Assistant Buyer - Decor

دوام كامل في Landmark Retail Group في UAE
نُشرت يوم December 31, 2024

تفاصيل الوظيفة

Bachelor of Business Administration (Management) Nationality: Any Nationality Vacancy: 1 Vacancy

Job Description

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. Qualifications: NIFT, Pearl Graduate, 3-4 years of product development and Retail sourcing experience, for home furnishing/Decor products.

Responsibilities

  • Keep abreast of the latest trends in buying and assess realign the existing processes.
  • Identify and leverage alternate buying opportunities to source products and ensure that the 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.
  • Gather information from industry trade groups or through trade shows/market visits.
  • Develop an adequate vendor base for the company through attending fairs & exhibitions.
  • Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise.
  • Maintain contact with vendors; update the 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 for new items and initiate repeat orders for the categories he is responsible based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement.
  • Monitor sales and movements of the newly launched products and suggest merchandise planners to initiate re-orders or to de-list the range if it is not moving.
  • Implement financial and credit services agreements with the vendor that maximize profit and positively contribute to cash flow.

Market & Competition Study

  • Conduct market & competition study in categories he is responsible for and suggest new product ranges accordingly.
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