Head Buyer

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-a-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 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 plans 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 Yrs 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.