Lifestyle Concept Hiring for Senior Buyer Job at Dubai Full Time

Senior Buyer

POSITION OBJECTIVE

The job holder will be responsible for developing strategic buying plans in consultation with the functional head for the assigned department/ category. The job holder will also 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

1.

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 Functional head

Manage the category/ brand management with the objective of maximizing sales and profits

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

2.

Category/ Brand Management

Ensure growth in the sales and gross margins for the assigned categories/ brands by driving focus on individual categories/ brands

Plan the buying budget for the category/ brand

Assist the Functional head in overseeing overall category/ brand plans in the areas of pricing, promotion, assortment and allocation for each category/ brand

Assist the Functional head in reviewing the performance of category/ brand business plans by using appropriate scorecard for measuring category/ brand performance

Ensure collaboration between category/ brand managers to leverage efficiencies in procurement, transportation, warehousing and store operations

Maintain relationships with key vendors who are critical for the long term success of the business

3.

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 brochures regarding potential products and vendor capabilities and confer with end users

Identify, evaluate and select appropriate vendor mix to achieve business objectives

4.

Order Management

Work with the planning team on demand estimation and ordering based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement

Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow

Track the merchandise transportation from supplier to Landmark distribution centre and ensure smooth flow of goods

Follow the reverse logistics guidelines to send the faulty / damaged goods back to the vendor

5.

Vendor and Product Research

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

Keep abreast of the latest trends in buying and discuss the same with the Department Head/ Category Manager from time to time to assess realignment of existing processes

Gather information from Industry trade groups or through trade shows/market visits.

6.

Merchandise Planning

Supervise the merchandise planning process and all other parameters used for merchandise analytics

Cordinate with Planning team for merchandise requirements by setting sourcing triggers based on actual sales, sales forecasts, company order parameters, inventory checks, forth coming events, replenishment needs etc

Discuss, decide and freeze the merchandise plans(pricing, promotion and assortment) and ensure effective in season management

Review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels

7.

Quality Control

Manage formulation of the quality control process steps and manual.

Ensure the merchandise procured and received meets the quality standards set by Lifestyle

8.

People Management

Develop talent within the team by providing consistent direction and support to achieve stretch targets and take leadership positions

Retain and engage the talent employed and build a collaborative and high performance team

Enhance team productivity through skills development through coaching and training

Ensure objective periodic administration of the performance appraisal process followed by monitoring of feedback implementation for the team

Qualifications

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Primary Location: AE-AE-United Arab Emirates

Work location/ موقع العمل: Landmark Tower – Dubai , , Dubai25030 25030

Job: Buying

Organization: Lifestyle Concept

Schedule label /الجدول الزمني: Regular

Shift: Standard

Job Type: Full-time

Day Job

Job Posting/نشر تسمية الوظيفة: Jul 11, 2022, 8:41:05 AM