Wholesale Buyer GTD Project Template

Wholesale Buyer GTD Project in Priority Matrix

Effective project template to track, manage, and optimize the tasks of luxury fashion wholesale buyers.

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Proposed Tasks

Not Urgent & Not Important

• Attend industry trade shows
  Participate in relevant trade shows and networking events to discover new suppliers, products, and industry trends. Make connections and gather product samples.
• Collaborate with marketing team
  Work closely with the marketing team to align purchasing decisions with marketing campaigns and promotions. Share product insights and assist in product launches.
• Develop supplier performance metrics
  Establish key performance indicators (KPIs) for suppliers to assess their performance on parameters such as delivery times, product quality, and responsiveness.
• Evaluate product performance
  Regularly assess the sales performance and customer feedback of purchased products. Make data-driven decisions regarding future purchasing and restocking.
• Evaluate supplier credibility
  Conduct due diligence on suppliers to ensure they are reputable and trustworthy. Check references, reviews, and certifications.
• Handle product returns
  Handle customer returns and exchanges according to company policies. Maintain clear documentation and resolution processes.
• Identify potential suppliers
  Research and compile a list of potential suppliers for luxury fashion items. Consider factors such as quality, reliability, and price competitiveness.
• Maintain supplier relationships
  Regularly communicate with suppliers, build strong relationships, and address any concerns or issues promptly. Seek opportunities for collaboration and mutual growth.
• Manage product quality control
  Implement and oversee quality control processes to ensure products meet high standards. Address quality issues with suppliers and seek resolution.
• Monitor order status
  Regularly follow up with suppliers to track order progress, address any issues or delays, and ensure timely delivery of goods.
• Negotiate purchase terms
  Communicate and negotiate with suppliers to establish favorable purchase terms, including pricing, payment terms, and delivery schedules.
• Optimize product assortment
  Analyze sales data and customer feedback to optimize the product assortment, ensuring a mix of popular and niche items to meet customer preferences.
• Place purchase orders
  Submit purchase orders to selected suppliers, ensuring accuracy and adherence to agreed terms. Keep track of order confirmations and receipts.
• Research competitors
  Monitor competitive landscape by researching and keeping up to date with competitor strategies, pricing, and product offerings.
• Research upcoming fashion trends
  Stay updated on the latest fashion trends and anticipate future trends to make informed purchasing decisions. Check industry publications, attend fashion shows, and follow fashion influencers.
• Review sales performance
  Analyze sales data to identify top-performing products, customer preferences, and sales trends. Use this information to inform future purchasing decisions.
• Stay within budget
  Monitor and track purchasing expenses to ensure adherence to the allocated budget. Implement cost-saving measures where possible.
• Streamline purchase process
  Identify inefficiencies in the purchasing process and propose streamlined workflows or automation solutions to increase efficiency and reduce errors.
• Track inventory levels
  Maintain an inventory management system to monitor stock levels and identify reordering needs. Establish reorder points and consider lead times.
• Update product catalogs
  Regularly update and enhance product catalogs with new items, pricing information, and product descriptions. Ensure catalogs are easily accessible and up to date.