- Purchase the highest quality of merchandise at the lowest possible price

- Plan, forecast and report on sales and business performance, according to category requirements

- Control Line or family budgets (Sales, Profitability and stocks)

- Maintain healthy stock turns. Maintaining ongoing liquidation plans for excess and dormant stocks to keep stock levels on targets

- Coordinate and implement advertising and promotional initiatives

- Research and evaluate suppliers based on price, quality, selection, service, support, availability, reliability, distribution capabilities, and the supplier's reputation and history

- Review catalogs, industry periodicals, directories, trade journals, and Internet sites, and consult with other department personnel to locate necessary goods and services

- Attend meetings, trade shows, conferences, to network with potential suppliers

- Write and review product specifications, maintaining a working technical knowledge of the goods or services to be purchased

- Monitor changes affecting supply and demand, tracking market conditions, price trends etc

- Touring the sales floor regularly, talking to sales associates and customers, and identifying or resolving urgent issues

- Maintain records of goods ordered and received

- Initiate cost adjustment claims and following up with vendors to secure execution

- Maintain, implement purchasing instructions, policies, and procedures

- Maintain awareness of market trends in the retail industry, understanding forthcoming customer initiatives, and monitoring local competition

- Coordinate activities of personnel engaged in buying, selling, and distribution