Buyer is to be responsible for all issues related to buying merchandise and coordinating with vendors for the designated departments. It involves focusing on finding the best resources at the best prices to ensure that product is higher in quality &cost effective for their respective brands.Key deliverables for the position are as following:To contribute to the development of the divisional Buying and Merchandising strategy and to work within this strategy at all times.To work with merchandising team to ensure that all deliveries satisfy the assigned purchase orders.Identify possible future product offerings by conducting thorough research about what customers are looking for next and the technological trends that are coming up.Plan pricing strategies on various product lines with the marketing department and management and aim to reach an agreement with suppliers that allow for optimal pricing.Developing and sourcing the right product at the right time to meet customer requirementsMaximizing current sourcing channels and identifying new opportunitiesSupporting negotiations and working with supply base to ensure that best costs and margins are achievedWorking closely with Designers on developing styles; design research trips, fabric & print advice and informing best sellers for move-on styles.Working closely with Merchandising; management of stock, style options, quantities, promotions and markdowns.Keeping a track of Competitor’s activities through market research activities to track understand trends, forecasting, in terms of color, fabric etcProduct presentation, packaging and Product development and develop promotional plansReview and adjust the season plans and weekly plansProduct presentation, packaging and Product development and develop promotional plansVendor identification and developmentObtaining Range merchandise after effective negotiationTo work with Marketing and Design to develop Visual Merchandising promotions in line with theme and product launchesEnsures timely delivery of samples by vendorsSetting of standards for quality of merchandise with QAReconcile to store plans and fix departmental financial plansSupporting negotiations and working with supply base to ensure that best costs and margins are achievedWorking closely with Merchandising; management of stock, style options, quantities, promotions and markdowns.To conduct the annual review of supplier performance with QA.To pursue and recover all money due from vendors as a result of performance penalties or markdown and promotional contributions.To regularly update the front-end on key product benefitsQualifications and Education RequirementsGraduate/Diploma in design/apparel merchandising, NIFT (GMT/FD/Textile /KDT/D&D), Pearl academy (IFTP)
Job Title
Buyer-Menswear-Intune