategies.
  • Courier-correct product plans based on in-season trading/actions, and take advantage of emerging trade or trend opportunities.
  • Attend overseas trips with design and production counterparts.
  • Responsible for sales, intake margin, sell-through and BGP, working in collaboration with pod leaders/key team members to deliver.
  • Review product performance across all channels and through team feedback to inform in-season and future decision making.
  • Lead the buying team to coordinate and drive Seasonal Reviews, SWOTs and post-seasonal product review meetings, collaborating with HO Planning, HO Design.
  • Collaborate with other departments such as planning, production, retail, visual merchandising and marketing to ensure brand alignment throughout various channels.
  • Provide line management and leadership to the team, overseeing performance, development, and resource allocation to achieve departmental goals.
Key Capabilities
  • Bachelor's degree in business, fashion merchandising, buying, retail management, or a related field; a master's degree is preferred.
  • Professional certifications in buying, merchandising, or supply chain management are advantageous.
  • Extensive experience in buying with a proven track record of delivering successful buying strategies in a fast-paced retail or omnichannel environment.
  • Demonstrated experience in leading and developing teams, fostering a collaborative and high-performance culture.
  • Strategic thinking with the ability to develop and execute buying strategies that align with business goals and market trends.
  • Strong understanding of financial metrics, including revenue, margin, and inventory management, to drive profitable buying decisions.
  • Strong understanding of customer preferences, leveraging data-driven insights to create product assortments that resonate with target audiences.
  • Proven expertise in costing, margin analysis, and trading to set profitable annual and seasonal assortments.

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