Procurement Buyer
- MERCHANDISING / PRODUCT STRATEGY
Implement the Company Merchandising Strategy for procurement of Merchandise which incorporates and interprets the Brand Partner(s) procurement strategies in order to deliver and preserve the brand identity within the particular Retail Group.
BUSINESS PLAN STRATEGY
Meet key business performance indicators:
Fiscal Sales target - XXXXX
Gross Margin XXXXX
Input margin % - XXXXX
Markdown % - XXXXX
Seasonal OTB Spend - XXXXX
Pricing strategy
Ensure pricing is inline with brand market positioning
Highlight key inflationary concerns prior to seasonal launch
Apply correct mark up in order to achieve budgeted margin
INVENTORY MANAGEMENT
Ensure product is bought according to OTB plans given
Motivate need for stock adjustments where required
Formulate plans on how to deal with distressed stock
Drive cancellations/discounts for late deliveries
Business Analysis and reporting
Analyse daily and weekly MIS reports and prepare action plan according to key sales trends and call outs
Prepare report and update all stake holders on product performance
Set targets for improved UPT and ATV achievement
MARKET INTELLIGENCE AND ANALYSIS
Undertake market research highlighting key market trends and activities
Review competitor behaviours
Prepare competitor price list
Prepare market feedback report
Travel
Undertake business travel in line with business requirements
EXPECTED OUTPUTS
Implement merchandise Strategy by brand
Ensure correct product placing for seasonal launches in line with brand partner guidelines
Balanced assortments
Seasonal buy plan to be signed off prior to product placing
Signed price list
Improved stock turn
Drive brand optimisation
Drive higher clearance
Submit weekly trend report
As per brand partner calendar
- 8+ years experience
- Allocator / Assistant Merchandisers
- Allocate the correct volume of product to stores in the required assortment to enable stores to achieve its sales targets & thereafter replenish the balance of the product to the stores which has the best opportunity to sell the stock
Ensure the availability of all relevant HISTORICAL product & location sales & stock data
Ensure the availability of all relevant CURRENT product & location sales & stock data
Pre-define store grades & product allocation parameters based on above
- 1. Follow the process of stock life cycle management with regards to allocations and replenishment
2. Create pre-allocations: create the pre-allocation for the new purchase orders according to the strategy of the brand considering the stock level in the stores, managing exceptions desired by the merchandiser and communicated to the allocation manager
3. Set up and maintain the size profiles by location by item or higher level in allocation module according to historical data statistics
4. Set up and maintain replenishment parameters by item by location to ensure highest level of stock assortment management accuracy in the locations with compliance to the brand strategy
5. Follow up the DC process of created allocations and replenishment transfer and evaluate the speed and completeness of the process according to the set schedule for the DC waving by brand.
6. Make sure that the DC process is completed prior to the new scheduled wave run.
7. Work closely with stock control department to monitor the receipt of transferred stock in the stores
- 8+ years experience
- Senior Merchandiser
- 1. Implements the Brand Partners merchandising strategy in the procurement of merchandise in order to deliver and preserve the brand identity.
2. Implements a profit planning strategy for each brand that incorporates the various profit parameters.
3. Implements the detailed buy plan for each merchandise division and brands within it, based on the Business Plan and the seasonal cycle rolling forecast.
4. Ensures the affective procurement of merchandise of the right product, right market and right quantity in time for the seasonal merchandise launches in line with brand partner guidelines.
5. Optimizes the assortment of Fashion Garments for each brand in terms of size ratios, top and bottom ratios and colour combinations (mix and match offering) in order to expose the customer to the full selection of assortment of garments in the store.
6. Complies with the stock turn parameters for each brand in order to benchmark against industry standards and best practice and take the necessary action to improve stock turn performance measures.
EXPECTED OUTPUTS
Timely procurement of merchandise; preservation of brand identity.
Achieve and/ or exceed business and sales plan; improve company profitability
Compliance with Brand Partners Buy Plan Agreement; ensured 100% supply of required brand/ merchandise.
Implementation of effective process management
Improved store/ brand sales and overall company profitability
Performed cost effective and efficient inventory management processes
- 10+ years experience
- Merchandiser
- 1-Replenishment of Stock as per Stores requirement as well as stores category-wise sales performance on time.
2-Monitoring sales and stock positions on Weekly basis, Monthly basis at Department level, Category level, Brand level and Season wise.
3-Taking Daily Sales Report from the System and compare them against budget and target and discuss with Team .
4- Maintaining of Stock Transfer in and Transfer out.
5-Gathering of sales data and to do its analysis to understand market, trend, product, price and many other such aspects.
6- Keeping the Sales team updated with stock levels, trends and sales patterns so that they can plan their sales and promotions accordingly.
