Job Purpose:
“To support the Central Buying team in all aspects of the buying process to bring in a selection of seasonal merchandise which ties in with the company’s strategic direction whilst maximizing the profit opportunities for the company”

Key Responsibilities:

• To assist the buying team to achieve seasonal sales and profit targets based on the seasonal business plan
• To negotiate with suppliers in a tough but fair manner to secure exclusive ranges / brands and optimize the profit margin
• To be proactive in understanding the competition, and take action to minimize any loss of Lane Crawford market share
• To determines pricing strategies for products/suppliers based on market reviews, competitor positions, supplier financials, etc.
• To fully understand supplier cost structure and logistics costs. Able to identify value added opportunities for Lane Crawford as appropriate
• To provide monthly updates to relevant parties on key costs and expenses related to buying
• To ensure that staff are utilising Omni-channel technology to encourage customers to shop on and off line, maximizing sales at every opportunity
• To monitor closely on a detailed open to buy (OTB) system controlling sales and stock levels to maintain seasonal target
• To work with stores to establish a balanced range of merchandise suited to the customer profile of store. Work together to make recommendations for changes and improvements to maximize sales potential and profit within the store

Requirements:

• Degree holder with a minimum 2 years of buying experience in retail industry, preferably with luxury fashion experience
• Able to deal with principals and vendors effectively
• Proven experience in managing multiple brands
• Proactive, figure sensitive and attentive to details
• Strong analytical ability with excellent negotiation and communication skills
• Excellent command in both written and spoken English, Cantonese and/Mandarin
• Proficient in all Microsoft applications
• Candidates with no buying experience will be considered as Merchandise Coordinator 

At Lane Crawford we support our staff with a range of benefits that reflect the importance we place on the well-being of our staff. In addition to a competitive salary, discretionary bonus, annual leave, provident fund, staff purchase privileges, insurance, medical and dental coverage, we provide shuttle buses, various recreational activities, Staff Assistance Programme and the best in-class Training and Development.

All information provided will be treated in strict confidence and used for recruitment purposes only.