Manager - HCS at Vitasta Consulting Pvt. Ltd.
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Junior Buyer - Home Decor (1-4 yrs)
Job Designation: Jr. Buyer - Home Decor
Location: Dubai
Education:
- Bachelor degree in Fashion Designing
- Bachelor degree in a Retail Function, Marketing, Business Management, Procurement or Financial Management
Experience:
- 1 to 4 years of experience in buying for a medium enterprise
- Experience in Related product line is required
- Experience in purchasing and importing products from commercially viable sources/regions are an advantage
Job Purpose: To buy and implement department product strategy and tactical plans by ensuring that the category(s) purchased reflects the retail trends at best commercial value and the planned stock figures
Key Accountabilities:
Operational
- Determines the buying requirements and formulates buying plan as per budget for the assigned category, based on the analysis of the historical trends and future forecasts
- Identify and shortlist potential vendors as partners and negotiating commercials
- Negotiate prices in line with the desired level of margins
- Maintain an extensive level of communication with the planning team for applying previous performance analysis into the process of range direction and selection
- Create and define product ranges for the different product categories within budget
- Create or assist the Buying manager in the process of creating the range direction, selection and final sign off
- Creates buying plans for one to two departments while ensuring profitability by maintaining and building customer focused category lines
- Aligns the buying plan to the overall business plan and strategy as laid down by the management
- Tracks and evaluates category sales performance, market sales trends and competitor trading activities to identify critical business factors and accordingly propose action plans to increase sales and profitability
- Assure pre-production quality check is executed in a timely manner with the quality control manager collaboration
- Oversees and manages placement of orders based on the buying plans and ensures merchandise is delivered as per the plan based on the agreed service level agreement
- Responsible for negotiating price and ensuring delivery arrangements with Suppliers/Vendors within set budget
- Ensures effective communication, collation, and follow-up on various product requirements and findings obtained from the sales/store data
- Ensures the development of periodic reports on consumer behavior, consumer trends per product etc. to facilitate decisions to manage product lines
- Coordinate with the Central Distribution Center, Quality Controllers, Stores, Visual
- Merchandising and any other function on issues relating to the brand
- Regularly Reviewing performance indicators, such as sales and discount levels
- Develop awareness about the organized, unorganized category segments and identifying their strengths and weaknesses and share the same with the buying manager
- Periodically reviewing performance indicators, such as sales and discount levels
- Maintain high level of product knowledge, plus ensuring the product is procured within the acceptable standard norms of quality and fit
- Manage the distribution of tasks among the reporting team, allowing a proper flow of tasks and a smooth finalization of the buying plan
- Travel individually or with the companion of other members from the Buying Team for Buying and preparing for seasons buying plans
- Conduct periodic store visits to collect feedback from the stores
People Management
- Manages and monitors the day to day activities of the buying team, providing
- guidance as and when required
- Guide and Coach the team in developing better business skills
Product and Process Improvement
- Apply experience on evolving new procurement methods, introducing new suppliers,
- or production lines to assure cost efficiency
Knowledge and Skills:
- Proficient in MS Office
- Proficient Level of presentation and Negotiating skills
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