Assistant Buyer

7 days ago

Mumbai Maharashtra, India Praxisretail Ltd (Home Town) Full time

**Job Description -**
- Strategic Planning
- Achieve category targets
- Develop buying & merchandising strategies
- Financial Planning & Management
- Convert corporate financial plans into category plans
- Phase sales, margin, markdowns and monitor intakes based on OTB calculations
- Assortment Planning
- Create concept centric range planning and range development
- Product Development
- Creating a product brief in terms of ideal performance, aesthetic appearance and quality norms
- Space Management
- Increase merchandise intensity and effective visual appeal
- Brand Management
- Plan promotional activities
- Influence marketing plans
- Retail performance analysis and planning
- Mapping Department performance
- Sales volume & Value targets
- Sell-through & Stock Ideal Limit
- Product mix sales target
- Order Execution
- Achieve higher delivery performance
- Vendor management and development
- Develop vendor base
- Create an appropriate vendor mix
- Build and Maintain relationship with vendors and suppliers
- Competition mapping
- Review international trends
- Track competitor developments, merchandise & pricing strategies
- Inventory Management
- Regulating inventory to maximise revenue
- Process efficiency and excellence initiative
- Establishing systems and procedures for internal and external practices
- Team management & development
- Provide clear leadership and motivation
- Develop skills of direct reportees

**Requirements -**
- A minimum of 8-10 years’ experience of qualitative experience in retail sourcing/buying & merchandising, P&L and general management
- Exposure to multi-location and handling of diverse workforce.
- Good to have experience in Home & Interior Business/ Project Business/ Home Fashion
- Understanding of statutory requirements and laws

**Skills -**
- Conceptualizing and designing product strategy and assortment planning with price hierarchy
- Effective expertise in cash flow management for sourcing and buying, finding alternative ways in cost savings.
- Specialist in product design and procurement from within and outside India
- Strong Business/Commercial Acumen & Analytical Skills
- Strong Negotiation Skills
- Relationship Management & Team management
- Good Interpersonal Skills
- Influencing Skills
- Leadership Skills

Pay: Up to ₹800,000.00 per year

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

Supplemental Pay:

- Performance bonus

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