Trainee, Buying Operations

2 weeks ago

Bengaluru, Karnataka, India Saks Full time ₹ 5,00,000 - ₹ 10,00,000 per year

Who we are:

Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences. With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own. By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail.

Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets.

Role Summary:

Reports to Manager - Buying Operations. Works closely with Merchandising Planning, Sample and buying teams in North America and

other teams as necessary.

Key Qualifications:

Graduate/PG. Preference will be work experience in retail industry with working knowledge in supply chain

Analytical, advanced Excel, problem solving skills ,eye to detail.

Data management and interpretation using statistical concepts

Strong planning and operational skills

Proficiency in Excel and good knowledge of other MS Office tools

Team player with strong collaboration skills.

Highly motivated and committed to the development of high-quality work

Excellent communication skills to liaise effectively with vendors and internal teams.

Role Description:

Process purchase orders (POs) accurately and timely using relevant tools.

Coordinate with vendors and suppliers to confirm order details, delivery schedules, and resolve discrepancies.

Prioritize orders based on urgency, business needs, and service level agreements (SLAs).

Collaborate with Planners, Buyers and other relevant stakeholders to manage Replenishment inventory through accurate forecasting and rectifying all relevant components to achieve department-in-stock goals.

Has the concept/grasp of Stock-store Minimums/Presentation minimum, Maximums, Safety stock, Review Time, Lead time, Store to store transfers etc.

Stock Balancing: Maintain in-stock goals through effective product distribution. Analyze sales history and trends to maximize sales potential by developing allocation strategies that maintain proper store inventory levels.

Provide regular reports on order status, vendor performance, and operational metrics.

Your Life and Career at Saks Global:

Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation

Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate

Comprehensive benefits package for all eligible full-time employees (including medical, vision and dental)

is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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