7- Analyze merchandise performance within department to monitor statistical objectives, adapt Inventory as needed, and increase sales volume.
8- Analyzing every aspect of best sellers & worst sellers & keeping an eye on slow sellers.
9- Acts as mediator between the Stores, Head Office, Marketing, Warehouse and the Brand Heads.
10- Working with the accounts team to tally sales figures , credit notes for returns ,invoices and inward of purchases.
11-Presenting reports related to sales and stocks to the management as and when required.
12-To control stock flow for all existing stores on the basis of store capacity, selling power and on hand inventory.
EXPECTED OUTPUTS
Leads to increase in sales performance.
Leads to increased sales and decrease in terminal stock.
Motivation for the sales team to increase and measure performance.
Leads to creation of collection and range and avoiding broken sizes, which increase sales.
Sales Performance and achievements and opportunities.
Increase in sales and lower stock covers.
Increase in category performance and sales
Reduce in Terminal stock and increase in sales volumes and margins.
Easy facilitation of the works .
Leads to perfect P&L accounts to
Measure the margins and profitability.
To measure the performance of brand and the team.
Leads to perfect stock in a location based on sales
- 8+ years experience
- Merchandise Planning Controller
- To design and implement a merchandise planning structure, enable transparency in stock control, allocation and delivery in a timely process; ensures that all Brand Partners strategies and the Companys trading strategy are complied with..
1. Designs and implements a merchandise planning process and procedure; implements the stock flow process which incorporates and interprets the Brand Partners strategies in order to deliver and preserve the brand identity within the particular Retail Group.
2. 2. Incorporates Profit Planning Strategy for each brand with various profit parameters.
3. Implements a distribution/ allocation strategy, taking into account the detailed buy plan for each merchandise division and the brands within it and based on the Business Plan and the seasonal cycle rolling forecast.
4. Designs and implements a merchandise financial calendar to incorporate, 18 month rolling forecast, 12 agreed plan, pre-seasonal plan review and reforecast. Season, quarter, and monthly OTB.
5. Produce an annual, seasonal and monthly product capex forecast and review with merchandise controller and CFO.
6. Exchange key market information with each brand partner on the market level of acceptance of new fashion garments and trends acknowledging the need for setting trends in the local market in order to maintain and increase market share of fashion garments in KSA in line with market growth.
7. Ensure the effective distribution/ allocation of merchandise of the right product, right market and right quantity in time for the seasonal merchandise launches in line with brand partner guidelines through affective process management and implementation within the Retail Group and through the Divisional Merchandise teams.
8. Optimize the assortment of Fashion Garments for each brand in terms of size ratios, top and bottom ratios and colour combinations (mix and match offering) in order to expose the customer to the full selection of assortment of garments in the store, assisting in achieving all promotional targets.
9. Comply with the stock turn parameters for each brand in order to benchmark against industry standards and best practice and take the necessary action to improve stock turn performance measures.
10. Ensure the markdown targets are minimised in order to maximize profitability
11. Optimize the utilization of Human Resources in the Department through ongoing coaching, performance appraisals, training and development and motivation in order to maximize productivity in line with departmental succession plan.
12. Utilize the procurement MIS system in order to submit regular MIS reports to management for decision making.
13. Assist commercial Retail Groups , Divisions and Brands Partners in translation of merchandise financial plans into product procurement plans, range and space plans.
14. Implement planning structure to ensure highest productivity with minimum headcount, initial proposal 3 divisional planners.
15. Manages the Merchandising and Procurement function for a) Pre Season b) In season and c) Post season analysis for each Fashion Retail brand
EXPECTED OUTPUTS
Approval and implementation of cost effective merchandizing strategy; preserved brand identity.
Exceed business and sales plan
Cost effective implementation of allocation strategy
- 8+ years experience
- Merchandise Director
- MERCHANDISING / PRODUCT STRATEGY
Implement the Company Merchandising Strategy for procurement of Merchandise which incorporates and interprets the Brand Partner(s) procurement strategies in order to deliver and preserve the brand identity within the particular Retail Group.
BUSINESS PLAN STRATEGY
Implement a Sales/Profit Planning Strategy for each brand which incorporates the various sales /profit parameters in order to achieve or exceed the Business Plan objectives
MARKET INTELLIGENCE AND ANALYSIS
To drive product optimisation by updating all stake holders on product performance through in-depth analysis highlighting all product trends across the market.
INVENTORY MANAGEMENT
Comply with the stock turn parameters for each brand in order to benchmark against industry standards and best practice and take the necessary action to improve stock turn performance measures.
HR MANAGEMENT
Optimize the utilization of Human Resources in the Department through ongoing coaching, performance appraisals, training and development and motivation in order to maximize productivity.
MIS
Utilize the procurement MIS system in order to submit regular MIS reports to management for decision making.
