Deputy Buyer

8 hours ago

Mumbai, India Shoppers Stop Full time

Deputy Buyer is to be responsible for all issues related to buying merchandise and coordinating with vendors for the designated departments. It involves working closely with vendors, maintaining positive relationships while negotiating specs, pricing, and deadlines. Key deliverables for the position are as following:Keeping a track of Competitor’s activities through market research activities to track understand trends, forecasting, in terms of color, fabric etc To assist Deputy Buyer/Buyer in Product presentation, packaging and Product development and develop promotional plansReview and adjust the season plans and weekly plansVendor identification and developmentTo work with Marketing and Design to develop Visual Merchandising promotions in line with theme and product launchesEnsures timely delivery of samples by vendorsSetting of standards for quality of merchandise with QAReconcile to store plans and fix departmental financial plansTo assist Buyer with budget and margin targets, fashion range planning and buildingMaximizing current sourcing channels and identifying new opportunitiesSupporting negotiations and working with supply base to ensure that best costs and margins are achievedWorking closely with Merchandising; management of stock, style options, quantities, promotions and markdowns.To pursue and recover all money due from vendors as a result of performance penalties or markdown and promotional contributions.To regularly update the front-end on key product benefits Qualifications and Education RequirementsGraduate/Diploma in design/apparel merchandising, NIFT (GMT/FD/Textile /KDT/D&D), Pearl academy (IFTP) 3-6 years of experiencePreferred competenciesTechnical skills: presentation skills, sound financial perspective, Effective communication and negotiating skillsOther Skills : Customer orientation, learning proficiency, planning and organizing, team player, influencing, problem solving, Innovative, In touch with current trends, styles, colors and also the taste of the Indian market.Preferred Industry Textile/ Garment/ Retail / Export Houses

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