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Buying Manager

2 months ago

Mumbai, India Reliance Retail Full time

Job Description


1. Job Attributes


1.1. Position Name

Buying Manager Accessories & Wearables


1.2. Position Code

50000094


1.3. Reporting to

Sourcing Owner - Accessories and Wearables


1.4. Business Unit

Electronics


1.5. Function

Sourcing External Brands- Accessories and Wearables


1.6. Location

NHQ


2. Job Purpose

Develop and implement cost-effective sourcing strategies to ensure quality and profitability for the assigned category.


3. Key Responsibilities

  • 3.1. Anticipate future needs and demands by analyzing trends and market data.
  • 3.2. Analyze retail market, competitors to develop strategic sourcing strategy and business goals.
  • 3.3. Enlarge existing business base and bring new business to the company.
  • 3.4. Analyze and monitor brand pricing, assortment at store level, brick level performance.
  • 3.5. Support business with efficacy reports based on all tracked parameters to enable right buying decisions.
  • 3.6. Be a role model for employees by aligning actions and day-to-day behaviors in accordance with Reliance Retail values.
  • 3.7. Articulate key performance indicators and competency requirements for team members.
  • 3.8. Coach and mentor, provide challenging assignments and high visibility training for high performers.
  • 3.9. Manage the end-to-end relationship with each vendor/brand in the sub-category (change management, contract negotiations, payment queries, classifications, evaluations, etc.).


4. Key Performance Indicators

4.1. Primary KPIs

  • 4.1.1. Assortment universe (range) & Vendor universe (nos.)
  • 4.1.2. Revenue Target (Y-on-Y category growth (%))
  • 4.1.3. Vendor Onboarding Compliance (%)
  • 4.1.4. Gross Margin (%) deal SKUs incl.
  • 4.1.5. Product Returns (%)


4.2. Additional KPIs

  • 4.2.1. Cost Reduction (%)
  • 4.2.2. TOT% Growth
  • 4.2.3. Supplier OTIF (%)
  • 4.2.4. Supplier lead time (# days)


5. Job Requirements

5.1. Functional Competencies

  • 5.1.1. Systems Knowledge (DSS & SAP)
  • 5.1.2. Buying Process knowledge
  • 5.1.3. Business acumen
  • 5.1.4. Financial acumen
  • 5.1.5. Negotiation skills


5.2. Behavioral Competencies

  • 5.2.1. Interpersonal skill
  • 5.2.2. Planning skills
  • 5.2.3. Team Management
  • 5.2.4. Customer orientation