Assistant Business Manager – Ladieswear Fashion (Buying Manager)
Job Description
Position - Assistant Business Manager Ladieswear Fashion
Reporting To - Buying Head
Location - Dubai
Department - Buying & Merchandising
Requirements - Candidate must have 14+ years of Buying experience, atleast 5-7 years in Ladieswear Fashion
Looking for candidates from UK, Europe, Spain, Poland, France, London etc. only
Objective
The job holder will be responsible for developing product strategy and strategic buying plans for delivering the sales & profit targets for the assigned group/department. The job holder will also be responsible for ensuring smooth buying operations through vendor identification, evaluation and selection, in compliance with the contract principles, as well as effective people management to achieve the strategic and financial objectives of the group/department.
Key Responsibilities- Product development & Range building
Build & communicate product (multi-product) strategy per season and long-term
Build Strong understanding of trend & customer with an ability to commercially adapt the fashion for fast turn-around
Improve department efficiency by proactively taking measures to reduce time, cost, identify & resolve issues
Working with planning, design, marketing E-commerce, VM, sourcing, quality and retail teams to ensure right product, at right time, in right quantity and in right store is placed in the most effective manner.
Liaising with Apparel/non-apparel teams to ensure a wholistic and coherent product proposition for customers
Overseeing the range plan for ensuring relevance and cost effectiveness- 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 function head
Responsible for sales & profit targets by ensuring timely procurement of merchandise & effective stock control (through working closely with planning/logistics/retail/sourcing on budgeting, mark-down,In take margin, OTB management, in-store, etc)
Ensuring that entire buying strategy is as per the buying budget with approporiate phasing and coherent with size of the buying
Responsible for entire Critical path process management starting from Merchandise strategy meetings to order placement to ensure quality and timeliness of all Critical path milestones- Order & Vendor Management
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- Market Research
- People Management