- POSITION OBJECTIVE
The job holder will be responsible for developing strategic buying plans for the assigned department/category. The job holder will also ensure smooth buying operations through vendor identification, evaluation and selection, in compliance with the contract principles to achieve the strategic and financial objectives of the concept
DO Key Responsibilities
Buying Budget and Planning
Determine buying requirements and formulate buying plan and 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 department/ category manager
Help meet the profit targets by ensuring timely procurement of the department/category Merchandise
Pursue cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process
Vendor Management
Develop an adequate vendor base for the concept through active scouting and negotiation / renegotiation
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
Identify, evaluate and select appropriate vendor mix to achieve business objectives
Order Management
Place orders based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement
Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow
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
Vendor and Product Research
Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation
Ensure effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data
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
Gather information from Industry trade groups or through trade shows/market visits
- Good Knowledge of Buying processes
Good Knowledge of Retail brands - Footwear
Planning and organising skills
Networking skills
Negotiation skills
Attention to detail
6 years in retail industry in buying and merchandising role /Sporting Goods experience will be preferred
- Sports One is one of the concept of Landmark Group dealing with multi brand, multi category business with sporting goods and equipment's (www.sportsonestores.com). We currently have around 10 stores running in the middle east region.
- Email Address:jyothipriya.fernandes@landmarkgroup.com
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