Chief Buying Officer

2 days ago


Noida, Uttar Pradesh, India beBeeBuyer Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Job Overview

We are seeking an experienced Buying and Merchandising Professional to join our team. As a key member of our organization, you will be responsible for end-to-end buying and planning activities including 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.

Collaborating with cross-functional departments such as design, sales, marketing, and warehouse is crucial in supporting smooth product lifecycle execution and achieving business objectives.

Key Responsibilities:
  • Buying:
    • Identify and select products that align with the company's 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 overbuying.
    • Allocation Planning: Execute store-wise product allocation and replenishment plans to maintain ideal stock levels across all retail and online channels.
  • Sales & Performance Analysis:
    • 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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