Mr Price Group

Buyer Sheet Street

Mr Price Group  •  Durban, ZA (Onsite)  •  2 days ago
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Job Description

To maximize sales and net profit for designated above average sized specialised portfolio by building and executing an appealing product assortment (style, quantity, quality and sourcing); of distinctive value, at the best price, aligned to the Company’s strategic objectives which delights the customer’s in store experience. Effectively manage product life cycle through continuous product innovation and development while constantly managing a multi season view (current, previous and future). Provide guidance and mentorship for others in Buying. Post Mortem & Seasonal Strategy


Analyse the accuracy of previous strategic plans, current trade, competitor analysis, supplier performance, product execution, marketing and trend feedback to draw lessons for portfolio to apply to future seasonal strategy.

Develop and present a seasonal product strategy for portfolio to achieve department targets, in line with Company strategy. Including post-mortem and current trade analyses, PMO targets, pricing strategies, supplier strategies, marketing & digital, and fashion trends, product calls, etc.

Assortment Building and Execution
Prepare and present a balanced product assortment for portfolio (considering sub cats, attributes, planned promotions, volume opportunities, testing, marketing, etc.) in line with seasonal strategies in order to meet department review plan targets. Brief designers on graphics, artwork or CADs/tech packs and source samples to gain approval for execution. Verify that all KPI’s, width & depth, PMO & sales targets are aligned.

Book and execute the approved product assortment in line with the approved budget, production timelines and quality standards in collaboration with Planning and Sourcing. Confirm and raise purchase orders and any amendments in full detail. Track the critical path to ensure product is delivered in store at the right time ensuring quality standards are met so that sales targets can be achieved.

Sourcing & Supplier Relationships (if applicable)

Build strategic supplier relationships and identify new partnership and territories for long term sustainability considering sourcing and departmental supplier strategy.  Procure merchandise at the optimal total cost of ownership without compromising on quality and timelines and manage the critical path in order to ensure the timely delivery of quality products to our stores.   

Current Trade

Continuously analyse the current season’s trade to ensure that it is executed according to plan in order to achieve strategic targets and budget. Review portfolio performance for related period for all KPI's. Make appropriate trade decisions and take action to optimise opportunities in trade, minimise risk and manage stock levels. Communicate any changes from current trade to management and any other impacted departments.


Trend & Competitor Research and Development

Conduct trend and competitor analysis both locally and internationally in order to monitor market changes, competitor pricing, products and trends, to ensure that we delight our customers with wanted on trend product at the right price. Identify category growth and opportunities for portfolio through testing of new products from concept through to production. Education:

Diploma or Degree

Experience:

5+ years (including technical product experience)

Manufacturing experience advantageous

Specific Knowledge:


Expertise knowledge of technical garment or product construction, Fabrics and fibres, Quality standards. Business strategy, retail market & industry knowledge, including trends, research and development. Numeracy and Computer literacy. Negotiation, Communication and Presentation skills.

Business Understanding:

Merchandise and business processes, commercial acumen and understanding of customers' needs. Internal MRPG systems.

Mr Price Group Limited is an equal opportunity employer and is committed to Employment Equity.
Mr Price Group

About Mr Price Group

Mr Price Group Limited is an omni-channel, fashion value retailer. The Group retails apparel, homeware and sportswear and is one of the fastest growing retailers in South Africa.

Our History:

1885 - The first John Orrs store opens

1934 - The first Hub store opens

1952 - John Orrs is listed on the JSE

1967 - Acquisition of two Miladys stores

1986 - Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings

1987 - The first Mr Price store opens

1991 - Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE

1993 - Launch of the Mr Price Group Share Partnership Initiative

1996 - Acquisition of Galaxy & Co. and Sheet Street

1997 - Alastair McArthur is appointed as CEO

1998 - Mr Price Home launched

2000 - Mr Price opens stores in Botswana and Namibia

2001 - Specialty Stores becomes MR Price Group

2005 - Over 100 million units are sold across the group

2006 - Sale of the Hub and Galaxy divisions

2007 - Launch of Mr Price Sport stores and Mr Price Franchising

2008 - Miladys wins the Orange Index award for excellence in customer service

2008 - Mr Price Apparel is voted the most loved and most frequented retail apparel brand

for the first time

2008 - This year Mr Price Home is voted the most loved and most frequented homeware retailer

2011 - Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion

for the first time

2011 - The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period

2012 - First Corporate owned Mr Price store opens in Lagos, Nigeria

2013 - Mr Price launches its online store

Industry
Retail & Ecommerce
Company Size
10,000+ employees
Headquarters
Durban, ZA
Year Founded
1985
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