Location: Mumbai.
Experience : Minimum 7 years experience into Buying and Merchandising.
Must have experience with Marketplaces.
Must have experience in Women's Western Wear.
Roles and Responsibilities:
- Assortment planning : Seasonal range plan creation basis projected sales , category mix projections and MRP plans.
- Selecting and purchasing merchandise: Analyse and understand platform requirements basis season, understand customers and market requirements and align to site / platform goals.
- Brand & Product Enhancement: Cohesively create distinctive Products, controlled Product Quality, Option Width creating high impact with higher levels of product enhancement thus creating a competitive edge over Platform like to like brands.
- Analyzing market trends: Continuous research on market & competition to identify trends, consumer preferences, and competitive pricing.
- Negotiating with suppliers: Evaluate supplier options based on price, quality, and other factors working closely with the Sourcing / merchandising teams.
- Work closely with the sampling units and sampling master to challenge efficient fabric and trims consumption to be able to meet target intake margins.
- Managing inventory levels: Adherence to Open to buy plans and Buying /sales targets.
- Control stock inflow with On time order fulfillment.
- Monthly mapping against set intake target.
- Forecasting consumer trends: Buyers use data analysis and forecasting techniques to predict consumer trends.
- Checking product quality: Buyers evaluate the quality and popularity of products already on the shelves.
- Developing an effective purchase order system: Buyers create a system for monitoring purchase orders close adherence to OTB.
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