Buyer - Menswear Off-price
Job description / Role
Employment: Full Time
Objective:
This position is responsible for ensuring effective brand positioning through strategic product selection that aligns with the target customer profile, while achieving gross margin goals and maintaining a healthy sell-through rate of 60% or higher.
Key responsibilities:
Product range:
- Support the development of brand strategies by understanding customer profiles and market positioning
- Plan category assortments based on historical performance, market trends, and future potential
- Establish seasonal purchase strategies in collaboration with the planning team, using data-driven insights
- Grade stores by format and country to differentiate product mixes for high-end and value-driven locations
- Develop procurement strategies for seasonal sales, grounded in product performance history
- Create pricing plans using perceptual pricing and market benchmarking
- Coordinate direct procurement with brand principals
Order management:
- Raise purchase orders in line with the buying plan to ensure on-time deliveries per SLAs
- Monitor in-transit inventory to ensure smooth supply chain movement from supplier to warehouse
Vendor management:
- Establish and sustain long-term relationships with suppliers to ensure fair deals
- Ensure on-time delivery of products and adhere to compliance with the contracts of purchase
Store management:
- Visit stores to ensure proper store display of product categories and to understand performing and non-performing goods
- Visit competitor stores to understand benchmarking and for inspiration
- Maintain weeks of cover, monitor stock levels, and plan purchases within budget
- Coach the store staff to gather product feedback and customer feedback on basic and key offerings ensuring growth and development
Competition knowledge:
- Stay up-to-date with local and global markets, as well as industry trends
- Be aware of competing brands and products' activities
Key KPIs:
Quantitative KPI- Gross margin target
- Sell through target
- Exclusive and NOS business
- Week of cover for particular category
- Stock ageing and stock turn
- Trend/Buy presentation
- Product training
- Understand market trend
- Able to grasp business requirement
- Influence brand to customize requirement
Desired experience:
- Bachelor's degree in fashion, retail management, or a related field from a recognized institute
- 2-3 years of relevant retail buying experience
- Proficient in MS Excel and PowerPoint
- Strong understanding of product strategy, vendor management, assortment planning, and trend analysis
- Knowledge of market research, data analysis, and forecasting techniques
About the Company
The Apparel Group is a global fashion and lifestyle brand conglomerate residing on the crossroads of a modern economy - Dubai, UAE. The mercurial growth in the last 17 years has been by acquiring a host of world class fashion labels from around the world - Nine West, Tommy Hilfiger, Kenneth Cole, Aldo & Tim Hortons just to name a few.
Today the group caters to thousands of eager shoppers through its over 1530 stores, 75 International brands and employing 12,000 multi cultural staff in over 4 continents. Apparel believes in turning dreams in to reality and we give everyone - our customers, our stakeholders, our employees - an equal opportunity to do so.
Apparel group has carved its strong presence not only in the UAE, Kuwait, Qatar, Bahrain, Oman, and Saudi Arabia but opened thriving gateways to market in India, South Africa, Poland, Singapore, Jordan, Indonesia, Thailand and Malaysia. Additionally, clear strategies are in place to enter emerging markets such as Hungary, Pakistan, Egypt and Philippines.
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