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Buyer - Furniture (Bedroom)

Landmark Gulf Group

Posted on January 14, 2020

3 - 5 years UAE - United Arab Emirates

Any Graduation. Any Nationality

Opening 01

Job Description

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Buyer -
Furniture (Bedroom)
The
job holder will be responsible for developing strategic buying plans for the
assigned category to achieve the strategic and financial objectives of Home
Box. Also, responsible to ensure smooth buying operations through Product
Sourcing, vendor identification, evaluation and selection for the category.
Business
Planning & Category Management:•
Develop comprehensive business plans that are
consistent with the company's overall goals and strategies.
•Category SWOT
analysis vis a vis competition and assess market opportunity for the his/her category.
•Monitor & review the performance of category
business plans by using appropriate scorecard
•Oversee the
category management with the objective of maximizing sales and profits
•Plan and approve
the merchandising budget for the category
•Discuss, decide and freeze the merchandise plans (pricing, promotion and
assortment) and ensure effective in season management
Product, Trend & Market Research
•Keep abreast of
the latest trends in buying and assess realign the existing processes
•Identify and
leverage alternate buying opportunities to source products and to ensure that
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
Vendor Management
•Develop an
adequate vendor base for the company through attending Fair & Exhibitions
•Build and
maintain relationships with vendors and suppliers and negotiate the best deals
with them for procuring merchandise
•Maintain contact
with vendors; update 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
the 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 new 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 agreement with the vendor that maximize profit
and positively contribute to cash flow
Market & Competition study
•Market &
competition study in categories he is responsible and suggests new product
ranges accordingly
Skill:
•3-5 years of
relevant experience from buying (Furniture preferably) & from Retail
industry
•Good knowledge of
Furniture category
•Knowledge in
Retail planning & Merchandising is must with Strong Analytical skills
•Must be from
design background (Ex: NIFT)
•Vendor management
& Strong negotiation skill
•Planning
and organizing skills
•Commercial
business acumen
•Market research
& Competition study


Retail

Buying / Purchase / Procurement / Vendor Management

Desired Candidate Profile


Keywords

Buyer - Furniture (Bedroom)

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Landmark Gulf Group


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