Buyer

2 weeks ago

gurgaon, 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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