Buyer

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 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

Category Merchandise Planning

• Drive customer focused merchandise plans (pricing, promotion, assortment etc.) for the department to achieve sales and market share growth, and freeze associated plan with Merchandise Planning department

• 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