In an Uncertain Industry How Can You Recruit a Good Buyer?

There are several very important skills a good buyerneed to know all there is to know about the state of
will necessarily possess. It's completely true to saythe industry, the actions of other companies, the
there's a large element of the role which requiresselling figures of various products, etc.
savvy, instinct and creativity. It's also true to sayExpertise of the industry is something I've mentioned.
that there is also a strong component of the jobThis is something which can be both learnt and
which involved relying on good data with a firm gripalready established. Junior buyers are unlikely to
of statistics and gathered data. Expertise of thealready have the level of expertise in the industry
industry is essential. Whether 'buying' is an art or anecessary to become senior buyers overnight: it can
science is an area of debate between buyers. Theretake years to become a genuine expert in a field of
are a number of different ways to measure theindustry (even if people claim to be experts after a
quality of a 'buyer' within a company, but most ofcouple of blog posts...).
them are measurable after a success/failure - so howWhen recruiting a senior buyer, it can be as simple (if
do you know you're recruiting a good buyer?you're lucky...) as finding the candidate with a good
Depending on the industry, the amount of creativitytrack record from previous buyer jobs and other
and insight necessary to be a 'good' buyer varies.experience which means they will have the relevant
This isn't as simple as clothing retailers need to haveknowledge of the industry to be successful in your
a better eye for fashion than a DIY store do. Theorganisation.
ways some retailers combine different productsIt is quite different when recruiting a junior buyer;
within their store can make a much bigger differenceindustry experience is obviously attractive, but just
in some industries than others. For example the wayas important for an apprentice/junior buyer is the
hats compliment gloves, but plastic shelving doesn'tcapability to learn quickly and the savvy to adapt to
compliment wood-glue.the industry. Without a distinction between the two
Good buyers will have a control of a wide range ofroles with regards to recruitment, you'll end up (if
relevant and important data and statistics. It's simplyyou're not lucky) with two junior or two senior
not enough to have good instinct in this role: buyersbuyers doing different jobs.