Buyer & Merchandiser
2 months ago
Are you ready to take the next leap in your career? If you are looking for an opportunity to create an impact using your knowledge & creativity to maximise company performance, then we may have just the right opening for you.
Our mindset
We are business minded – identifying opportunities to improve performance and developing solutions, tools and processes that will steer our business toward long-term success while ensuring high quality in everything we do.
We strive for continuous innovation and strong cross-functional collaboration because working in an ever-changing industry requires us to think and act fast. We take responsibility for growing our people and pridefully ensuring solid ties between leaders, managers, and colleagues.
Working in BESTSELLER, no two days are ever the same, and new challenges and opportunities are always awaiting us.
The Brand
ONLY is one of the fastest growing brands. It has been present in the mind of young women looking for new trends, accessible styles & fashionable must have items. The ONLY girl is not defined by a certain style but by her playful attitude, take on life & fashion and her love for denim. You will be part of one of the most dynamic & enthusiastic bunch of individuals. ONLY has turned its success into know-how and in-depth experience in both retail & wholesale and is sold in more than 4500 stores worldwide.
The Role
The purpose of the role is to deliver the required turnover, sell through & profitability as per the business requirement through efficiency in buying & merchandising.
Your responsibilities include but are not limited to:
- Study the previous season’s performance and take corrective action about key KPIs (like ASPs, BQ, ABV, and Sell Through)
- To analyze international trend forecasts with the product & design team before the buying season
- To ensure a right buy mix of High Fashion, Commercial and basic styles on the floor
- To buy based on brand KPIs such as ASPs, Category Mix, BQ, etc
- To ensure that all themes/stories are planned and executed together at the shop floor; to co-ordinate with the visual team and pass on information regarding such stories/themes
- To keep timely checks on OTB, based on sales, fashion trends, channel behavior
- To ensure that merchandise on the floor is always a representation of the brand's DNA
- Analyzing weekly reports with the planners & merchandisers
- To make monthly reports on competition brands & present the same to the brand team
- To directly interact with the Brand’s designers and Suppliers & provide them with design/product direction for the season
- Responsible for all styles to be delivered on time with the help of the sourcing team
- Planning stories, themes, and drops week-wise for stores while buying
- Responsible for the brand product offering at stores
- Creating allocation plan before each season based on season buying and partner profiling for stores
- Prepare Weekly Store-drop allocations by the season’s allocation plan and send them to allocators for system execution
- Follow-up on stock movement at stores- check on ROS, Category Mix, Sell Throughs and make allocations/replenishment's according to that
- Coordinating and following up with the stores on specific requirements & making sure that they are provided with appropriate stock at the right time
- Planning stories, themes, and drops week-wise for stores while buying
- Responsible for the brand product offering at stores
- Creating allocation plan before each season based on season buying and partner profiling for stores
- Prepare Weekly Store-drop allocations by the season’s allocation plan and send them to allocators for system execution
- Follow-up on stock movement at stores- check on ROS, Category Mix, Sell Throughs and make allocations/replenishment's according to that
- Coordinating and following up with the stores on specific requirements & making sure that they are provided with appropriate stock at the right time
DESIRED PERSONALITY:
- Good verbal & written communication skill
- Creative & updated on the latest trends in the global fashion industry
- Understanding of fashion, trends, and product
- Should be good at mathematical calculations and have an affinity for numbers
- Strong sales focus and number orientation
- Self-Starter & ready to go the extra mile
- Flexible & open to new challenges
ELIGIBILITY CRITERIA:
- Anyone with a minimum of 1 to a maximum of 3 years of total experience in a similar position can apply
- Must have prior experience in a similar role
- Should have women's wear experience
- Should be a graduate/postgraduate
Location: Mumbai
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