(High Salary) Manager Buying

5 days ago


Gurgaon, India Marks and Spencer Reliance India Private Limited Full time
Job Title: Manager- Buying

Experience: 5+ Years

Key Deliverables (Essential Functions & Responsibilities of the Job):

- To formulate a detailed plan for the products to be offered each quarter.- Range presentation to sign off the BU plan with the Buying and Merchandising Head.- Booking quantities of products to meet launch and respond to in-season variables.- Generating analysis to be able to support buying decisions.- Reacting to sales Information and working with suppliers to revise production flows and maximize sales.- Agreeing and reviewing targets for sales, margin, stock, commitment and availability.- Assisting operating plan review and lessons learnt.- Completing catalogue intentions and IRP.- Managing the plans for all markdown periods.- Agreeing on the range production plan with the manager and monitoring suppliers.- Working with the supplier for the prompt input of flows to ensure alignment between production and commitment.- Production plans to manage MSI capacity.- Provide information to the retail team to allow them to provide layout plans to stores.- Providing input into price point strategy for ranges.- Maintaining awareness of the competition’s product offer.- Planning, optimizing and reviewing the catalogue by shape of the chain.- implementing and exploiting new systems and processes.

Key Requirement:

- Operating Plan for the department- Product selection from Marks and Spencer global catalogue that captures trend, volume and key drivers.- Local product development to address local requirements, gaps in the offer and margin opportunity- Flow and phasing planning- Product bought to plan- Product delivered to critical path- Managing the catalogue plan- Plan to develop a shorter lead time product in season- Develop ‘value fashion’ for tier 2 markets- Work with VM and Marketing to deliver and highlight the ‘look’.- Maximize product opportunity in ‘peak selling’ eg. gifting in
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