Buyer - Decor
Buyer - Decor
Develop strategic buying plans for the assigned department/category. 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.
Responsibilities Plan, identify and select new range of products and review the existing ones. Analyze consumer buying patterns and predict future trends. Analyze customer demand, price, quality and availability. Maintain relationships with existing suppliers and source new suppliers for future products. Liaise with stores and territories to ensure supply meets demand and right product ranges are assigned in respective stores and territories. Support in the seasonal budget keeping in mind past performance, current trends and future events that may impact the business. Negotiate products for the assigned subgroups at the lowest possible price and with the most viable commercial terms. Partner with the Merchandise Planner to manage and control inventory levels, stock replenishment and delivery objectives. Review existing items to ensure products remain competitive. Provide a commercially viable range of merchandise at competitive prices. Keep up to date with market trends and react to changes in demand. Analyze market reports and strategize plans for the stores, then present ideas to senior management. Create promotional plans in conjunction with marketing. Conduct market visits for R & D both internationally and within territories. Attend trade fairs each season to assess trends and stay abreast of the current market scenario. Travel and meet suppliers each season and place orders to get timely deliveries. Train and mentor junior staff. Job Specifications Ability to thrive in a high growth, entrepreneurial and ambiguous environment. Strong analytical, commercial, and problem‑solving skills, with a “hands‑on” attitude and a focus on fast execution. Good sense for trends, creativity and a thorough understanding of customer needs. Strong communication skills and ability to clearly communicate with different stakeholders. Ability to prioritize tasks and balance immediate and long‑term needs of the business while retaining agility to pivot as needed. Ability to recognize a new trend, item, look, technique early in its life‑cycle and deliver quickly. Fashion Graduate. 6‑8 years of product development and sourcing experience, preferably for furniture and home‑furnishing products. NIFT and Pearl Institute preferred. #J-18808-Ljbffr