- Develop and execute purchasing strategies to support company objectives.
- Source new products and suppliers, focusing on quality, design, and brand alignment.
- Negotiate pricing, terms, and contracts with vendors to ensure favorable terms and conditions.
- Collaborate with the merchandising team to create a cohesive product assortment that aligns with market trends and customer preferences.
- Analyze sales data and market trends to identify opportunities and risks, adjusting purchasing strategies accordingly.
- Manage inventory levels to meet demand while minimizing excess stock and ensuring timely delivery.
- Build and maintain strong relationships with vendors, fostering partnerships based on trust and mutual benefit.
- Lead and mentor junior members of the purchasing team, providing guidance and support as needed.
- Stay informed about industry developments, competitor activities, and market trends to inform decision-making.
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