: Develop strategic buying plans for the assigned department/category. 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
Responsibilities:
1. Key Responsibilities
Plan, Identify and select new range of products and review the existing ones
Analyze consumer buying patterns and predicting future trends
Analyze customer demand, price, quality and availability
Maintain relationships with existing suppliers and source new suppliers for future products
Liaise with stores and territories to ensure supply meets demand and right product ranges are assigned in respective stores and territories
Support in the seasonal budget keeping in mind past performance, current trends and future events that may impact the business
Negotiate products for the assigned subgroups at the lowest possible price and with the most viable commercial terms
Partner with the Merchandise Planner to manage and control inventory levels, stock replenishment and delivery objectives
Review existing items to ensure products remain competitive
Provide a commercially viable range of merchandise at competitive prices
Keep up to date with market trends and react to changes in demand
Analyzing market reports and strategizing plans for the stores, then presenting ideas to senior management
Create promotional plans in conjunction with marketing
Conduct market visits for R & D both International and within territories
Attend Trade fairs every season in order to assess trends and be abreast with the current market scenario
Travel and meet Suppliers every season and place orders to get timely deliveries
Train and mentor junior staff
2. Job Specifications
Ability to thrive in a high growth, entrepreneurial and ambiguous environment
Strong analytical, commercial, and problem-solving skills, with a hands-on attitude and a focus on fast execution
Good sense for trends, creativity and a thorough understanding of customer needs
Strong communication skills and ability to clearly communicate with different stakeholders
Ability to prioritize tasks and to balance immediate and long term needs of the business while retaining agility to pivot as needed
Ability to recognize a new trend, item, look, technique, early in its life-cycle and deliver quickly
Qualifications: Graduate, 2-4years of product development and sourcing experience, for furniture and home furnishing products preferred.
About Us:
Our journey started in 1973 with a single store in Bahrain. Since then, we have grown into a global retail and hospitality group. The proud creator of 25 plus value led, own-built brands across retail, hospitality, food, and leisure.
Over the years, our UAE - based group has evolved into a comprehensive retail and hospitality entity, with over 2200 retail stores, leisure, and hospitality outlets, panning the GCC, Middle East, India, Southeast Asia, and Africa. Today, Landmark Group is one of GCC's largest omnichannel retailers and India's top home and fashion retailer.
We take immense pride in the organic growth of our retail brands, which have blossomed into household names. From Max, Splash, Babyshop, Centrepoint, Shoemart, Homecentre, Emax, Fitness First, to Funcity, to name a few, our brands span across a multitude of categories, enriching the lives of countless families over the past decade.
About the Team:
Home Centre is the largest omnichannel retailer for home furnishings in the Middle East, North Africa & the Indian sub-continent.
Home Centre offers outstanding value, quality products, and exceptional customer experience which is revealed in their new brand identity that is underpinned by their customer-first approach of enabling every home to tell its own unique story.
Established in 1995 with its first store in the UAE, today Home Centre has a wide network of over 80 stores, across the UAE, KSA, Bahrain, Egypt, Kuwait, Oman, Qatar, and India. Easy to navigate and serving as a one-stop solution for all home furnishing, the Home Centre e-commerce platform provides customers an extensive range of over 14,000 products at the tip of the fingers.