BUYING MANAGER SKILLS, EXPERIENCE, AND JOB REQUIREMENTS

Updated: Oct 12, 2024 - The Buying Manager with robust expertise in translating complex financial and business indicators into strategic actions, leverages a strong command of retail math and Excel to enhance decision-making and profitability. This role capitalizes on deep experience in general merchandise buying and sourcing from the Far East, aiming to optimize commercial terms and profit margins continually. With a proven track record as a people manager, the focus remains on fostering team performance and cultivating cross-functional partnerships to drive overall business success.

Essential Hard and Soft Skills for a Standout Buying Manager Resume
  • Supplier Relationship Management
  • Inventory Management
  • Budgeting and Financial Analysis
  • Negotiation
  • Data Analysis
  • Market Research
  • Product Lifecycle Management
  • Contract Management
  • Supply Chain Management
  • Forecasting
  • Communication
  • Leadership
  • Decision Making
  • Strategic Thinking
  • Problem Solving
  • Adaptability
  • Teamwork
  • Attention to Detail
  • Persuasiveness
  • Time Management

Summary of Buying Manager Knowledge and Qualifications on Resume

1. BA in Supply Chain Management with 3 years of Experience

  • Language Proficiency Fluent in English, added proficiency in Cantonese or Mandarin
  • Excellent analytics and Excel skills and strong market sense
  • Seasonal assortment planning and buying experience
  • Knowledge and intuition of the style, design and color characteristics of best and worst sellers
  • Retail and product expertise in the key markets
  • Strong understanding of customer needs
  • Strong analytical, problem-solving and decision-making skills
  • Excellent presentation, communication, and influencing skills
  • Strong teamwork and collaboration with cross-functional teams
  • Ability to interact and communicate with all levels of employees – both senior and junior
  • Flexibility to adapt to the changing trends of business requires

2. BA in Business Administration with 4 years of Experience

  • Working experience at a management level, including people/team management
  • Relevant buying/merchandise experience
  • Building and maintaining strategic supplier relationships
  • Drive a merchandise strategy by demonstrating innovative and creative thinking
  • Persuading and influencing internal and external stakeholders
  • Delivering to aggressive deadlines, incl. problem-solving
  • Analytical ability to effectively evaluate and drive functional KPIs, including sales growth, PIS, CSOH, input- and maintained margins, stock turn, clearance
  • Strong written and verbal communication at all levels of the organization
  • Leadership and people management abilities
  • Be able to commute to Hertfordshire 2/3 days a week
  • Be willing to travel to the Far East to visit factories, fairs, etc.

3. BS in Retail Management with 5 years of Experience

  • Ability to evaluate financial and business indicators and translate data into actionable information to drive results; proficiency in retail math
  • Strong ability to apply logic to solve problems and generate effective solutions
  • Able to leverage quantities and qualitative data to make business decisions and take smart risks
  • Able to build collaborative cross-functional partnerships and present information in a compelling influential manner in group and one-on-one settings
  • Proficient in Excel; demonstrated aptitude for leveraging and learning new technology and tools
  • Ability to assess relatively complex situations and analyze data to make judgments and recommend solutions
  • Have a great background in general merchandise buying with great experience in sourcing products from the Far East.
  • Be an experienced people manager with a track record of improving the performance of the buying team
  • Be very commercial, always looking to improve commercial terms and improve profit margin where possible.
  • Have a great eye for product, will understand the market and customer base
  • Be passionate about role and career and want to continuously improve business performance and own performance.