Buying - Business Manager

Job Description

Role & responsibilities Develop the Annual strategy (business plan) and review for the category Buy, range and manage the category based on the demands and expectations of our customers Prepare the annual category budget with Finance Input Ensure fair, consistent and competitive pricing on all merchandise Create and execute Demand Generation and other marketing activities for stores and Dotcom. Devise plans for NPI and execution across all platforms. Achieve category Sales and Gross Profit Budgets Monthly reporting and other review reports of category financial performance Monthly financial replanning Analysis and monitoring of market activities for threats and opportunities Identify and source new products and suppliers from both India and overseas. Also consolidate the number of suppliers for existing products where commercially appropriate Evaluate products to be ranged, de-ranged and present new products to the new line committee as required Negotiate and set up buyer contract and negotiate promotional plans and rebates with suppliers Manage the launch of new products into the market to ensure first to market for all critical new lines Respond to customer complaints regarding category products Ensure Buying process and policies are implemented with regards to pricing, recalling of stock, advertising and introduction on new lines Coach and mentor new members of the team so they are effective team members and understand their work function and responsibilities Preferred candidate profile 15-18 years Buying experience in organized retail sector High level of verbal and written communication skills Excellent Negotiation Skills Accurate numerical and analytical skills