Summary
Landmark Group is seeking a Buying Manager for its home retail business in Dubai. The role involves developing category business plans, managing sales and gross margins, and planning merchandise across pricing, promotions and assortment. The manager will use sales trends and customer research to guide category decisions, oversee in-season stock and markdowns, and work with design and planning teams to meet budgets and quality standards. Applicants should be graduates or postgraduates with 10+ years of relevant experience in the home retail industry.
The posting
As published on landmarkgroup.com. Pulled from the employer's site and shown as they wrote it.
ROLE PROFILE / RESPONSIBILITIES
1. Category Growth and Profitability
Drive sales from the assigned category by developing comprehensive category business plans
Drive and monitor gross margins for the category and ensure alignment with the organization’s position, business plan and budgets.
2. Category Merchandise Planning
Prepare annual plans for the assigned category and provide inputs to the Merchandising Development and Buying Head to assist in creation of overall merchandizing budget
Study trends from historical data around product category sales and market research to assist in the overall planning process
Ensure adherence to financial plan in all key areas - sales, markdowns, margin & average inventory
Discuss, decide and freeze the merchandise plans (pricing, promotion, assortment etc.) for the category with the Merchandise Planning department
Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)
3. Category Design and Quality
Ensure optimum utilization of customer research information to guide category management decisions, including decisions on the introduction of new products, product assortment, shelf layout, promotion and pricing of products in the store
Formulate design and development plan in consultation with the Design Head with specifications on product features, functions, packaging and resource requirement across categories
Ensure all design and development activities are carried out within budget
Ensure the merchandise procured and received meets the quality standards
4. Order and Vendor Management
Create an adequate vendor base for the organization through active scouting and negotiation / renegotiation
Responsibilities
Qualification :
Post graduate or Graduate, 10+ years’ of relevant experience in the Home Retail Industry.