Business Manager

2 weeks ago


Dubai, United Arab Emirates Max Concept Full time

POSITION DESCRIPTION DOCUMENT

BASIC INFORMATION

Position Title

Business Manager - Kidswear Boys

Job Family

Buying & Merchandising

Function / Department

Buying

POSITION DETAILS

To be filled up as per the requirement of the business / unit / function / concept / territory

Grade

Reporting To

Buying Head

Corporate/Concept/Territory

Concept

Concept Name

(If Applicable)

Max Fashions

LOCATION DETAILS

Please mention the correct office location of the position selected above and fill in the other geographic details

Base Location (City)

Dubai

Country

UAE

POSITION OBJECTIVE

The job holder will be responsible for developing product strategy and strategic buying plans for delivering the sales & profit targets for the assigned group/department. The job holder will also be responsible for ensuring smooth buying operations through vendor identification, evaluation and selection, in compliance with the contract principles, as well as effective people management to achieve the strategic and financial objectives of the group/department

DO — Key Responsibilities

1.

Product development & Range building

Build & communicate product (multi-product) strategy per season and long-term

Build Strong understanding of trend & customer with an ability to commercially adapt the fashion for fast turn-around

Improve department efficiency by proactively taking measures to reduce time, cost, identify & resolve issues

Working with planning, design, marketing E-commerce, VM, sourcing, quality and retail teams to ensure right product, at right time, in right quantity and in right store is placed in the most effective manner.

Liaising with Apparel/non-apparel teams to ensure a wholistic and coherent product proposition for customers

Overseeing the range plan for ensuring relevance and cost effectiveness

2.

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 function head

Responsible for sales & profit targets by ensuring timely procurement of merchandise & effective stock control (through working closely with planning/logistics/retail/sourcing on budgeting, mark-down,In take margin, OTB management, in-store, etc)

Ensuring that entire buying strategy is as per the buying budget with approporiate phasing and coherent with size of the buying

Responsible for entire Critical path process management starting from Merchandise strategy meetings to order placement to ensure quality and timeliness of all Critical path milestones

3.

Order & Vendor Management

Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise

Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end users

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

Provide inputs to sourcing department for group/department sourcing strategy

Ensure department compliance to product requirement, company processes etc in collaboration with sourcing

Ensure critical path milestones are met & reduce exceptions

4.

Market Research and Competitor Benchmarking

Conduct regular store visits in own stores across territories for feedback and in competiition stores in our markets to benchmark product range, quality and pricing.

Gather information from Industry trade groups or through trade shows/market visits

Drive better customer understanding through store/online surveys, focus group meetings & loyalty program analysis

5

People Management

Develop and grow talent within Department and Support team by providing consistent direction and support to achieve stretch targets and take leadership positions

Retain and engage the talent employed and build a collaborative and high performance team

Enhance team productivity through recognition,skills development and coaching

Ensure objective periodic administration of the performance appraisal process followed by monitoring of feedback implementation for the team

DISPLAY

QUALIFICATION

Basic Qualification / Education / Vocational Training

Bachelor's Degree/Post graduation in Fashion Designing/ têxtile engineering/ Economics or MBA

EXPERIENCE

Minimum Experience

14-16 years of experience in retail industry and minimum 2-4 years in a similar role. Experience in purchasing and importing products from far eastern regions is an advantage

COMPETECIES

Skills and Capabilities

**Must Have**:
Strong product knowledge in related category/department

Strong customer and trend understanding

Advanced retail analytical skills

Strong sourcing and range building skills



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