Assistant Buyer - #31614

Lifestyle Concept


Date: 13/10/2021
City: Dubai, Dubai
Contract type: Full time
Lifestyle Concept
Lifestyle

POSITION DESCRIPTION DOCUMENT

BASIC INFORMATION

Position Title

Assistant Buyer

POSITION OBJECTIVE

To maximize sales by sourcing the right product at the right time at the right price. To maximize the margin on the product by pricing the product as per the concept guidelines and monitoring price revisions. To allocate the right stock of territories and ensure allocation of right quantity to the store. To prepare the buying plan and to match the inflow of the stock in line with the budgeted inflow and to incorporate new ideas and new ranges into concept

Key Responsibilities

1

Planning of Buying Calendars & Events

Understand the Buying Calendar and the process of planning for a season. Understand the various suppliers and to learn about all buying fairs
To assist in planning the buying calendar in line with Inflow Pattern and the Event Calendar of the Stores
To monitor the order status and inventory levels on regular basis and to take proactive action for any supplier / category / range / product based on actual inflow and sales pattern
To review the distribution of orders on all times and based on the sales rate and the budgets – revise distribution wherever required
To monitor the Budget Order; Order GRN; Inflow pattern Reports on weekly basis and ensure discrepancies are reported promptly to Finance

2

Margin Achievement

To understand the mechanism of margin / pricing / markup and costing relevant for each supplier and each territory in the department handled
To assist the Buyer in fixing the Retail Selling Price in line with the Concept Overall Margin Target and the specific target for each territory
To review the pricing as generated from the Pricing Module and do the necessary currency correction based on the local currency of each territory

3

Sales Achievement

Understanding the sales pattern of each store / territory and influencing the increase of sales in each store / territory
Participate in the review of the Sales Projection along with the Buyer Retail, Finance Team
Review the performance of a product / category / range / supplier / department on periodic basis and to monitor stock levels
Monitor the reorders based on the sales and revise / optimize allocation accordingly

4

Product Review, Design & Development

To understand the department, group, sub-group, category / range used in the company and the
principle behind the classification of the products in these
To understand the design element and the signature of the product in the department and to know the taste of the customer
To review samples in line with the guideline within 3 days of receipt and to maintain list of all catalogues / photographs
To maintain the data base of the images of products on the server as per the correct protocol

5

Vendor Development

To understand the supplier relationship in the organization and the correct manner of addressing the issues with the suppliers
To maintain and develop the relationship with suppliers and to communicate in a very professional and prompt manner
To consider suppliers as partners in growth and ensure their growth and development along with our growth
To assist the suppliers with all necessary assistance in ensuring timely delivery of goods – understanding of orders, understanding of shipment terms / LC terms / marking requirements, etc

6

Inventory Management

Review and analyze stock / sales reports on daily basis and understand the top sellers in each department / category / group
To monitor inventory and ensuring sufficient stock holdings for each product / category / group / department
Review all GRNs after 45 days and taking a decision of reorder / review date
To monitor the stock at Central Warehouse at Jebel Ali if any
Effectively deal with fast / slow moving items / ranges and end of ranges and take corrective action on timely basis

7

Merchandising Standards

To constantly monitor the stores and to ensure that the planogram given is implemented strictly
To periodically visit the market and survey competitors for new / better ideas for merchandising and to bring about improvement in the merchandising standards
Conducting competitor analysis and market review on periodic basis to understand the trends and to develop products in tune with the same

8

Competitor Survey (R&D)

To visit our competitors who carry same range of products, study their designs, color, price & compare with Lifestyle products. By studying we can analyse & make our buying better. Constant research on new products and develop the same with our existing suppliers

Qualifications



Primary Location: AE-AE-United Arab Emirates
Work location/ موقع العمل: Landmark Tower - Dubai , , Dubai25030 25030
Job: Buying
Organization: Lifestyle Concept
Schedule label /الجدول الزمني: Regular
Shift: Standard
Job Type: Full-time
Day Job
Job Posting/نشر تسمية الوظيفة: Oct 13, 2021, 8:56:38 AM

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