Senior Buyer
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الوصف الوظيفي Buying Budget and Planning • Determine buying requirements and formulate buying plan and budget for the assigned department/category • Align the buying plan to the overall department/ category business plan and the merchandize strategy as laid down by the Functional head • Manage the category/ brand management with the objective of maximizing sales and profits • Help meet the profit targets by ensuring timely procurement of the department/ category Merchandise • Pursue cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process. Category/ Brand Management • Ensure growth in the sales and gross margins for the assigned categories/ brands by driving focus on individual categories/ brands • Assist Functional head in planning the buying budget for the category/ brand Assist the Functional head in overseeing overall category/ brand plans in the areas of pricing, promotion, assortment and allocation for each category/ brand • Assist the Functional head in reviewing the performance of category/ brand business plans by using appropriate scorecard for measuring category/ brand performance • Ensure collaboration between category/ brand managers to leverage efficiencies in procurement, transportation, warehousing and store operations Maintain relationships with key vendors who are critical for the long term success of the business Vendor Management • Develop an adequate vendor base for the concept through active scouting and negotiation / renegotiation Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise • Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and brochures regarding potential products and vendor capabilities and confer with end users • Identify, evaluate and select appropriate vendor mix to achieve business objectives. Order Management • Work with the planning team on demand estimation and ordering based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement • Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow • Track the merchandise transportation from supplier to landmark distribution centre and ensure smooth flow of goods • Follow the reverse logistics guidelines to send the faulty / damaged goods back to the vendor. Vendor and Product Research • Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation • Ensure effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data • Keep abreast of the latest trends in buying and discuss the same with the department Head/category Manager from time to time to assess realignment of existing processes Gather information from Industry trade groups or through trade shows/market visits. Inventory Management • Review and analyze stock / sales reports on daily basis and understand the top sellers in each department / category / group. • Work with merchandise planners to monitor inventory and ensuring sufficient stock holdings for each product / category / group / department. • Review all GRNs after 45 days and taking a decision of reorder / review date. • To monitor the stock at Central Warehouse at Jebel Ali if any. Effectively deal with fast / slow moving items / ranges and end of ranges and take corrective action on timely basis. Merchandising Standards • To constantly monitor the stores and to ensure that the planogram given is implemented strictly. • To periodically visit the market and survey competitors for new / better ideas for merchandising and to bring about improvement in the merchandising standards. • Conducting competitor analysis and market review on periodic basis to understand the trends and to develop products in tune with the same. Competitor Survey (R&D;) • To visit our competitors who carry same range of products, study their designs, color, price & compare with Lifestyle products. Constant research on new products and develop the same with our existing suppliers المهارات تفاصيل الوظيفة https://www.bayt.com/ar/saudi-arabia/jobs/senior-buyer-4633557/ |
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