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Capt Vinayak

Partner at Aambridge

Last Login: 14 June 2016

Job Views:  
5569
Applications:  138
Recruiter’s Activity:  90

Job Code

336323

Buyer Role - Retail

4 - 17 Years.Mumbai
Posted 7 years ago
Posted 7 years ago

Job Title : Buyer

Job Purpose - To ensure Gross Margin and drive revenues for the brand by selection of right products at right price

I spend - 30% of my time preparing the range plan for the season buy for individual stores, based on future trends and competition mapping.

- 30% of my time analyzing data on sale through of each category, store wise and gross margins based on store performance.

- 15% of my time working with supply chain and logistics team to ensure the product has reached intended destinations.

- 15% of my time will be made towards education of the key retail operations stakeholders about the range during a season launch

- 10% support business head in budgets and P&L related tracking

I know I have done a great job if :

- The stores meet\exceed their monthly, quarterly, half yearly & yearly targets.

- The product sale gross margins exceed 50%

- Employees have been able to understand and present the features and benefits of the products to customers.

The people I need to work with Within function

- Business Head/Manager

- Visual Team

- Planning team Outside function

- Training Manager

- Marketing Manager

- Retail Operations

What is that I need to do : Building a Product Range

- Ensure the budget for buying process is being maintained as per O.T.B

- Make an in-depth range plan based on local customer's needs.

- The range plan should be collaborated with brand's season launch initiatives.

Attaining the Gross Margin targets

- Deciding on the right price for each category

- Configure the brand promotions within the budgeted gross margin targets.

- Optimizing the buying process based on different business channels.

People Development

- Organize the range presentations for key stakeholders and explain features and benefits for increasing customer engagements

- Organize product training in coordination with the training team.

Capabilities :

- Strong understanding of global trends

- Good economic sense with strong budgetary controls.

- Good energy levels - with ability to be involved in multiple tasks and ability to juggle.

- Good analytical skills.

- Effective listening and communications skills - simplify communication with ability to put the point across the board.

- Ability to see the larger picture - ability to zoom in & zoom out.

Experience: Minimum 3 years of experience of handling buying for the respectable multiple store.

Ability to understand and project the right Brand related ingredients

- Self-starter.

- Exceptional communicator and good at interpersonal skills.

Attitudes:

- Ability to juggle - Be the jack of all

- Self-motivated - Don't dream, obsess attitude

- Live the Brand DNA and ability to replicate it across stores - Look the part

- Believes in devil lies in detail

- Believes and delivers - Excellence

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Posted By

user_img

Capt Vinayak

Partner at Aambridge

Last Login: 14 June 2016

Job Views:  
5569
Applications:  138
Recruiter’s Activity:  90

Job Code

336323

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