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 new 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 fast-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