Assistant Buyer

POSITION OBJECTIVE:
Support the Buyer/Senior Buyer on developing strategic buying plans for the
assigned department/category and ensuring smooth buying operations through
vendor, well defined pricing architecture, proper assortment planning and
timely OTB utilization.

KEY RESPONSIBILITIES:
Assortment Management - Buying Budget and Planning
Determine buying requirements and formulate assortment/range plan to finalize
the budget for the assigned department/category
Align the buying plan to the overall department/category business plan and the
merchandize strategy as laid down by the manager
Define pricing architecture and ensure pricing architecture driven assortment
at a territory level
Conduct timely and regular ranking exercise to execute proper item lifecycle
management
Help meet the profit targets by ensuring timely procurement of the
department/category merchandise
Drive customer focused merchandise plans (pricing, promotion, assortment etc.)
for the department to achieve sales and market share growth, and freeze
associated plan with merchandise planning department
Study trends from historical data around product category sales and market
research to assist in the overall planning process
Ensure adherence to financial plan in all key areas - sales, markdowns, margin
& average inventory
OTB Management
Regularly review the subclass and territory wise OTB to ensure timely ordering
Manage OTB as per the defined assortment/range plan by ensuring availability
of core lines, timely infusion of new lines, proactively discounting poor
sellers and progressive ageing clearance
Forecast the M-o-M sales, gross margin, sales contribution at a territory
subclass level to ensure right territory and subclass wise OTB
Customer and Competition research
Regularly conduct store and competition visits
Keep abreast of the latest trends in buying and discuss the same with the
department/category manager from time to time to assess realignment of
existing processes
Map competition prices/products and provide qualitative inputs to the business
Gather information from industry trade groups or through trade shows/market
visits
Vendor Management
Daily communication with suppliers on product development, cost sheets,
negotiations on order timelines, quantities and prices
Sample reviews and amendments post sign off
Build and maintain relationships with vendors and suppliers and negotiate the
best deals with them for procuring merchandise
Maintain contact with vendors, update list of vendors for bidding purposes,
attend product demonstrations, obtain samples and literature regarding
potential products and vendor capabilities and confer with end users
Ensure effective communication, collation and follow-up on various product
requirements and findings obtained from the store data
Order Management
Place orders based on the buying plan & ensure merchandise is delivered as per
the plan based on the agreed service level agreement
Track the merchandise transportation from supplier to landmark distribution
centre and ensure smooth flow of goods
Follow the reverse logistics guidelines to send the faulty/damaged goods back
to the vendor
Cross Functional Collaboration
Actively participate in the commercial coordination with different departments
especially for the shop the look initiatives
Liaise with VM team to identify changes/improvements in store display and
communication.

JOB SPECIFICATION:
‎2-‎3 years’ relevant experience of which at least ‎1-‎2 years should have been in
the retail industry (preferably Home Furnishing in a buying role).

Good knowledge of buying processes Good knowledge of retail brands Planning
and organising skills Networking skills Negotiation skills Attention to detail

Qualifications

.

Primary Location: United Arab Emirates
Job: Buying
Organization: Homecentre Concept
Schedule label /الجدول الزمني: Regular
Shift: Standard
Job Type: Full-time
Day Job
Job Posting/نشر تسمية الوظيفة: Dec ‎11, ‎2022, ‎1:55:‎09 PM