Beauty Buyer

3 months ago

Dubai, United Arab Emirates مجموعة الطاير Full time

**About Us**

As a leader in luxury retail in the Middle East, Al Tayer Group's retail division, Al Tayer Insignia, hosts a portfolio of some of the world’s best luxury brands in the fashion, jewellery, home and department store categories. Complementing its position in luxury retail, Al Tayer Insignia has also built new frontiers in lifestyle retail, representing leading brands in the Beauty, Home, Fashion and Hospitality sectors. Our brands include Bloomingdales, Harvey Nichols and Armani to name just a few

**About the Role**

To plan, project and identify the requirements of the products, purchasing the required quantities which meets customer needs thereby maximizing profits and providing a commercially viable range of products

**What You’ll Be Doing**

**Strategic Roles and Responsibilities**
- Analyze market trends, consumer preferences, sell through, seasonal demands etc to formulate a buying practice in line with consumer /store demands
- Plan and select the range, type, quality and quantity of merchandise according to customer demand, trends, store policies and set prices and sell through targets in conjunction with the Division Merchandise Manager/GMM to ensure they are in line with the budget
- Carry out purchasing activities in line with the brand purchase plans.
- Maintain profitable relationships with existing suppliers/principals, and monitor the adherence to the contract terms
- Monitor the stock levels in the stores; coordinate with planning team to maintain optimal stock levels in line with the consumer demand.
- Support the promotional activities in the store and ensure the merchandise is available in time and in right quantities. Receive and analyse reports on the activities and provide recommendations to the DMM when required.
- Support PR and Marketing teams by guiding and validating the selection of products to be included in planned campaign
- Keep abreast of market trends and awareness of competitor activities
- Negotiate with suppliers on provision of training for the concerned product. Manage the brand training of staff in the area to ensure that the product knowledge is up to date and that all staff are knowledgeable on new products/trends. Prepare regular trends training and deliver to the business units.
- Review buying feedback reports and monitor sales performance on weekly basis against set targets and provide recommendations to DMM as to buying strategy for a respective brand.
- Prepare periodic reports both for the business and as requested by principals analysing the sale turnover and consumer trends per product to arrive at a proposal to maintain/liquidate/dispose off the stocks in conjunction with Planning and/or continue/discontinue product lines.
- Conduct regular store visits in al markets to review brand performance and competitor activities

**People Management Roles and Responsibilities**

- Provide leadership and direction to subordinates towards the achievement of goals and objectives.
- Guide and motivate subordinates to enhance performance and produce quality work, and ensure that they are continuously developed for higher level roles

**About You**

**Education/Certification and Continued Education**
- University Degree in any discipline followed by qualification in Retailing or Retail Management/ Purchase/ Sales or related programs

Years of Experience
- Proven track record in the field of Buying & Retailing.
- Buying experience and expertise typically gained over a period of at least 5-8 years

Knowledge and Skills
- Excellent knowledge of Omni-channel retail business including commercial store operations as well as online trading.
- Strong knowledge of Buying function including OTB management, product category and assortment management, Budgeting & Forecast, product pricing, etc.
- Brand Management.
- Very strong negotiation skills.
- Project management skills.
- Proficient in MS office including PowerPoint and advanced Excel skills.
- Highly analytical; able to analyse complex sets of data; experience working with transactional and financial data and CRM analytics.

**Languages**
- English
- Arabic and French would be an advantage

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