Head Buyer

7 days ago

Dubai, Dubai, United Arab Emirates NicheHR LLP Full time
Head BuyerHomeware FurnitureDubai, UAE

Summary: We are looking for a head buyer for one of our clients in the homeware segment based in Dubai.

Responsibilities:

  1. 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 merchandising strategy for the concept.
    • Analyze concept strengths, weaknesses, opportunities, and threats vis-à-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/brand.
  2. Category & Brand Management
    • Develop comprehensive category/brand business plans that are consistent with the company's 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 scorecards.
    • 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.
  3. 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 requirements across categories.
    • Oversee 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, forthcoming 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 years 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 organizing skills.
  • Analytical skills.
  • Team Management.
  • Stakeholders Management.
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