Assistant Manager/Manager - Buyer - Luxury Retail Firm

About the company :

Its a luxury retail firm and has aggressive plans to built a strong presence in the luxury retail sector in India, spanning across various segments such as apparel, shoes, accessories, jewellery etc.

Job Title : Assistant Manager/Manager- Buying

Job Purpose :

- To manage product and pricing strategy with a keen eye on customer needs and future fashion trends

- Driving sales by ensuring the right product mix by efficient planning and monitoring

- Gross Margin enrichment through pricing

- Inventory control through monthly inventory analysis

I spend :

Merchandising Strategy :

- To devise a buy plan post product performance review and inventory turn.

- Option wise pricing in line with budgeted multiples and pricing strategy with planning team.

Order Management:

- Place season buys in line with OTB.

- Co-ordinate product launch and shipments with HQ

Define launch plan at stores :

- Gross Margin Management

- Product pricing strategy to manage budgeted multiples

- Optimizing Logistics cost

- Discount budget management

Sell Through Management :

- Though best seller management, planning stock rotation and restricting loss of sale.

- Partner Management

- Relationship management with all partners - Brand partners, e commerce and third party

Product training :

- Product knowledge as per mystery shopping parameters.

- Product training to stores.

Experience :

- 5-8 years of experience in Fashion Retail in the Buying/Merchandising function

- Demonstrate strong business understanding with flair for fashion retailing.

- Self-starter.

- Exceptional communicator and good at interpersonal skills

The people I need to work with Within function :

- Buying Head

- Business Manager/Head

- Store staff Outside function

- Training Manager

- Retail Operations

- Visual merchandiser