Buying Assistant - Ralph Lauren

Role Overview

Pre-Buying

• Consolidate pre-buying reports and revise them for accuracy.
• Build knowledge of sales targets and budgets for assigned shops or countries.
• Analyze sales turnover, best sellers, slow movers, country trends, shop locations, target customers, and stock coverage.

Buying

• Contribute to maintaining an accurate Open to Buy (OTB) template.
• Support buyers in supplier meetings and merchandise selection.
• Consider pre-buy analysis, budgets, fashion trends, culture, and gender when supporting buying decisions.

Post-Buying

• Analyze pre-buy plans against actual merchandise purchases for management and training purposes.
• Present key brand recommendations.
• Prepare product presentations with images, references, size breakdowns, fabrication, and reasoning.

Stock Management

• Monitor sell-through against budget with analysts and execute initial product allocations accurately.
• Initiate inter-store transfers and reallocate stock based on demand, sell-through, and regional performance.
• Coordinate timely stock transfers with retail and warehouse teams and track core product availability.
• Flag fast-selling styles at risk of stockout and collaborate with analysts on recovery plans.
• Build an understanding of the product lifecycle.

Supplier, Budget & Reporting

• Maintain vendor relationships and monitor merchandise shipments through shop receipt; escalate potential delays.
• Provide input for budget preparation.
• Provide weekly, monthly, and bi-weekly seasonal sell-through reports; enter orders in the system.
• Provide assortment insights and monthly reports to regional merchandising and commercial teams.

Your Profile

• Bachelor's degree in Business Administration, Marketing, or a relevant field.
• At least 3 years' experience in a similar role and fashion buying experience.
• Proficiency in Excel and fluency in English.
• Logical and analytical approach, attention to detail, and ability to meet deadlines.
• Ability to collaborate in a fast-paced environment.