Buyers and Planners | TFG Careers Vacancies

Buyers and Planners at The Foschini Group (TFG) are essential to managing product selection, forecasting trends, and ensuring that each brand’s inventory meets customer demand. TFG, one of South Africa’s largest and most diversified retail companies, includes brands like Foschini, Sportscene, @home, and Markham.

This guide provides an overview of the Buyer and Planner roles at TFG, detailing job responsibilities, salary expectations, qualifications, and the application process.

Job Description & Details  

A career as a Buyer or Planner at TFG offers a dynamic environment where creativity meets strategic analysis. TFG provides competitive compensation, training programs, and a pathway for career growth within its multi-brand network.

Working in these roles provides individuals the opportunity to stay ahead of market trends, collaborate with suppliers, and impact inventory strategies to maximize sales.

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Role Overview: Buyers at TFG

Buyers at TFG are responsible for selecting products, negotiating with suppliers, and aligning merchandise with the brand’s vision and customer preferences. Key responsibilities include:

• Product Selection: Analyzing market trends, customer feedback, and seasonal demands to select products that meet brand and customer needs.
• Supplier Relations: Building and maintaining relationships with suppliers, negotiating pricing, and securing favorable terms.
• Trend Forecasting: Researching fashion trends and competitor offerings to predict customer demand and adjust product ranges.
• Assortment Planning: Developing a balanced product mix across categories, managing seasonal collections, and promoting key products.
• Collaborative Strategy: Working with Planners and Merchandisers to ensure product selections align with inventory levels, sales targets, and promotional plans.

Role Overview: Planners at TFG

Planners at TFG are responsible for forecasting demand, managing inventory, and ensuring that products are available when and where customers need them. Key responsibilities include:

• Inventory Management: Monitoring stock levels, managing replenishment, and ensuring optimal inventory levels across stores.
• Sales Forecasting: Analyzing historical sales data, trends, and current sales performance to set realistic forecasts and inventory targets.
• Demand Planning: Adjusting stock levels based on store performance, seasonal demand, and promotional needs.
• Financial Planning: Setting budgets for categories, tracking sales against projections, and making necessary adjustments to meet financial goals.
• Cross-Functional Collaboration: Working closely with Buyers to ensure product choices are in line with demand forecasts and store inventory needs.

Salary Overview for Buyers and Planners at TFG

Salaries for Buyers and Planners at TFG vary based on experience, responsibilities, and role complexity. Typical salary ranges include:

• Buyers: R300,000 to R600,000 per year, depending on seniority, expertise, and specific brand requirements.
• Planners: R250,000 to R500,000 per year, depending on experience, role level, and technical skills.

In addition to competitive salaries, TFG provides benefits like healthcare, retirement fund contributions, performance-based bonuses, and employee discounts on products.

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Requirements for Buyer and Planner Roles at TFG

Candidates for Buyer and Planner roles at TFG need a combination of education, experience, and skills in retail, analytics, and trend forecasting.

Buyers

• Education: A Bachelor’s degree in retail, fashion, business, or a related field.
• Experience: 2-5 years in buying, merchandising, or retail; experience in fashion or product sourcing is advantageous.
• Skills: Strong negotiation abilities, trend forecasting, product knowledge, and familiarity with retail buying practices.

Planners

• Education: A Bachelor’s degree in business, finance, supply chain management, or a related field.
• Experience: 2-4 years in retail planning, inventory control, or demand forecasting.
• Skills: Analytical skills, financial acumen, data-driven decision-making, and proficiency with forecasting software and inventory systems.

How to Apply for a Buyer or Planner Job at TFG

To apply for a Buyer or Planner role at TFG, follow these steps:

1. Visit the TFG Careers Page: Go to TFG’s official website and navigate to the “Careers” section to view open positions.
2. Search for Relevant Roles: Use filters to find Buyer and Planner positions in your preferred brand or location.
3. Prepare Your Application: Update your CV to highlight relevant skills, accomplishments, and experience in buying, planning, or inventory management. A cover letter detailing your interest in TFG and experience in retail strategy can strengthen your application.
4. Submit Your Application: Complete the online application on TFG’s Careers page, attaching your CV, cover letter, and any other requested documents.
5. Track Your Application Status: Log in to your TFG Careers account to monitor your application’s progress and receive updates.