Associate - Buying

Posted:
10/15/2024, 5:23:38 PM

Location(s):
Karnataka, India

Experience Level(s):
Mid Level

Field(s):
Business & Strategy ⋅ Finance & Banking ⋅ Sales & Account Management

Roles and Responsibilities

 

Roles:

  • Responsible to manage business portfolio for business.

  • A comprehensive role which involves all aspects of business –

  • Analytics, financial planning, range planning, sourcing and managing people – vendors & team.

 

Responsibilities:

  • Responsible to optimize sales for a group of products

  • Revenue

  • Margins

  • Growth of categories

  • Range Planning

  • Product-Brand mapping

  • Product range planning for the category Planning

  • Effectively planning and forecasting in order to maximize profitability

  • Trend forecasts and implement sale plans

  • Financial analysis - Sales, Margin, Discount and Inventory related analysis

  • Option planning

  • OTB working along with the central planning team

  • Inventory Management

  • Planning for the inventory flow for entire category

  • Team Management

  • Leading a team of designer, factory operations and sourcing

  • Vendor Management

  • Responsible for managing vendors and building the network to ensure that

  • Vendor-Product Mapping

  • Building fabric base, printing base network and vendor base

  • Supply Chain

  • Building processes to ensure the production happens within 30 days from concept to delivery Collaborative Partnership

  • Liasoning with all the brands

  • Co-ordinating with sales and marketing for the growth of category

 

Qualifications & Experience

 

  • 4+ years of experience with Fashion Background.

  • Familiarity with category management for relevant category.

  • Understanding of market dynamics and sound business judgement.

  • Ability to negotiate and sustain networking relationships.

  • Comfortable with figures and in collecting, analysing and interpreting data.