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 merchandise strategy as laid down by the department/ category manager
- 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
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 literature regarding potential products and vendor capabilities and confer with end users
- Identify, evaluate and select appropriate vendor mix to achieve business objectives
Order Management
- Place orders 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/category Manager from time to time to assess realignment of existing processes
- Gather information from Industry trade groups or through trade shows/market visits
Skills - Good Knowledge of Buying processes
- Good Knowledge of Retail brands
- Planning and organising skills
- Attention to detail and ability to multitask
- Excellent communication skills
- Good presentation skills and a passion for retail
Job Details Job Location Dubai, United Arab Emirates
Company Industry
--
Company Type
Employer (Private Sector)
Job Role --
Employment Type
Full Time Employee
Monthly Salary Range
Unspecified
Number of Vacancies
1
Job Ref.
JB3827018
Preferred Candidate
Career Level
Mid Career
Years of Experience Min: 6 Max: 10
Degree
Bachelor's degree / higher diploma
People who applied to this job also applied to
Home Centre Dubai, UAE
Home Centre Dubai, UAE
Landmark International Dubai, UAE
Business Functions Dubai, UAE
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Job Title Buyer - Clothing Essentials
Company Name
People who applied to this job also applied to
Home Centre Dubai, UAE
Home Centre Dubai, UAE
Landmark International Dubai, UAE
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