Buyer/ Sr Buyer - Furniture

Product Category: Beds, mattress, Bed sides, Bed units, Sofas, Entertainment units etc.

Key Responsibilities :

• Buying Budget and Planning: Determine strategies to develop the category, identifying opportunities for growth. Manage the category budget with Planning team, with the objective of maximizing sales and profits.
• Product Research: Keep abreast of the latest trends through market visits and trade shows. Gather insights from data and store feedback for informed buying decisions.
• Product Development and Strategy: Lead all design and development activities to ensure they are in line with market demands and brand positioning. Define the range and influence in-store VM and marketing communication.
• Strategic Sourcing: Initiate cost reduction measures through centralized buying and selecting the appropriate vendor mix. Build strong, long-term relationships with key vendors globally and ensure best cost prices and quality.
• Order Management: Collaborate with the buyers/coordinators, shipping, warehousing and planning team on demand estimation, order placement, adequate newness, reordering of core lines, and supplier follow up.
• Performance Analysis: Review of product sales periodically to ensure profit maximization. Analyze weekly performance at the category and business unit level and take in-season action to optimize sales.
• Quality Control: Ensure all procured merchandise meets the highest quality standards set.
• People Management: Develop talent within the team by providing consistent direction and support. Build a collaborative and high-performance team culture.

Qualifications:

• Post-Graduation degree/MBA preferred.
• Minimum 10+ years of total experience with 5+ years in a senior buying role.

Required Skills:

• Strong negotiation and relationship management skills.
• Proven financial and business acumen, with full integrity.
• Leadership, people management and stakeholder management.