The job holder will be responsible for creating & implementing buying and product strategy and tactical plans for assigned department(s) by ensuring that the department(s) purchase reflects the retail trends at best commercial value, thereby ensuring delivery of sales and profit targets for the department. The job holder will also be responsible for ensuring smooth buying operations through effective product planning, negotiation with suppliers, adequate stock management as well as effective team management for enabling the strategic goals of the department.
Key Responsibilities
Product Development & Range Building
Build and communicate product (department(s)) strategy per season
Have good understanding of trend and customer and convert the same into commercial product
Ownership of the process of creating the range direction, selection and final sign off.
Responsible for negotiating the price and ensuring delivery arrangements with Suppliers/Vendors within a set budget.
Maintain an extensive level of communication with design, planning, retail, sourcing, Quality and E-comm teams for the process of range direction and selection
Maintain a good retail interface with territories on stock management and solicit regular product feedback
Liaise with marketing team for effective product & social media campaigns
Liaising with Apparel/non-apparel teams to ensure a wholistic and coherent product proposition for customers
Buying Budget and Planning
Deliver the sales and profit targets for the department
Determine the buying requirements and formulates the buying plan along with planning 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 along with business manager
Improve department efficiency on turnaround time and cost.
Order & Vendor Management
Identify and shortlist potential vendors as partners and negotiating the cost in line with desired level of margins
Assure pre-production quality check is executed in a timely manner with quality control manager collaboration.
Critical path management from merch direction to final stock received
Provide inputs to sourcing department for sourcing strategy for the department
Ensure constant cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix
Review of shipment tracking, PLM and product approvals.
Market Research & Competitor Benchmarking
Conduct periodic store visits along with business manager to collect feedback from the stores and about competition to benchmark product range, quality and pricing
Gather information on fashion trends through trade shows/inspirational trips and utilise the same in building competetive product proposition.
People Management
Develop successors for subsequent roles through effective implementation of individual development plans
Motivating and retaining the team through effective performance management, recognition and development to ensure a performance based winning culture
Guiding team and ensuring that PLM and other business process are adhered to
DO \xe2\x80\x94 Key Responsibilities
Display
QUALIFICATION
Basic Qualification / Education / Vocational Training
Bachelor\'s Degree/Post graduation in Fashion Designing/ textile engineering/ Economics or MBA
EXPERIENCE
Experience Required
12-16 years of experience in retail industry and minimum 2-4 years in a similar role. Experience in purchasing and importing products from far eastern regions is an advantage
COMPETECIES
Skills and Capabilities
Must have:
Strong Product knowledge in related category/department
Strong trend and customer understanding
Advanced retail analytical skills
Strong sourcing and range building skills
Strong influencer and communicator with ability to interact within team and with multiple stakeholders across functions
Negotiation and vendor management skills
Innovative & critical thinking ability
Ability to adapt to change and strategic thinking
Ability to coach and guide team on goals, performance, and growth
Desirable: Comfortable managing large number of options for different categories, relationship management with different levels in an organisation, complex decision making and problem solving
Qualifications
POSITION DESCRIPTION DOCUMENT
BASIC INFORMATION
Position Title
Senior Buyer \xe2\x80\x93 Buying (Babywear)
Job Family
Buying
Function / Department
Buying
POSITION DETAILS
Grade
Reporting To
Business Manager
Corporate/Concept/Territory
Concept
Concept Name
(If Applicable)
Max Fashions
LOCATION DETAILS
Base Location (City)
Dubai
Country
UAE
POSITION OBJECTIVE
The job holder will be responsible for creating & implementing buying and product strategy and tactical plans for assigned department(s) by ensuring that the department(s) purchase reflects the retail trends at best commercial value, thereby ensuring delivery of sales and profit targets for the department. The job holder will also be responsible for ensuring smooth buying operations through effective product planning, negotiation with suppliers, adequate stock management as well as effective team management for enabling the strategic goals of the department.
Key Responsibilities
Product Development & Range Building
Build and communicate product (department(s)) strategy per season
Have good understanding of trend and customer and convert the same into commercial product
Ownership of the process of creating the range direction, selection and final sign off.
Responsible for negotiating the price and ensuring delivery arrangements with Suppliers/Vendors within a set budget.
Maintain an extensive level of communication with design, planning, retail, sourcing, Quality and E-comm teams for the process of range direction and selection
Maintain a good retail interface with territories on stock management and solicit regular product feedback
Liaise with marketing team for effective product & social media campaigns
Liaising with Apparel/non-apparel teams to ensure a wholistic and coherent product proposition for customers
Buying Budget and Planning
Deliver the sales and profit targets for the department
Determine the buying requirements and formulates the buying plan along with planning 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 along with business manager
Improve department efficiency on turnaround time and cost.
Order & Vendor Management
Identify and shortlist potential vendors as partners and negotiating the cost in line with desired level of margins
Assure pre-production quality check is executed in a timely manner with quality control manager collaboration.
Critical path management from merch direction to final stock received
Provide inputs to sourcing department for sourcing strategy for the department
Ensure constant cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix
Review of shipment tracking, PLM and product approvals.
Market Research & Competitor Benchmarking
Conduct periodic store visits along with business manager to collect feedback from the stores and about competition to benchmark product range, quality and pricing
Gather information on fashion trends through trade shows/inspirational trips and utilise the same in building competetive product proposition.
People Management
Develop successors for subsequent roles through effective implementation of individual development plans
Motivating and retaining the team through effective performance management, recognition and development to ensure a performance based winning culture
Guiding team and ensuring that PLM and other business process are adhered to
DO \xe2\x80\x94 Key Responsibilities
Display
QUALIFICATION
Basic Qualification / Education / Vocational Training
Bachelor\'s Degree/Post graduation in Fashion Designing/ textile engineering/ Economics or MBA
EXPERIENCE
Experience Required
12-16 years of experience in retail industry and minimum 2-4 years in a similar role. Experience in purchasing and importing products from far eastern regions is an advantage
COMPETECIES
Skills and Capabilities
Must have:
Strong Product knowledge in related category/department
Strong trend and customer understanding
Advanced retail analytical skills
Strong sourcing and range building skills
Strong influencer and communicator with ability to interact within team and with multiple stakeholders across functions
Negotiation and vendor management skills
Innovative & critical thinking ability
Ability to adapt to change and strategic thinking
Ability to coach and guide team on goals, performance, and growth
Desirable: Comfortable managing large number of options for different categories, relationship management with different levels in an organisation, complex decision making and problem solving