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Head Buyer

1 week ago

Dubai, Dubai, United Arab Emirates NicheHR LLP Full time
Head Buyer

Homeware Furniture

Dubai, 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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