Description:
We are looking for a Luxury Buyer based in Kuala Lumpur (Malaysia) to develop ZALORA's Luxury outright portfolio.
The Luxury Buyer will execute the merchandising strategies and ensure that the product offer is in line with customer demands whilst driving the business forward by managing the relationships with new and existing suppliers. The Luxury Buyer is responsible for maximizing commercial opportunities through effective management of inventory, driving sales through improved availability and forecasting, and price management.
This is a unique, exciting opportunity to influence minds and make an impact at ZALORA in order to deliver our growth ambition in this exciting category.
Responsibilities:
- Build strong relationships with new and existing luxury suppliers by negotiating the best offers, margin structures, and co-fund investments.
- Formulate buying strategies and product mix allocation to optimize sales plan and gross margin.
- Monitor and drive the growth of the outright segment: execute a strategic plan that delivers business opportunities for Zalora Luxury with accurate forecasting, future trends prediction, and internal performance management/analysis.
- Monitor inventory and delivery situations to ensure timely product availability and maximize sales opportunities during the season and mega campaigns.
- Handle various sets of daily, weekly, and monthly business reports to improve visibility of category performance to senior management.
- Liaise with internal departments and work with Marketing and Onsite Teams to incorporate luxury promotions into ZALORA’s marketing calendar and campaigns.
- Work with suppliers/internal teams to continuously improve operational aspects of the business which directly impact the customer experience: reduce the defective rate, improve packaging, handle customer service inquiries, etc.
Requirements:
- Minimum 2-3 years of work experience in fashion merchandising/buying with international luxury retail companies preferred.
- Excellent English skills required.
- Bachelor in Business, Fashion, Finance or related field.
- Strong fashion sense, with working knowledge of South-East Asia markets.
- Exposure in e-commerce industry is preferred.
- Great negotiation, interpersonal and communication skills with the ability to forge effective cross-functional team relationships.
- Willingness to work in a multicultural environment.
- Robust commercial understanding, P&L literacy with innate numerical and analytical skills and ability to derive insights from data.
- Proactivity and entrepreneurial mindset to flex the needs of the role as the category develops.
- Advanced working knowledge of Excel & PowerPoint; Looker is preferred.
Why Join ZALORA?
- An exciting platform to make your success story.
- We have the utmost care for your mental and physical well-being.
- Flexibility weaved into your lifestyle.
- A seamless work environment with a friendly & team-fueled culture.
- Career growth aligned to your professional and personal needs and goals.
Want to stay ahead with our developments? Follow us on our LinkedIn page and know more about us from our career website.
The ZALORA Story
ZALORA is Asia’s leading online fashion, beauty, and lifestyle destination, part of Global Fashion Group. As one of the region’s pioneer large scale ecommerce platforms, ZALORA has established a strong presence throughout the region, particularly in Singapore, Indonesia, Malaysia, Brunei, the Philippines, Hong Kong, and in Taiwan, enjoying over 50 million visits per month.