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Head Buying

2 months ago

Gurugram, India threadfactory.in Full time

About Us : We represent a dynamic cohort of engineers united by a bold mission: to revolutionise the procurement process for Indian apparel retailers. While currently in stealth mode, our central objective is the creation of an all-encompassing omni-channel platform tailored to retailers. Our aim is to enhance their procurement efficacy, elevate sales, and alleviate operational complexities.


Responsibilities


  • Oversee and mentor a team responsible for buying and merchandising, ensuring alignment with company goals and objectives
  • Formulate and implement strategic merchandising plans to optimize product offerings on the platform, driving growth and enhancing customer engagement
  • Identify, engage, and onboard leading brands onto the platform, ensuring a diverse and appealing product selection
  • Work closely with sellers to curate and showcase the latest designs and collections, keeping the platform's offerings fresh and competitive
  • Manage negotiations regarding pricing, offers, and commission structures with suppliers to secure favorable terms and drive profitability
  • Collaborate with field sales teams and customers to understand market demand and trends, using this insight to plan and execute market-specific product curation
  • Stay informed about industry trends and market dynamics to adapt strategies and maintain a competitive edge in merchandising


Ideal Candidate


  • Minimum of 5 years in the fashion/apparel industry, ideally within a high-growth e-commerce company or startup environment
  • Exceptional ability to build relationships and communicate effectively with diverse stakeholders
  • Excellent problem solving skills
  • Self starters looking for good learning experience in a startup
  • Preferred candidates will have a degree from NIFT or a similar institution, or a qualification in Fashion/Apparel Design


Role Type


  • Full Time Role


Compensation:


  • 6 LPA
  • Equity stake in the company
  • Performance-based incentives
  • Revenue-based compensation structure to be determined as the business grows