Data Analyst (Buyers) at The People Practice

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
73284
Job Views
95

Job Description



Our client, a premium retail gifting business is looking to hire a highly motivated and detail-oriented Buyer Data Analyst to join our merchandising team. The ideal candidate will possess strong analytical skills, a deep understanding of retail data, and the ability to translate insights into actionable strategies.


Responsibilities


Data Collection and Analysis:



  • Gather, clean, and analyze diverse data sets including sales records, market reports, and customer feedback.

  • Conduct thorough market research to identify trends, consumer behavior patterns, and competitor activities.


Demand Forecasting and Assortment Planning:



  • Utilize statistical models and historical data to forecast demand for products/categories.

  • Collaborate with the buying team to assist in assortment planning based on data-driven insights.


Supplier Evaluation and Inventory Optimization:



  • Evaluate supplier performance metrics, analyze delivery times, and assess quality standards.

  • Monitor inventory levels, turnover rates, and sell-through to optimize stock levels efficiently.


Reporting and Visualization:



  • Develop and maintain reporting dashboards to visualize key metrics and trends.

  • Prepare regular reports summarizing sales performance, inventory status, and market trends.


Insights and Strategy Development:



  • Provide actionable insights and recommendations derived from data analysis to improve buying strategies, pricing, product assortment and inventory distribution.

  • Assist in the development of merchandising strategies aligned with data-driven insights.


Collaboration and Communication:



  • Collaborate with cross-functional teams including buyers, assistant buyers, marketing, and sales to align strategies and goals.

  • Effectively present data-driven insights to stakeholders through reports and presentations.


What does the role mean in simple terms?



  • You will be joining a new team called the merchandising department .

  • The role is new to the business and will need and experienced person.

  • You will be responsible for analyzing trends in number of product categories, product sales behaviour, supplier performance, store-specific performance and customer buying behaviour.

  • You have to enjoy numbers and visualising trends in a very simplified manner.

  • One of your first tasks will include designing and creating a company specific Order Management System and Demand Forecasting System


Qualifications



  • Bachelor's degree in Business, Economics, Statistics, or related field. Advanced degree preferred.

  • 4 years of proven experience in a data analysis role, preferably in retail or merchandising.

  • Proficiency in data analysis tools (e.g., Excel, SQL, Python, Tableau) and statistical methodologies.

  • Strong analytical mindset with the ability to interpret complex data sets and trends.

  • Excellent communication skills to convey insights effectively to diverse stakeholders.


Must have skills



  • Strong analytical skills

  • Excellent communication and interpersonal skills.

  • Ability to build strong relationships and collaborate effectively with cross-functional teams.

  • Strong problem-solving and decision-making skills.


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