Travel
Undertake business travel in line with business requirements
EXPECTED OUTPUTS
Implement merchandise Strategy by brand
Ensure correct product placing in line with brand partner guidelines
Final business plan sign off
Implement OTB plan for each brand
Implement monthly OTB review
Manage cost reductions to ensure markdown targets are met
Monthly brand report summarising trends and key call outs with clear action plans
Review weekly stock reports
Regular meetings with planning team
To update
- 8+ years experience
- Merchandise Controller (Marks & Spencer)
- 1 Implement s the company merchandising strategy for procurement of merchandise which incorporates and interprets the Brand Partner(s) procurement strategies.
2. Implements a profit planning strategy for each brand which incorporates the various profit parameters
3. Implements the detailed buy plan for each merchandise division and the brands within it, based on the Business Plan and the seasonal cycle rolling forecast (18 months) in line with the Company and Brand Partner agreement.
4. Exchanges key market information with each brand partner on the market level acceptance and trends of new fashion garments, in order to set trends in the local market.
5. Ensures the affective procurement of merchandise of the right product, right market and right quantity in time for the seasonal merchandise launches in line with brand partner guidelines through affective process management and implementation within the Retail Group and through the Divisional Merchandise teams.
6. Optimizes the assortment of fashion garments for each brand in terms of size ratios, top and bottom ratios, and colour combinations (mix and match offering) in order to expose the customer to the full selection of assortment of garments in the store.
7. Complies with the stock turn parameters for each brand in order to comply with industry standards and best practices, and take the necessary action to improve stock turn performance measures.
8. Ensures that markdown targets are met in order to maximize profitability.
9. Provides on-going coaching, performance appraisals, training and development, and motivation in order to maximize productivity.
10. Utilize the procurement MIS system in order to submit regular MIS reports to management for decision making.
EXPECTED OUTPUTS
Delivered and preserved the brand identity within the particular Retail Group.
Achieved and/ or exceeded the Business and Sales Plan.
100% implementation of buy plan agreements with Brand Partners.
Maintain and/ or increase market share in KSA in line with market growth.
Timely procurement of required merchandise type and quantity at all launches
Increase sales revenues
Improved stock turn performance
100% achievement of markdown targets at all times
Improved employee performance and productivity
Timely and reliable management reports
- 10+ years experience
- Merchandising Manager for Sales Division
- 1- To look after the flow of stock with accordance to the business requirement and profitability.
2- To provide the support to Product Team/ sales Team the back-end support.
3- To implement a profit based strategy for each brand in various parameters in order to achieve or exceed the business plan budgets.
4- To do the product and stock analysis.
5- To make sure the business requirement are put into actual implementation.
6- To control the ERP system to ensure retail performance is maximised..
7- To develop store targets.
8- To develop and implement OTB and Sale plan.
9- To increase the business profitability.
10- To Liaise with Brand Partner for any sort of compensation and stock book maintenance.
11- To liaise with Finance dept for merchandise payment and P&L accounts.
12- To report all stock analysis, stock cover and sell thru and contributions.
13- To develop the Business plan on dept and store levels.
14- To lead the team of Merchandisers and Asst Merchandisers.
15- To assure the quality buying and stock optimization.
EXPECTED OUTPUTS
Reduction of Terminal stock and sale intake.
Increase in Sales.
Increased Margins and Profit.
Increased Sales.
Achievements for Goals and objectives of company.
Exact and proper result for stock.
Guidelines for sales performance.
Minimisation of losses due to reduction in margin.
Increase in margins.
Better Brand partner relationship and to avoid the past mistakes.
- 10+ years experience
- DC Transport Supervisor
- Manage integrity of transport process including stock during inbound and outbound.
Coordinate with transport team in order to maximise output to reduce lost time.
To manage the effective and efficient utilisation of fleet and drivers.
To liaise and manage vehicles maintenance with the relevant department
Ensure healthy and safe workplace
Ensure employees are trained in and adhere to standard work procedures
Identify and initiate correction of hazards
Assess and meet OHS needs of individual vehicles and employees
Assist individual employees to improve OHS performance
Documentation and record keeping
EXPECTED OUTPUTS
To maintain efficient deliveries
To maintain D.I.F.O.T.
To satisfying the demands of the stores/customers.
To maintain safe standards.
To maintain efficient deliveries to stores.
To maximise the usage of own vehicles therefore reducing the number of contracting vehicles.
Train employees in safe work practices and procedures and ensure compliance
Inspect Vehicles specifically for OHS problems
Report and analyse accidents and incidents and initiate preventative actions
Encourage employees to report accidents, incidents and near misses
Supervise employees re: safe work
Conduct and document vehicle inspections
Ensure new Drivers are inducted
- 10+ years experience
Recruiter Name:MR. BUNTY
Email Address:
Post a Comment