Assistant Buyer

Position Title : Assistant Buyer

POSITION OBJECTIVE
To maximize sales by sourcing the right product at the right time at the right
price. To maximize the margin on the product by pricing the product as per the
concept guidelines and monitoring price revisions. To allocate the right stock
of territories and ensure allocation of right quantity to the store. To
prepare the buying plan and to match the inflow of the stock in line with the
budgeted inflow and to incorporate new ideas and new ranges into concept.

Key Responsibilities

‎1.Planning of Buying Calendars & Events
Understand the Buying Calendar and the process of planning for a season.
Understand the various
suppliers and to learn about all buying fairs.
To assist in planning the buying calendar in line with Inflow Pattern and the
Event Calendar of the Stores.
To monitor the order status and inventory levels on regular basis and to take
proactive action for any supplier / category / range / product based on actual
inflow and sales pattern.
To review the distribution of orders on all times and based on the sales rate
and the budgets –
revise distribution wherever required.
To monitor the Budget Order; Order GRN; Inflow pattern Reports on weekly basis
and ensure
discrepancies are reported promptly to Finance.

‎2.Margin Achievement
To understand the mechanism of margin / pricing / markup and costing relevant
for each supplier and
each territory in the department handled.
To assist the Buyer in fixing the Retail Selling Price in line with the
Concept Overall Margin Target and
the specific target for each territory.
To review the pricing as generated from the Pricing Module and do the
necessary currency correction
based on the local currency of each territory.

‎3.Sales Achievement
Understanding the sales pattern of each store / territory and influencing the
increase of sales in each store / territory.
Participate in the review of the Sales Projection along with the Buyer Retail,
Finance Team.
Review the performance of a product / category / range / supplier / department
on periodic basis and to monitor stock levels.
Monitor the reorders based on the sales and revise / optimize allocation
accordingly.

‎4.Product Review, Design & Development
To understand the department, group, sub-group, category / range used in the
company and the
principle behind the classification of the products in these.
To understand the design element and the signature of the product in the
department and to know the taste of the customer.
To review samples in line with the guideline within ‎3 days of receipt and to
maintain list of all catalogues / photographs
To maintain the data base of the images of products on the server as per the
correct protocol.

Qualifications

.

Primary Location: AE-AE-United Arab Emirates
Work location/ موقع العمل: Landmark Tower - Dubai , , Dubai25030 ‎25030
Job: Buying
Organization: Lifestyle Concept
Schedule label /الجدول الزمني: Regular
Shift: Standard
Job Type: Full-time
Day Job
Job Posting/نشر تسمية الوظيفة: Aug ‎8, ‎2022, ‎7:10:‎14 AM