Head Buyer
Homeware Furniture
Dubai UAE
Summary: We are looking for a head buyer for one of clients in the homeware segment based in Dubai.
Responsibilities:
- Business Planning & Budgeting
- Participate in the annual business planning and provide inputs to the CEO and the rest of the Top management team
- Create the overall product Design and merchandizing strategy for the Concept
- Analyze Concept strengths weaknesses opportunities and threats vis a vis competition and assess market opportunity
- Oversee the category/brand management with the objective of maximizing sales and profits
- Plan and approve the merchandising budget for the category/bran
- Category & Brand Management
- Develop comprehensive category/brand business plans that are consistent with the companys overall goals and strategies
- Ensure growth in the sales and gross margins by driving focus on categories
- Plan and approve the buying budget for the category
- Oversee overall category plans in the areas of pricing promotion assortment and allocations.
- Monitor and review the performance of category business plans by using appropriate scorecard
- Ensure collaboration between Buyers & other Departments 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
- Product Design
- Ensure all design and development activities are carried out within budget and are related to market Trends/demands company image and business strategy
- Supervise design and development plan with specifications on product features functions packaging and resource requirement across categories
- Overseeing all design projects from conception to delivery.
4. Merchandise Planning
- Supervise the merchandise planning process and all other parameters used for merchandise analytics
- Oversee planning of merchandise requirements by setting sourcing triggers based on actual sales sales forecasts company order parameters inventory checks forth coming events replenishment needs etc
- Discuss decide and freeze the merchandise plans (pricing promotion and assortment) and ensure effective in season management
- Review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
5.Quality Control
- Supervise formulation of the quality control process steps and manual
- Ensure the merchandise procured and received meets the quality standards.
Qualification Experience and Skills
Qualification: NIFT PG MBA in Business Management (Premier B School Preferred)
Experience: Min. 10 Yrs experience in Retail with Buying Merchandise Planning Supply Chain and Inventory.
Skills:
- Knowledge of Retail Industry and homeware products
- Knowledge of MS Office
- Planning and organising skills
- Analytical skills
- Team Management
- Stakeholders Management