Job
Description
About Baazar Style Retail Ltd: Baazar Style Retail Ltd is one of India’s retail pioneers, operating 200+ stores across 9 states. We serve a vibrant community of Indian consumers by offering value-for-money products across fashion and general merchandise. We empower local communities and create employment across the country. Driven by the Indian consumption story, our mission is to provide innovative, affordable offerings tailored for every household. Style Baazar is not just a hypermarket—it’s a one-stop destination for quality, variety, and unbeatable prices. Know more : www.stylebaazar.in We are urgently looking for the position of Lead - Saree Buyer Role (Why position exists): Working in the capacity of Saree Buying Lead to develop competitive & sustainable category strategy for profitable growth, create the framework for smooth functioning of the category to attain maximum merchandising efficiency. Primary Responsibilities: • Should be executing timely customer demand analysis and market trends study to help decide to merchandize buying aligning with company goals and financial budgets agreed with planning team for Saree Category. • Develop and adapt the core buying and merchandising strategy for retail, online and outlets. • Design, develop and agree the framework for core buying, based on store capacity, flow planning and commonality targets. • Deliver planned sales, profit, margin and stock targets and to maximise opportunities within the business. • Oversee the global seasonal OTB and rolling inventory forecasts. • Helps in sourcing new merchandise and review existing items to ensure products remain competitive for Saree category. Keeping up to date with market trends and reacting to changes in demand are key elements of the role. • Accountable to understand Saree category customer needs, maximize profits and provide a commercially viable range of merchandise at competitive prices. • Expert in deriving business strategies by analyzing consumer buying patterns and work out core team to predict future trends for Saree Category • Review and approves plan to purchase well in advance to address festival, occasions and seasonal needs for Saree Category while working closely with planning team. • Monitor and regularly reviews performance indicators, such as sales and discount levels by driving plans for stock levels in Saree Category, reacting to changes in demand and logistics. • Ensure regional buys deliver a consistent product message. • Acts as escalation point for particularly Saree Category in B&M team for managing supplier relations and leading strategies for negotiations and terms of contract; maintaining relationships with existing suppliers and sourcing new suppliers for future products. • Responsible for the management of carryover, markdown, and terminal stock. • Handles the Saree category Business Sales & Margin delivery, responsible for category business top line and bottom line along with Working Capital management. • Review and validate the strategic sourcing (Domestic, Imported). Centrally accountable for merchandise timely delivery and availability at stores for Saree Category • Expert in category assortment and Promotion Strategy (development and execution), along with category potential Mapping within stores and timely review the consumption Analysis for Saree Category. • Saree Category Head will be responsible for revenue generation at the store level. • Will be responsible for Mystery Shopping at least twice in a month to understand customer need, competitor product analysis, gauge the footfall on one category, to understand how the display of the merchandise is affecting the sales and giving the feedbacks to Planning and VM team. • Drive the development and implementation of merchandising & buying systems and processes. • Assortment Planning for Saree Category • Introduction of a new product in every quarter for Saree Category • Introducing new supplier every year for Saree category. • Also working on the concept of City buyer to minimize the operational cost involved in sourcing & buying. Education & professional skillset : Bachelors in Fashion Designing / Textile will be most preferred. Desired experience: At least eight years of relevant experience of buying and merchandising in a similar role for a fashion company. Desired functional & Behavioural competencies: • Critical Thinker and Planner • Time Management skills • Interpersonal skills • Problem Solving skills. • Ability to interact, communicate and present ideas. • Conceptual/Visual Ability • Possession of Creative Flair • Negotiation Compensation Offered – Best as per industry standard. If you see yourself reflected in this position description, let's talk about the possibilities of us working together and creating positive, lasting impact, together. Also request you to send your updated resume along with your current CTC and notice period at rajarshee.m@stylebaazar.com/sabyasachi.m@stylebaazar.com at the earliest for further initiation of the process. Show more Show less
