OnePoint HR and Management Consultants

Job Detail

Buyer cum Merchandising Manager (Men’s, Women & Kids wear) Buyer cum Merchandising Manager (Men’s, Women & Kids wear) Others

 

 

 

 

 

 
Buying Budget and Planning
 
Determine buying requirements and formulate buying plan and budget for the assigned department/category
Align the buying plan to the overall department/category business plan and the merchandize strategy as laid down by the department/ category manager
Help meet the profit targets by ensuring timely procurement of the department/category Merchandise
Pursue cost reduction measures through  centralized bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process
 
Vendor Management
 
Develop an adequate vendor base for the concept through active scouting and negotiation / renegotiation
Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end users
Identify, evaluate and select appropriate vendor mix to achieve business objectives
 
Order Management
 
Place orders based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement
Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow
Track the merchandise transportation from supplier to distribution centre and ensure smooth flow of goods
Follow the reverse logistics guidelines to send the faulty / damaged goods back to the vendor
 
Vendor and Product Research
 
Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation
Ensure effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data
Keep abreast of the latest trends in buying and discuss the same with the department/category Manager from time to time to assess realignment of existing processes
Gather information from Industry trade groups or through trade shows/market visits  
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