Buying Merchandiser banner
a Buying Merchandiser thumbnail
Buying Merchandiser

Overview, Education, Careers Types, Skills, Career Path, Resources

Buying merchandisers analyze consumer trends and purchase goods for retail. They need strong negotiation and analytical skills to select profitable products.

Average Salary

₹4,00,000

Growth

medium

Satisfaction

medium

Home/Careers/business commerce and management/buying merchandiser
Functional Skills

Functional Skills are essential skills that help individuals perform tasks effectively in everyday life, work, and education.

    -
    Market Trend Analysis
    -
    Negotiation Skills
    -
    Product Selection
    -
    Inventory Management
    -
    Budgeting and Financial Planning
    -
    Communication Skills
    -
    Retail Math
    -
    Visual Merchandising
    -
    Supply Chain Management
    -
    Data Analysis
    -
    Knowledge of Textiles and Materials
    -
    E-commerce Knowledge
Soft Skills

Communication, teamwork, and critical thinking to ensure seamless project execution.

    Technical Skills

    Technical Skills are specialized abilities and knowledge needed to perform specific tasks or functions.

      Duties and Responsiblities

      Task

      95%

      Analyzing sales data and market trends to identify popular and profitable merchandise for Indian consumers.

      90%

      Negotiating prices and terms with suppliers, both domestic and international, to secure the best deals.

      85%

      Developing and implementing buying strategies that align with the company's overall business objectives in the Indian market.

      80%

      Managing inventory levels to ensure optimal stock availability while minimizing storage costs and waste.

      75%

      Collaborating with marketing and visual merchandising teams to create attractive product displays and promotions.

      70%

      Monitoring competitor activities and pricing strategies to maintain a competitive edge in the Indian retail landscape.

      65%

      Evaluating supplier performance based on quality, delivery time, and adherence to ethical standards.

      60%

      Forecasting future demand for merchandise based on historical data, seasonal trends, and promotional activities.

      55%

      Traveling to trade shows and supplier locations to source new products and build relationships.

      50%

      Ensuring compliance with all relevant regulations and standards related to product safety and labeling in India.

      Work Activities

      Detailed Work Profile

      Interests