Role & responsibilities

Buying Budget and Planning
- Determine buying requirements and formulate buying plan and budget for the assigned department/category
- Align the buying plan to the overall department/category business plan and the merchandize strategy as laid down by the department/category manager
- Help meet the profit targets by ensuring timely procurement of the department/category Merchandise
- Pursue cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix, scanning the setting for benchmarks and constantly improving the purchase process

Category Merchandise Planning
- Drive customer focused merchandise plans (pricing, promotion, assortment etc.) for the department to achieve sales and market share growth, and freeze associated plan with Merchandise Planning department
- Study trends from historical data around product category sales and market research to assist in the overall planning process
- Ensure adherence to financial plan in all key areas - sales, markdowns, margin & average inventory

Category Design and Quality




- Ensure optimum utilization of customer and market research information to guide department decisions on the introduction of new products, product assortment, shelf layout, promotion and pricing of products in the store
- Work with Quality to ensure that the merchandise procured and received meets the quality standards set by Home Centre

Vendor Management
- Develop an adequate vendor base for the concept through active scouting and negotiation / renegotiation
- Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
- Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end users
- Identify, evaluate and select appropriate vendor mix to achieve business objectives

Order

📌 Assistant Buyer | NIFT Graduates | Retail Buying (Bengaluru)
🏢 home centre
📍 Bengaluru