Senior Buyer

POSITION OBJECTIVE
- The position assists the Business Head to plan the product and assortment strategies that meets or exceeds financial goals
- Coordinate all the activities related to allocation and delivery of merchandise to all the stores in the region
- Assist in pre-season financial planning, in-season projections, open-to-buy management and new store budgets
- Ensure balanced collection at stores, regular replenishment from warehouse and inter-store transfers
Key Responsibilities
- Assist in merchandise plans for the category based on insights gained from merchandise mix, historical trends and future outlook projected by the brand
- Analyze store profile based on reports, including weeks of stock, merchandise sales blend, inventory by store grade
- Ensure effective in-season management (stock analysis and balancing, markdown management, stock vs. sale performance)
- Plan merchandise mix for each store and complete initial product allocation to stores and reserve management based on pre-distribution
- Finalize seasonal assortment plan and size run book in collaboration with Sr. Merchandiser
- Monitor the product line, pricing and developments of competitor brands
- Ensure the ageing standards are followed and the stock turns are maintained as per the company policy
- Manage margin negotiations, orders, stock distribution and product selection
- Monitor and analyze both, the best sellers and slow sellers and take appropriate actions
- Keep a track of actual sales vs sales forecasts, inventory checks, forth coming events and address the replenishment needs of the stores on day-to-day basis
- Perform regular store visits and competition analysis, in collaboration with the Brand Manager and communicate findings to the Brand