Buyer - Decor

Buyer - Decor

Develop strategic buying plans for the assigned department/category. Ensure smooth buying operations through vendor identification, evaluation, and selection, in compliance with the contract principles to achieve the strategic and financial objectives of the concept

Responsibilities for Internal Candidates

• Key Responsibilities

• Plan, Identify and select new range of products and review the existing ones
• Analyze consumer buying patterns and predicting future trends
• Analyze customer demand, price, quality and availability
• Maintain relationships with existing suppliers and source new suppliers for future products
• Liaise with stores and territories to ensure supply meets demand and right product ranges are assigned in respective stores and territories
• Support in the seasonal budget keeping in mind past performance, current trends and future events that may impact the business
• Negotiate products for the assigned subgroups at the lowest possible price and with the most viable commercial terms
• Partner with the Merchandise Planner to manage and control inventory levels, stock replenishment and delivery objectives
• Review existing items to ensure products remain competitive
• Provide a commercially viable range of merchandise at competitive prices
• Keep up to date with market trends and react to changes in demand
• Analyzing market reports and strategizing plans for the stores, then presenting ideas to senior management
• Create promotional plans in conjunction with marketing
• Conduct market visits for R & D both International and within territories
• Attend Trade fairs every season in order to assess trends and be abreast with the current market scenario
• Travel and meet Suppliers every season and place orders to get timely deliveries
• Train and mentor junior staff

1. Job Specifications

• Ability to thrive in a high growth, entrepreneurial and ambiguous environment
• Strong analytical, commercial, and problem-solving skills, with a “hands-on” attitude and a focus on fast execution
• Good sense for trends, creativity and a thorough understanding of customer needs
• Strong communication skills and ability to clearly communicate with different stakeholders
• Ability to prioritize tasks and to balance immediate and long term needs of the business while retaining agility to pivot as needed
• Ability to recognize a new trend, item, look, technique, early in its life-cycle and deliver quickly Fashion Graduate
• 6-8 years of product development and sourcing experience, for furniture and home furnishing products preferred. NIFT , Pearl Institute preffered .