Department Store Buyer

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Al Fattan Properties

Dubai

AED 60,000 - 120,000

Be among the first applicants.

Yesterday

Job description

The Department Store Buyer is responsible for sourcing, selecting, and purchasing merchandise across multiple categories, ensuring the right product mix to drive sales and profitability. This role involves analyzing market trends, negotiating with suppliers, managing inventory levels, and ensuring that the department store remains competitive and aligned with customer preferences.

Key Responsibilities:

Product Selection & Procurement:

Source and purchase merchandise across various categories (fashion, electronics, home goods, cosmetics, etc.).
Ensure a well-balanced product assortment that aligns with customer demand and brand positioning.
Evaluate product quality, pricing, and supplier reliability before finalizing purchases.

Supplier & Vendor Management:

Build and maintain strong relationships with local and international suppliers.
Negotiate the best terms for pricing, discounts, payment terms, and exclusivity agreements.
Monitor supplier performance, ensuring timely deliveries and adherence to quality standards.

Inventory & Sales Performance Management:

Analyze sales data, customer preferences, and market trends to optimize stock levels.
Work closely with store managers to ensure fast-moving items are restocked and slow-moving items are managed efficiently.
Coordinate with logistics and warehouse teams to ensure smooth supply chain operations.

Market Research & Trend Analysis:

Stay updated on industry trends, seasonal demands, and emerging customer preferences.
Monitor competitor pricing and product strategies to maintain a competitive edge.
Identify new product opportunities and recommend changes in the store’s assortment.

Pricing & Profitability:

Set competitive pricing strategies to maximize profit margins.
Work with finance and sales teams to achieve revenue and profit targets.
Identify cost-saving opportunities while maintaining product quality and variety.

Compliance & Brand Alignment:

Ensure all purchased products comply with local regulations and safety standards.
Maintain consistency with the department store’s brand image and positioning.
Implement ethical sourcing practices and sustainability initiatives where applicable.

Qualifications & Skills:

Bachelor’s degree in Business, Merchandising, Supply Chain, or a related field.
3-5 years of experience in retail buying, preferably in a department store or multi-category retail environment.
Strong negotiation and supplier management skills.
Knowledge of category management, product pricing, and inventory planning.
Proficiency in ERP systems and retail analytics tools.
Excellent analytical, problem-solving, and decision-making abilities.
Strong communication and interpersonal skills.