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10.0 - 14.0 years
18 - 25 Lacs
Mumbai Suburban
Work from Office
Role & responsibilities Buy, range and manager the category based on the demands and expectations of our customers Develop the category strategy (business plan) annually and review quarterly Prepare the annual category budget with Finance Input Ensure fair, consistent and competitive pricing on all merchandise Achieve category Sales and Gross Profit Budgets Monthly reporting and ad hoc reviews of category financial performance Monthly financial planning category strategy Analysis and monitoring of market activities for threats and opportunities Identify and source new products and suppliers from both India an overseas. Also consolidate the number of suppliers for existing products where commercially appropriate Evaluate products to be ranged and deleted Negotiate and set up buyer contract and negotiate promotional plans and rebates with suppliers Ensure all deadlines are met for the category in all areas Manage the launch of new products into the market to ensure first to market for all critical new lines Conduct regular range reviews Work with the assistant buyer to develop item level and promotional forecasting Manage open to buy for the category Update and adjust store and promotional models Respond to customer complaints regarding category products Select products to be promoted in conjunction with the Assistant Buyer Prepare advertising submissions and attend relevant meetings to brief advertising agency Check advertised offers to ensure adequate stock to cover promotional demand Analyse effectiveness of promotions Ensure Buying process and policies are implemented with regards to pricing, recalling of stock, advertising and introduction on new lines Preferred candidate profile Consumer durable electronic appliances (Buying) Perks and benefits As per company Standard
Posted 4 days ago
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