Buyer Full-time Job
2 weeks ago Facilities Management Dubai 17 views Reference: 19841Job Details
Core Responsibilities:
· Determines the buying requirements and formulates buying plan and budget for the assigned brand/category, based on the analysis of the historical trends and future forecasts
· Creates buying plans to ensure profitability by maintaining and building consumer focused brand/category lines and managing SKU performance and efficiency
· Aligns the buying plan to the overall business unit plan and strategy as laid down by the brand/category manager
· Tracks and evaluates brand/category sales performance, market sales trends and competitor trading activities to identify critical business factors and proposed action plans to increase sales and profitability
· Consolidates and analyzes actual sales results to plan and forecast in-season sales/inventories on a weekly, monthly, and quarterly basis to drive sales, bottom-line profitability and inventory targets to meet or exceed financial goals
· Helps meet the profit targets by ensuring timely procurement of the merchandise
· 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.
· Ensures identification of buying opportunities to source products and to ensure that business unit maintains its competitive edge by constant renegotiation
· Ensures effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data
· Ensures maintenance of principal/supplier contacts; product demonstrations, procurement of product samples and literature
· Keeps abreast of the latest trends in buying and discuss the same with the brand/category manager to assess realignment of existing processes
· Ensures the development of periodic reports on consumer behavior, consumer trends per product etc. to facilitate decisions to maintain, liquidate or dispose-off products or continue/discontinue with the product lines
· Manages and monitors the day to day activities of the buying team, providing guidance as and when required
· Participates in capacity planning to determine the capacity required and ensure smooth supply of products
Skills Required:
· Bachelor’s Degree in Buying and Merchandising equivalent
· A minimum of 5 -7 years of relevant experience with at least 2 years in product buying
· Fluent in English and Arabic skills (written and spoken)
· Planning and Organizing
· Data Gathering and analysis
· MS Office and Tools
· Knowledge of ERP (relevant)
· Capacity Planning Knowledge