Job details
Buying and Merchandising Manager - Fitness (TP)
Responsible to develop, implement, track and optimize the company's planning & Buying strategy and purchase decisions for the products in the retail outlets to achieve company goals.Key Accountabilities
- Making purchase decisions based on customer demand, including price, quality and availability; market trends, financial budgets, and company policy.
- Coordinating and managing new merchandise and reviewing existing items to ensure products remain competitive.
- Overseeing the complete buying procedure to maximize profits and provide a commercially viable range of merchandise at competitive prices by fully understanding customer needs.
- Keeping up to date with retail market trends and planning to adapt to changes in demand in accordance with the division's budget and company policy.
- Analyzing retail buying patterns and predicting future trends to plan the buying procedure and budgeting.
- Responsible for the continuous training of the team and mentoring of new staff.
- Regularly updating and reviewing performance indicators, sales, discount levels, and managing plans for stock levels.
- Planning for positive reactions to changes in demand and logistics.
- Maintaining relationships with existing suppliers and sourcing new suppliers for future products.
- Meeting suppliers, attending trade fairs, collecting samples, negotiating terms of contract, and supporting the company in maintaining high-end business relationships with suppliers and principals.
- Liaising with all retail departments within the organization to ensure projects, including trade fairs and promotional events, are completed on time in accordance with company policy.
- Keeping updated reports and forecasting sales levels.
- Presenting new ranges to senior retail managers.
Qualifications:
- Master's degree in Business Management.
- 10+ years of experience managing retail buying for fashion, food, and pharma products.
- Strong understanding of current online marketing concepts, strategies, and best practices.
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Hiring company
Al Khayyat Investments (AKI)
-
AED 49
AED 955Duration: Upto 5 Hours -
Introduction to Purchasing & Procurement Online Alpha AcademyAED 89
AED 1,028Duration: Upto 5 Hours
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