23 Sep
|
THE BOMBAY STORE
|
Mumbai
23 Sep
THE BOMBAY STORE
Mumbai
Company Name: The Bombay swadeshi Stores Ltd.
About Company: SINCE 1906
The Bombay Store enjoys a unique legacy as one of the oldest & most popular lifestyle destinations with roots tracing from Indias freedom struggle. Incorporated in 1906, during the Swadeshi movement in India, The Bombay Stores (Bombay Swadeshi earlier) was formed to promote Indian made products. The first store was founded by some of the Great Indian Patriots & Businessmen like Lokmanya Bal Gangadhar Tilak and Sir Jamshedji Ratanji Tata. The first store at Sir PM Road has hosted our former Honorable Prime Ministers Jawaharlal Nehru and Indira Gandhi. The Listed company in Bombay Stock Exchange.
Product: The broad categories that we deal in are: Artefacts, Home Dcor, Souvenirs, Gifts, Pashmina’s and Fashion Accessories.
Designation : Buyer
Department : Buying & Merchandising
Reporting To : Senior Manager - Sourcing
Job Summary
We are looking for a proactive and commercially driven Buyer to manage product sourcing, vendor relationships, assortment planning, and inventory performance for assigned categories. The candidate will be responsible for ensuring the right product mix, maintaining optimum inventory levels, supporting category growth, and delivering an enhanced customer experience through effective buying decisions.
Key Responsibilities
- Source and procure products aligned with category strategy, customer preferences, and business objectives.
- Identify, evaluate, and develop vendor relationships to ensure quality, cost competitiveness,
and timely supply.
- Negotiate pricing, margins, payment terms, and commercial agreements with suppliers.
- Manage purchase orders and ensure timely product availability across stores.
- Monitor sales performance, inventory levels, and stock movement to support buying decisions.
- Coordinate with Planning, Merchandising, Marketing, and Retail Operations teams for product launches and promotions.
- Analyze market trends, customer preferences, and competitor activities to identify new opportunities.
- Track slow-moving inventory and recommend corrective actions to improve inventory productivity.
- Maintain product master data, vendor records, and category reports.
- Support category growth by identifying new products and sourcing opportunities.
Candidate Requirements
- Graduate / Post Graduate in Business, Retail Management, Merchandising, or related field.
- 4–6 years of experience in Retail Buying, Merchandising, or Category Management.
- Strong understanding of Lifestyle Retail, Home Dcor, Gifts, Souvenirs, Fashion Accessories, and related categories.
- Experience in vendor management, sourcing, and commercial negotiations.
- Valuable commercial acumen with exposure to sales, margins, and inventory management.
- Strong analytical skills with proficiency in MS Excel and retail reporting tools.
- Excellent communication and stakeholder management skills.
- Experience in Lifestyle, Premium Retail, Department Stores, or Omni-channel Retail will be preferred.
📌 Buyer (Mumbai)
🏢 THE BOMBAY STORE
📍 Mumbai