Purchase Manager
3 days ago
Job Qualifications & Requirements
- Bachelor's degree in Business, Fashion Merchandising, Supply Chain, or Retail Management; MBA preferred
- Minimum 8 years of experience as a purchase manager in a reputed multi-store retail chain
- Skilled in OTB (Open-to-Buy) planning, stock turnover control, aging analysis, and sell-through optimization
- Experience in pricing strategy, discounting models, and seasonal merchandise planning
- Strong track record of vendor development, onboarding, and relationship management across India
- Business-to-Customer (B2C) retail experience is mandatory
Key Responsibilities
- Lead procurement strategy and execution across women'swear (Chudidhar)
- Develop seasonal and monthly purchase plans aligned with sales targets and budgets
- Implement and standardize procurement models (BNS, SOR, SAS) as per category needs
- Build and maintain strong vendor networks across India; negotiate favorable terms
- Good business sense with strong skills in managing margins, negotiating with vendors, and reducing costs.
- Collaborate with Retail, Planning, Finance, and Merchandising teams for stock flow and demand planning
- Approve and oversee vendor onboarding, product assortment, and replenishment cycles
- Ensure documentation & compliance: rate agreements, POs, GRNs, settlements
- Coordinate with Visual Merchandising & Marketing for campaigns and promotional buys
- Lead, mentor, and supervise the procurement/purchase team.
Job Type: Full-time
Pay: From ₹30,000.00 per month
Work Location: In person
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