Reliance Brands - Buyer DM/Manager Buying : Role : - The Company's merchandise mix and assortments are constantly evolving as merchants and planners focus on what customers want to buy and respond by providing best of the products on a wider variety of name brand merchandise. - Incumbent is expected to drive &amp; maximize Sales &amp; Profitability in the business by providing effective Merchandise Strategies. Planning &amp; In Season management of Assortment &amp; Inventory by Stores/Region/Product Hierarchy to achieve or exceed Strategic Business Targets viz. Topline, Sell-Thru, Gross Margin, etc. He/she must have a keen eye to detail and decisions driven by customer needs Key Responsibilities : - Sales Strategy - Prepare the Seasonal/Annual Operating Plan for all channels of Sales basis Historical sales data, LFL/New Store Growth, Planned Inventory Cover, Markdown / Liquidation Strategy - Align the Sales Strategy with all Business Stakeholders (Finance, Planning, Operations/store teams, SCM, etc.) - Cascade the strategy at each level of product hierarchy (Division/Department/Class/Sub-Class) - Prepare &amp; communicate Marketing/Promotion Calendar for the season Supplier Strategy - Competition &amp; Novelty Research To check availability of all Major New Launches &amp; Competitor Offering in the market - Sourcing &amp; negotiating with new vendors with respect to Terms of Trading (Product Cost, Delivery Terms, Lead Time, Payment Terms, etc.) - On-boarding of New vendors as per planned contribution to sales strategy in alignment with right category mix Price &amp; Margin Strategy - Review/re-create margin strategy as per new targets for the season/year - Prepare/review pricing of existing product range into Pricing buckets (Low Level Pricing, Mid-Level Pricing &amp; High Level Pricing) as per market trends, Inflation, change in taxes/duties, Terms of Trade, Miscellaneous costs, etc. - Plan the price range of new Product as per competition mapping to achieve desired margins o Deliver Budgeted Gross Margin Assortment/Option Strategy - Develop Options/assortment as per OTB of each Category Mix to place buys of the season o Ensure Optimum width and depth of Import merchandise to Cover Sales as well as Display plan o Standard Assortment of SKUs as per the store format &amp; grading - Create &amp; maintain an Active product launch calendar, 3 Exclusive launches each quarter, Tie Ups with vendors for sourcing of locally available/developable products, negotiate on pricing &amp; benchmarking with competitor offerings Additional Responsibilities - Manage Business KPIs such as GMROI, GMROF, Vendor Fill Rate, Inventory Management, Sell Through Management, etc. - Prepare &amp; review various Business Reports - Data Analysis basis which provide feedback to relevant stakeholders and ensure effective coordination with other department - Schedule Product Training as per requirement as well as for every New Launch - Coordinate with the Commercial/Accounts Payable team to ensure smooth &amp; timely payment to vendors - New Store Initial Planning/Fill Management - Develop/Coordinate/Implement new or improved System integration &amp; Automation of Order Management Portal, Daily Sales Reports, CXO Dashboard, Vendor Portals, etc. Desired Skills and Abilities : - Superior understanding of Indian retailing and global trends Strong product knowledge &amp; decision making skills Multi-tasking ability with strong Communication and Time Management skills Strong Analytical &amp; Negotiation skills Ability to build and nurture multiple internal and external (vendor-partner) relationship Good planning and execution skills - Education &amp; Experience Required : PG in Retail Management/Fashion Management from a reputed business or fashion institute 5-8 years of experience in similar role of Buying of a similar category Strong Product knowledge of the Category/Brand Preferred Industries Organized Fashion Retailers/Ecommerce companies

Mumbai

 Reliance Brands - Buyer 

 Reliance Brands - Buyer  ,Job Description for  Reliance Brands - Buyer  in Leadership Hiring in  Mumbai for (5-8) years of experience. Apply Now!

Job Description for  Reliance Brands - Buyer  in Leadership Hiring in  Mumbai for (5-8) years of experience. Apply Now!