Senior Buyer - Menswear
- Business Unit : Corporate Fashion
Department: Home and Fashion
Reports to: Buying Manager
Experience: 4 years as Buyer & 2 years in Product Development
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
Actively participate in implementing the buying strategy
Identify and shortlist potential vendors as partners and negotiating cost
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 more than two departments while ensuring profitability by maintaining and building customer focused category lines
Aligns the buying plan to the overall business 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
Travel to various destinations to the finalize the process of goods merchandising
Conduct periodic store visits to collect feedback from the stores
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
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
Communication and Interface
Internal
Quality Control Team
Central Distribution Centre
Planners
Marketing and Visual Merchandising
External Frequency
Merchandise Suppliers and Vendors
Qualification and Experience
Education and Certification
Bachelor degree in Fashion Designing
Bachelor degree in a Retail Function, Marketing, Business Management, Procurement or Financial Management
Knowledge and Skills
Proficient in MS Office
Proficient Level of presentation and Negotiating skills
Experience
4 years of experience as a buyer for a medium-promotional environment
2 years of experience in product development
Experience in Related product line is required
Experience in purchasing and importing products from commercially viable sources/regions is an advantage
Competencies
Core Level
Customer Focused Proficient
Passion for Excellence Advanced
Teamwork Proficient
Communication and Transparency Proficient
Leadership Level
Inspiring and Leading People Basic
Strategic Orientation Basic
Influencing and Persuading Basic
Decision Making Basic
- Sr. Buyer - Girls Wear
- 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
Actively participate in implementing the buying strategy
Identify and shortlist potential vendors as partners and negotiating cost
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 more than two departments while ensuring profitability by maintaining and building customer focused category lines
Aligns the buying plan to the overall business 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
Travel to various destinations to the finalize the process of goods merchandising
Conduct periodic store visits to collect feedback from the stores
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
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
Communication and Interface
Internal
Quality Control Team
Central Distribution Centre
Planners
Marketing and Visual Merchandising
External Frequency
Merchandise Suppliers and Vendors
Qualification and Experience
Education and Certification
Bachelor degree in Fashion Designing
Bachelor degree in a Retail Function, Marketing, Business Management, Procurement or Financial Management
Knowledge and Skills
Proficient in MS Office
Proficient Level of presentation and Negotiating skills
Experience
4 years of experience as a buyer for a medium-promotional environment
2 years of experience in product development
Experience in Related product line is required
Experience in purchasing and importing products from commercially viable sources/regions is an advantage
Competencies
Core Level
Customer Focused Proficient
Passion for Excellence Advanced
Teamwork Proficient
Communication and Transparency Proficient
Leadership Level
Inspiring and Leading People Basic
Strategic Orientation Basic
Influencing and Persuading Basic
Decision Making Basic
Recruiter Name:Sucheta
Email Address:akshay.k@vitasta.net
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