Manager-Buying HH

POSITION OBJECTIVE

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

Key Responsibilities

Buying Budget and Planning

Determine buying requirements and formulate buying plan and budget for the assigned department/category

Align the buying plan to the overall department/category business plan and the merchandize strategy as laid down by the department/ category manager

Help meet the profit targets by ensuring timely procurement of the department/category Merchandise

Pursue cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process

Category Merchandise Planning

• Drive customer focused merchandise plans (pricing, promotion, assortment etc.) for the department to achieve sales and market share growth, and freeze associated plan with Merchandise Planning department

• Study trends from historical data around product category sales and market research to assist in the overall planning process

• Ensure adherence to financial plan in all key areas - sales, markdowns, margin & average inventory

Category Design and Quality

Ensure optimum utilization of customer and market research information to guide department decisions on the introduction of new products, product assortment, shelf layout, promotion and pricing of products in the store

Work with Quality to ensure that the merchandise procured and received meets the quality standards set by Home Centre

Vendor Management

Develop an adequate vendor base for the concept through active scouting and negotiation / renegotiation

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

EXPERIENCE

8-10 years relevant experience of which at least 6 years should have been in the retail industry (preferably Home Furnishing in a buying and merchandising role)

COMPETENCIES

• Good Knowledge of Buying processes
• Good Knowledge of Retail brands
• Planning and organising skills
• Good Analytical skills
• Networking skills
• Negotiation skills
• Attention to detail

Remote Work :

No