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Fashion School Graduate/ Management Student, (NIFT- AMMM or MBA) with relevant retail experience in high end apparel buying or category management. Must understand high end/ luxury fashion. Must be comfortable with number and develop and implement strategies to buy.Must be Energetic and have Passion and Enthusiasm towards serving the end customer in a satisfying manner. Must owe complete buying responsibility, Ability to learn & share
Job Purpose
Is to select and buy fashion rights for exciting merchandise in line with The merchandise grid & requirement objective. Creating a unique store merchandise look by editing & crafting from the list of international for Casual, Denim & Active Worlds keeping the commercial sensibility to the consumer. The ultimate goal is to increase profitability of the brand, facilitating higher valuation and imagery in establishing The brand as a leader in Super Premium Retailer position for the global Indians in the Indian Retail canvas.
Key Task
Select & Buy Fashion Right Merchandise in line with the vision of The brand Store Strategy in order to achieve sales.
Develop a strong planning system for Merchandise Inventory control to maintain minimum inventory stock norms.
Ensure the merchandise bought & inventory planning maximizes the Gross Margins, which helps to achieve store profitability in the long and short-term.
This position will engage and maintain relationship various International apparel brands, Head of Merchandising, other buyers as well as with internal department of Finance, Supply Chain, Private label, Marketing & Stores.
Principal Accountabilities
Buying
Effective "world" strategy in line with that of overall The brand vision- Long term & short term.
Selection of brands in conformation of that strategy
Actual Buy process- selection of product, raising the order
Get the fine balance between Fashion Image & Sales
Analyze the performance of each brand & category against set standards
Analyze variances caused by changing business dynamics & revisit strategy
Monitor & assess competition Nationally & internationally & modify to improve
Inventory Management & Margins
Ensure that the buy is structured in such a way (through identification of key business drivers such as the right mix of brands, product, quantity, sizes, etc) that it induces sales
Though detailed understanding of MIS, understand the performance of each store/ brand/ category/ size etc
Make necessary changes in buying based on that
Suggest movement of goods though inter store transfers
Space Management within the world to ensure the margins are maximized
Develop the mark down strategy to ensure that the inventory keeps in control while keeping the margins & image intact
To ensure that the margins are maximized through effective inventory management, negotiations with vendors based on actual performance of brands
Conduct product training for store staff
Interaction with Planners
Partner with the Planner in building the OTB & allied system such that it helps to achieve the department Goals.
Communication & Information sharing with various connected Teams
Provide information on the buy & product to the VM & Store teams
Working along with the Asst Buyer
Support in developing their skills through the right exposure
Career growth plan
Team building
Brand Relationships
Create long term relationships with brands
Leverage brands to support our marketing and brand building initiatives
Mumbai
Pranab Baruah
Email Address:
jobs@unisoninternational.net
Telephone:
91-124-4565935