Reliance Brands Limited - Lead Buyer

Job Role: Buyer

- OTB planning - seasonal buys

- Closely work with Designers for seasonal merchandise.

- Costings

- Market updates / Research

- Discounting Optimization

- Team Building & performance improvement

- Weekly & monthly Reporting

- Enable IT - to reduce manual work & error free

- Can work at 360degree with other departments for seasonal launches & other executions.

- 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

Roles and Responsibilities:

- 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 Though 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.