Buyer

Company Overview

Job Overview

Qualifications And Skills

• Minimum 4 to 6 years of experience in Lingerie buying or merchandising roles within the retail industry, with a focus on fashion and lifestyle products.
• Strong expertise in category planning (Mandatory skill), capable of devising product mix strategies to maximize store profitability and meet customer demand.
• Proven experience in vendor management (Mandatory skill), including evaluating, negotiating, and securing preferred supplier agreements to ensure best-in-class product sourcing.
• Demonstrated ability in fashion buying, encompassing trend identification, assortment planning, and supporting seasonal selections in a dynamic retail environment.
• Hands-on skills in inventory management, adept at monitoring stock levels, executing replenishment plans, and minimizing overstock or shortages.
• Proficiency in sales tracking to evaluate product performance, supporting data-driven decisions for optimizing assortment and sales growth.
• Strong expertise in market and trend analysis to identify emerging opportunities and make timely merchandising recommendations to maintain a competitive edge.
• Effective negotiation skills, including contract terms, pricing, and delivery schedules, to maximize cost savings and value for Reliance Retail.
  

Roles And Responsibilities

• Develop and execute category plans aligned with Reliance Retail's goals, ensuring optimal product assortment and positioning for the assigned category.
• Source, evaluate, and onboard new vendors while maintaining productive long-term vendor partnerships to meet quality and cost parameters.
• Analyze sales performance and inventory levels to adjust buying strategies, address slow-moving items, and capitalize on best-sellers for improved profitability.
• Conduct regular market and competitor analysis to identify trends, assess product demand, and seize growth opportunities in fashion and lifestyle segments.
• Negotiate terms and agreements with vendors, securing the best prices, discounts, and delivery conditions to ensure sustained supply and cost efficiency.
• Collaborate with marketing, operations, and visual merchandising teams to launch new collections, promotions, and support in-store execution.
• Monitor supplier performance, address quality or delivery issues promptly, and ensure strict adherence to Reliance Retail's procurement policies and standards.
• Prepare periodic reports and present insights on buying performance, stock status, and future category expansion plans to senior management.