Assistant Buyer- Home Fragrance
Landmark Group
- United Arab Emirates
- Permanent
- Full-time
- Understand the Buying Calendar and the process of planning for a season. Understand the various
- suppliers and to learn about all buying fairs.
- To assist in planning the buying calendar in line with Inflow Pattern and the Event Calendar of the Stores.
- To monitor the order status and inventory levels on regular basis and to take proactive action for any supplier / category / range / product based on actual inflow and sales pattern.
- To review the distribution of orders on all times and based on the sales rate and the budgets
- Revise distribution wherever required.
- To monitor the Budget Order; Order GRN; Inflow pattern Reports on weekly basis and ensure discrepancies are reported promptly to Finance
- To understand the mechanism of margin / pricing / markup and costing relevant for each supplier and
- each territory in the department handled.
- To assist the Buyer in fixing the Retail Selling Price in line with the Concept Overall Margin Target and the specific target for each territory.
- To review the pricing as generated from the Pricing Module and do the necessary currency correction
- Based on the local currency of each territory.
- Understanding the sales pattern of each store / territory and influencing the increase of sales in each store / territory.
- Participate in the review of the Sales Projection along with the Buyer Retail, Finance Team.
- Review the performance of a product / category / range / supplier / department on periodic basis and to monitor stock levels.
- Monitor the reorders based on the sales and revise / optimize allocation accordingly.
- To understand the department, group, sub-group, category / range used in the company and the • Principle behind the classification of the products in these.
- To understand the design element and the signature of the product in the department and to know the taste of the customer.
- To review samples in line with the guideline within 3 days of receipt and to maintain list of all catalogues / photographs
- To maintain the data base of the images of products on the server as per the correct protocol
- To understand the supplier relationship in the organization and the correct manner of addressing the issues with the suppliers.
- To maintain and develop the relationship with suppliers and to communicate in a very professional and prompt manner.
- To consider suppliers as partners in growth and ensure their growth and development along with our growth.
- To assist the suppliers with all necessary assistance in ensuring timely delivery of goods – understanding of orders, understanding of shipment terms / LC terms / marking requirements, etc
- Review and analyze stock / sales reports on daily basis and understand the top sellers in each department / category / group.
- To monitor inventory and ensuring sufficient stock holdings for each product / category / group / department.
- Review all GRNs after 45 days and taking a decision of reorder / review date.
- To monitor the stock at Central Warehouse at Jebel Ali if any
- Effectively deal with fast / slow moving items / ranges and end of ranges and take corrective action on timely
- To constantly monitor the stores and to ensure that the planogram given is implemented strictly. • To periodically visit the market and survey competitors for new / better ideas for merchandising and to bring about improvement in the merchandising standards.
- Conducting competitor analysis and market review on periodic basis to understand the trends and to develop products in tune with the same.
- To visit our competitors who carry same range of products, study their designs, color, price & compare with Lifestyle products. By studying we can analyse & make our buying better. Constant research on new products and develop the same with our existing suppliers