Lead Merchandise Buyer

4 days ago


Amrāvati, Maharashtra, India beBeeBuyer Full time ₹ 60,00,000 - ₹ 1,00,00,000
Job Description:

To contribute to the development of our buying and merchandising strategy. You will work within this strategy at all times.

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  • To be responsible for all issues related to merchandise buying, including coordinating with vendors for designated departments.
  • Focus on finding the best resources at the best prices to ensure product is higher in quality & cost-effective for respective brands.
  • Work with the merchandising team to ensure that all deliveries satisfy assigned purchase orders.
  • Identify possible future product offerings through thorough research about customer needs and technological trends.
  • Plan pricing strategies with the marketing department and management to reach an agreement with suppliers allowing for optimal pricing.
  • Develop and source the right product at the right time to meet customer requirements.
  • Maximize current sourcing channels and identify new opportunities.
  • Support negotiations with the supply base to achieve best costs and margins.
  • Collaborate with designers on developing styles, design research trips, fabric & print advice, and identifying best sellers for move-on styles.
  • Work closely with merchandising on managing stock, style options, quantities, promotions, and markdowns.
  • Monitor competitors' activities through market research to track understand trends, forecasting, color, fabric, etc.
  • Ensure timely delivery of samples by vendors.
  • Set standards for merchandise quality with QA.
  • Reconcile store plans and fix departmental financial plans.

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