Buyer

1 week ago

gurugram, India Marks and Spencer Reliance India Private Limited Full time

Job Title: Buyer

Experience: 2+ Years

Location: Gurugram HO


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

  • Drive product strategy by supporting Buyer for managing end-to-end product lifecycle.
  • Seasonal and top-up order closures in sync with the Buyer for international orders.
  • Seasonal and top-up order closures in sync with the Buyer, designer and Sourcing team for domestic orders.
  • Review sales patterns and share product feedback with stakeholders for new product development, Top-up orders and/or preponing deliveries.
  • Margin Negotiation with the sourcing team for localized lines.
  • Analyze seasonal product performance, provide lessons learnt for every season and action points for the upcoming season,
  • Study WGSN trends, Runways along Competition to give trend feedback.
  • Manage Fulfilment tracking for every Season Launch including, but not limited to, key Marketing/window lines.
  • Manage Visual Sell Thru – Review Product Lifecycle and give feedback to trader and Buyer.
  • Analyze sales to provide insights and proposals for driving future sales to Merchandisers and Traders.
  • Ensuring effective two-way communication with SCM and Sourcing team for Order Tracking of import and domestic orders.
  • Market visits for identifying Product gaps and competition analysis.
  • Effective Coordination with cross-functional teams to drive Menswear business- Retail, Ecommerce, Marketing and VM.
  • Exploit new systems and processes to optimize business.
  • Product data enrichment in the central documents for data hygiene which can be used for further analysis.


Key Requirement:

  • Operating Plan for 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 the 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’ e.g. gifting in.

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