Merchandise Acquisitions Specialist

5 days ago


Mangalore, Karnataka, India beBeeBuyer Full time ₹ 5,00,000 - ₹ 17,50,000

Job Title: Buyer- Loungewear

 

About the Role

The role of a Buyer-Loungewear is to contribute to the development of the divisional Buying and Merchandising strategy.

As a Buyer, you will be responsible for all issues related to buying merchandise and coordinating with vendors for designated departments.

You will focus on finding the best resources at the best prices to ensure that product is higher in quality and cost-effective for their respective brands.

Working closely with the merchandising team, you will ensure that all deliveries satisfy assigned purchase orders.

You will identify possible future product offerings by conducting thorough research about what customers are looking for next and technological trends coming up.

Plan pricing strategies on various product lines with the marketing department and management, aiming to reach an agreement with suppliers that allow for optimal pricing.

Developing and sourcing the right product at the right time to meet customer requirements.

Maximizing current sourcing channels and identifying new opportunities.

Supporting negotiations and working with supply base to ensure that best costs and margins are achieved.

Working closely with Designers on developing styles; design research trips, fabric & print advice and informing best sellers for move-on styles.

Working closely with Merchandising; management of stock, style options, quantities, promotions and markdowns.

Keeping track of Competitor's activities through market research activities to track understand trends, forecasting, in terms of color, fabric etc.

Product presentation, packaging and Product development and develop promotional plans.

Review and adjust season plans and weekly plans.

Vendor identification and development.

Obtaining Range merchandise after effective negotiation.

Working with Marketing and Design to develop Visual Merchandising promotions in line with theme and product launches.

Ensuring timely delivery of samples by vendors.

Setting of standards for quality of merchandise with QA.

Reconciling to store plans and fixing departmental financial plans.

Supporting negotiations and working with supply base to ensure that best costs and margins are achieved.

Working closely with Merchandising; management of stock, style options, quantities, promotions and markdowns.

Conducting the annual review of supplier performance with QA.

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