
Executive Buying Specialist
3 days ago
Job Summary
">As a Senior Manager, you will lead end-to-end buying and planning activities. This includes seasonal range assortment, OTB planning, sales trend analysis, and inventory management.
">The role involves preparing sell-through reports, managing stock allocation and replenishment, and driving liquidation strategies for slow-moving inventory. You will work closely with production teams to monitor the TNA calendar and ensure timely product deliveries.
">You will also collaborate with cross-functional departments such as design, sales, marketing, and warehouse to support smooth product lifecycle execution and achieve business objectives.
">Key Responsibilities:">- ">
- Buying:">
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- Identify and select products that align with our merchandising strategy and customer demand.">
- Finalize Buy order quantity and MRP finalization">
- Analyze market trends, competitor strategies, and customer preferences to make informed buying decisions.">
- Manage purchase orders, ensuring timely procurement and stock availability.">
- Merchandise Planning & Inventory Management:">
- ">
- Develop seasonal and annual merchandise range plans based on sales forecasts and customer preferences.">
- Monitor inventory levels to optimize stock turnover and reduce markdowns.">
- Coordinate with supply chain and warehouse teams to ensure efficient stock movement and replenishment.">
- Utilize data analytics to identify slow-moving and fast-selling products through weekly sell-thru performance.">
- Create and monitor OTB plans across categories to ensure effective budget utilization and efficient stock flow and minimize over-buying.">
- Allocation Planning: Execute store-wise product allocation and replenishment plans to maintain ideal stock levels across all retail and online channels.">
- Sales & Performance Analysis:">
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- Analyze sales performance, profitability, and key merchandising metrics to make data-driven decisions.">
- Identify underperforming categories and recommend action plans for improvement. Work closely with marketing and store teams to align promotions and product launches with sales strategies.">
- Collaboration & Coordination:">
- ">
- Work closely with teams like production, warehouse, design, sales, and marketing to curate product assortments.">
- Coordinate with retail operations to ensure smooth execution of merchandising plans in stores or online.">
- Partner with finance to manage budgets, pricing strategies, and margin optimization.">
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