
Website Landmark Group
Job Description:
The job holder will be responsible for developing strategic buying plans in consultation with the Functional head for the assigned department/ category. The job holder will also ensure smooth buying operations through vendor identification, evaluation and selection, in compliance with the contract principles to achieve the strategic and financial objectives of the concept
Job Responsibilities:
- Keep abreast of the latest trends in buying and discuss the same with the Department Head/ Category Manager from time to time to assess realignment of existing processes
- Ensure the smooth flow of goods, and in conjunction with Planning Manager manage fill rate expectaitons through accurate forecasting
- Plan quaterly reviews with Functional Head to review P&L Score card by brand – considering space location, return per foot, Funded FTE Cover by territory, IPT and AUS
- Nurture and develop relationships with key Vendors who are ctitical to the long term success of the business
- Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
- Ensure Category and Brand management delivers budgeted sales and profit targets
- Ability to forge exceptional relationships, Be an ambassador for Lifestyle Beauty in order to cement our future vision and capability in the global Beauty market; Thus creating a more positive atitude in the mind of the Cosmetic and Skincare brands.
- In conjunction with Planning Manager ensure profit targets are met by timely procurement of category merchandise
- Ensure effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data
- Follow the reverse logistics guidelines to send the faulty / damaged goods back to the vendor
- Maintain contact with vendors; update list of vendors within Cosmetics; attend Trade Fairs, collate samples and brand presentaitons which indicate vendor capabilities
- In conjunction with both Planning and Buying ensure Brand master accuracy, with defined plans in place to manage the sell throught of doscontiuned merchandise and subsequent RTV by quarter
- Work with the planning team on demand estimation and ordering based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement
- Negotiate Intake Margins and other heads of terms. In conjunction with Business Head and Finance, Finalise Brand Contracts.
- Develop an adequate vendor base for the concept through active sourcing,negotiation / renegotiation
- In conjunction with Business Head, deliver plans for new Categories and Brand introductions
- Ensure growth in the sales and gross margins for the assigned brands by driving focus on individual brands opportunities, including significant brand fiunded marketing
- Discuss, decide and freeze the merchandise plans(pricing, promotion and assortment) and ensure effective management
- Review the merchandise plans on a periodic basis to ensure profit is maximized and maintained to reach target levels
Job Details:
Company: Landmark Group
Vacancy Type: Full Time
Job Location: Dubai, UAE
Application Deadline: N/A
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