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Head of Buying

4 months ago

Dubai, United Arab Emirates Al-Futtaim Full time

What You Will Do

Your success will be measured by delivering the buying and sales plan, implementing effective succession planning, formulating business unit strategy, utilizing prompt data and AI for optimal product placement, and launching brand propositions effectively by:

  • Shaping Customer Vision:

Formulating an annual business plan that aligns with customer preferences.

Constantly seeking business opportunities to increase Sales and Cash Margin.

  • Sales and OTB Planning:

Leading and managing Senior Merchandizers in planning appropriate Sales, Cash Margin, and Space.

Ensuring effective OTB planning and e-Commerce Buy.

  • Range Detail Planning:

Defining and communicating the strategy for the Core Template to drive Core Availability.

Overseeing Core Stock, Fashion Newness, and controlled Markdown Spend.

  • Product Selection:

Planning, managing, and leading the team for the UK Buying Fairs.

Implementing a strategic buying approach and optimizing market opportunities.

  • Trade:

Guiding and leading the Senior Merchandising team in utilizing trade planning tools.

Ensuring effective communication and execution of promotional strategies.

  • Market Awareness:

Establishing market awareness by monitoring competitor performance and trends.

Engaging in quarterly comp shops and market visits to drive a competitive price position.

  • Stakeholder Engagement:

Building strong relationships with Finance, M&S Operations Team, VM Team, and Marketing Team.

Engaging with key stakeholders to drive BU objectives and conducting engaging seasonal briefs.

  • Leading People:

Engaging the team with relevant objectives and providing continuous feedback and development opportunities.

Role modeling Al-Futtaim Way Behaviors and M&S Values, ensuring a high engagement score and succession plan.

Candidate Profile:

Qualifications and Experience:

  • Minimum 10 years' experience in Fashion Buying and Merchandising.
  • Generalist retail experience in both clothing and home retail.
  • Strong brand principles and collaboration skills.
  • Experience in people succession planning.
  • Understanding of customer market demographics.

Key Competencies and Soft Skills:

  • Proven leadership and team management in a retail merchandising environment.
  • Strategic thinker with a track record of achieving KPIs.
  • Cultural alignment with Marks and Spencer's values.
  • Ability to navigate commercial trading complexities.