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Allocating funds for the purchase of merchandise, considering past sales and projected revenue.

Managing relationships with manufacturers, wholesalers, and designers to secure the best terms and products.

Overseeing stock levels, reorder points, and storage conditions.

Adapting buying decisions based on changing market conditions and consumer preferences.

Visiting fashion trade shows and showrooms to discover new products, suppliers, and trends.

Overseeing specific product categories to ensure coherent strategies and performance tracking.

Evaluating the performance of purchased products in terms of sales and customer feedback.

Planning what types of products to buy, in what quantities, for which segments, and when.

Planning for the clearance and disposal of unsold inventory.

Choosing the specific items to be purchased based on the buying plan and trends.

Negotiating purchase prices and payment terms with suppliers to match budget constraints.

Coordinating transportation and handling of goods from suppliers to the store or distribution center.

Inspecting merchandise firsthand in supplier or designer showrooms.

Gathering insights from sales data, customer reviews, and staff to inform future purchases.

Incorporating eco-friendly practices and ethical sourcing into the buying process.

Ensuring that product selections are consistent with the brand's image and values.

Determining the variety and assortment of products to be offered in each category.

Deciding when to buy merchandise to optimize selling periods and stock turnover.

Comparing the range, pricing, and strategies of competitors to identify opportunities and threats.

Planning the presentation of products in-store or online for maximum appeal.

Creating profiles of typical customers for targeted buying decisions.

Identifying future fashion trends, including colors, fabrics, textures, and styles.

Utilizing fashion tech to enhance buying accuracy and efficiency like AI, VR, or data analytics.

Monitoring and adjusting buying plans based on current season sales and stock levels.