Retail Buyer job description
Get a professionally crafted Retail Buyer Job Description Template to save time and attract the right candidates. Our template is tailored for clarity, consistency, and ease of customization, helping you create job descriptions that stand out to top talent.
Need a template?
Download Template
Hiring for this role?
Source Candidate Faster
What does a Retail Buyer do?
The Retail Buyer is responsible for selecting and purchasing products that meet the needs of both the company and its customers. This role is crucial in ensuring inventory is aligned with market trends and consumer demand, ultimately driving sales and profitability.
Write effective job descriptions in minutes with our free templates, designed to attract top talent.
Professionally crafted templates
Editable and easy to customize
Proven to save time
What are the Key Responsibilities of Retail Buyer
- Research and analyze market trends and consumer preferences.
- Select and order merchandise that aligns with the target market.
- Negotiate contracts with suppliers to acquire inventory at optimal prices.
- Manage inventory levels to prevent overstock and shortages.
- Collaborate with sales and marketing teams to promote new products and sales.
- Monitor the performance of purchased products and make adjustments as necessary.
- Maintain strong relationships with vendors and suppliers.
- Track and report on key metrics such as sales data, pricing, and inventory performance.
What are the Skills and Requirements for a Retail Buyer?
- Strong analytical and decision-making abilities.
- Excellent negotiation and communication skills.
- Proficient in using inventory management software.
- Knowledge of market trends and consumer behavior.
- Strong organizational skills and attention to detail.
What are the KPIs to track for Retail Buyer?
The Retail Buyer's performance is measured through effective inventory management, increased sales revenue, successful vendor relationships, and adherence to purchasing budgets and timelines.
Inventory Turnover
Maintain a healthy inventory turnover rate to maximize sales potential.
Sales Revenue
Ensure product selections contribute to increased overall sales revenue.
Vendor Relations
Develop and sustain strong, cost-effective supplier relationships.
Reports to
Merchandising Manager
Collaborates with
Sales Team, Marketing Team, Inventory Control
Leads
Assistant Buyers
Are any specific tools or software required for the Retail Buyer role?
- Excel
- SAP Retail
- Oracle Retail
- Inventory Management Systems
What is the qualification of Retail Buyer?
Bachelor's degree in Business, Marketing, or related field; 3-5 years of experience in retail purchasing or merchandising.
