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Senior Buyer: Retail Industry

Qatar, Other

Vitasta Consulting pvt ltd

Job Description

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 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 behaviour, 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

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

Company Description

From big transnational corporations to fast growing SME's to fledgling start-ups... every corporate body is looking for top talent. All of these are keenly aware that the only real competitive advantage they can have and build in today's flat world is the "human capital".

We are servicing this need for many national and international clients across various domains. We have been helping find a large number of our clients quite a few leaders, functional experts as also emerging precocious talent since 1997.

We credit all our success to three things; customer centric work systems, unflinching belief in our corporate values and our synergy enhancing team. We see repeat business and referral as the operative driver of customer feedback.
For more details on us visit www.vitasta.com
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Additional Information

Last updated:
25/12/2017
Job type:
Full time
Position type:
Permanent
Vacancies:
1
Minimum experience:
Between three and five years
Education:
Compulsory Education
Category:
Jobs in Sales / Business Development
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