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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