Buying and Product manager (Fashion retail)

8 - 12 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

The Chief Manager - Product & Buying (Fashion Retail Brand) position based in Gurgaon requires a candidate with at least 8 years of experience in Buying and OTB Planning within the Fashion/Apparel/Retail industry. The ideal candidate should hold a Graduation/Post Graduation degree in Fashion Management. The primary responsibility of this role is to develop BU Range plans encompassing bottom-up Sales and Buy plans at BU, Department, and Range levels while incorporating margin targets. It involves creating a Net Margin action plan with defined timelines to achieve targeted Net Margins at the BU and department level by enhancing Gross Margins, cost savings, and COR management. Additionally, the role involves managing the catalogue offering across Retail, Marketplace, and Website platforms. Key deliverables of this role include collaborating with the General Manager B&M to consider market risks, opportunities, and fashion trends for BU financial planning. The candidate will work closely with designers, sourcing teams, and the UK Buying team to develop product briefs aligned with the BU Strategy. It is essential to curate structured ranges for different store grades and types to provide customers with optimal choices while ensuring profitable returns per square foot. The role also requires accurate phasing of sales, stock, margin, and intake plans by week, considering market trends and new store openings. Furthermore, the Chief Manager will be responsible for proactive trading to maximize profitability by balancing risks and opportunities. Effective communication and planning with Merchandisers, Marketing, and Retail teams are crucial to uphold the Brand promise through customer experience. Setting clear objectives for the team, managing performance, and driving operational efficiency are key aspects of the role. Maintaining positive relationships with business functions, ensuring compliance with company policies, and promoting brand values are essential responsibilities. Interested candidates can apply by sending an updated resume detailing current salary and notice period to Satish via email at 88O2749743 or through the company website at www.glansolutions.com. Key Skills required for this role include Buying and Product management, OTB Planning, Range Planning, and Fashion retail expertise.,

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