23 Oct
|
V2 retail
|
Gurugram
23 Oct
V2 retail
Gurugram
V2 Retail Ltd. – Value & Variety is looking for experienced professionals to join our Buying & Merchandising (B&M;) team at our Head Office in Gurugram, Delhi NCR. Position Buyer / Senior Buyer – Buying & Merchandising Department: Buying & Merchandising Industry: Fashion / Apparel / Value Retail
Location:
Gurugram, Delhi NCR
Experience:
6–7 Years Preferred | Up to 15 Years Employment Type: Full-Time | On-Site Categories: Men's | Ladies | Kids Role Overview We are looking for a commercially strong and experienced Buyer / Senior Buyer who can independently manage product sourcing, range building, vendor management, costing, negotiations, order placement and category performance. The ideal candidate should have strong exposure to the Apparel / Fashion Retail industry with a good understanding of consumer trends, product development, vendor networks, commercial negotiations and retail trading.
Key Responsibilities
Buying & Range Development
• Plan and build commercially viable product ranges according to category and business requirements.
• Identify new product opportunities through market visits, trend research and competitor analysis.
• Develop the right product mix across style, colour, fabric, size, price point and depth/width.
• Work closely with internal teams for range planning, product selection and approvals. Sourcing & Vendor Management
• Source current vendors and maintain strong relationships with existing suppliers.
• Coordinate with vendors for sampling, product development, costing, quality and production.
• Negotiate cost, MOQ, lead time, payment terms and commercial conditions.
• Monitor vendor performance, delivery timelines and quality adherence. Merchandising & Category Management
• Analyse sales, stock, sell-through, stock ageing and product performance.
• Identify bestsellers, slow movers and opportunities for repeat orders or line extensions.
• Support replenishment,
allocation and assortment decisions based on trading performance.
• Track market trends, customer preferences and competitor pricing/promotions. Costing & Commercials
• Ensure product costing and margins are aligned with business targets.
• Analyse product costs and identify opportunities for commercial optimisation.
• Ensure buying decisions are aligned with category budgets and OTB. Order & Product Execution
• Manage purchase orders and order books from placement to execution.
• Ensure accuracy of styles, quantities, colour/size ratios, costs and delivery timelines.
• Coordinate with Buying, Merchandising, Planning, Sourcing, Quality, Supply Chain, Warehouse and Store Operations for smooth product flow. MIS & Business Analysis
• Prepare and analyse category-level MIS and trading reports.
• Monitor sales, inventory, sell-through, replenishment and margin performance.
• Provide product/category insights to senior management for business decisions. Candidate Profile We are looking for candidates with:
• 6–7 years of relevant experience preferred, with candidates having up to 15 years of experience also considered based on role fit.
• Strong experience in Apparel / Fashion Retail / Buying & Merchandising.
• Hands-on experience in Buying, Sourcing, Range Building and Vendor Management.
• Strong understanding of Apparel products, fabrics, trims, sizing, costing and commercial negotiations.
• Good knowledge of retail sales analysis, stock management, sell-through and replenishment.
• Strong vendor network and negotiation capabilities.
• Excellent analytical and commercial acumen.
• Strong proficiency in MS Excel and retail MIS.
• Exposure to ERP / retail planning / buying systems will be an advantage.
• Strong communication, coordination and stakeholder-management skills.
• Ability to work in a rapid-paced retail environment and manage multiple categories/deadlines. Qualification Graduate / Postgraduate in Fashion, Apparel, Retail Management, Merchandising, Business Management, Commerce or a related field.
📌 BUYING & MERCHANDISING – APPAREL (Gurugram)
🏢 V2 retail
📍 Gurugram