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Buying Manager

1.00 to 10.00 Years   Dubai, United Arab Emirates   27 Apr, 2022
Al Futtaim Group
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryAccounting
Functional AreaNot Mentioned

Job Description

Buying Manager | Toys R Us | DubaiKey Role Specific Accountabilities

  • Develops a global commercial strategy (short, medium and long term) and implements for each category. Defines store layouts through all product categories. Excellent negotiation and relationship skills in order to create and develop long term business partnerships and portfolio (exclusivity) with brands.
  • Sets the pricing strategy for each brand, in each territory to ensure the margin and profit goals agreed. Additionally, has the responsibility to make certain that overall margin goals are met irrespective of clearance sale and promotional activities.
  • Manage full OTB process; sell through, markdown policy and return of supplier process. Analytical and proactively manages sales, inventory and margin through effective range planning and buying.
  • Maps the ordering process, the frequency of placing re-orders, and the use of warehousing facilities in a manner that the handling costs are kept to the lowest and lead times of the products are optimized. Detailed competitor & market analysis. Ensure to guarantee compliance with import regulations
  • System development & Co-ordination with different functions. Plays a vital role in developing and maintaining system processes relating to the buying & supply chain elements of SAP. Plays a ?driving? role in developing the catalogues for the local markets, ensures that availability meets targets for catalogue launch. Facilitates the close interaction of the Buying team with the store teams to ensure that commercial priorities and feedback is ongoing
  • Maintain collaborative partnership and effective negotiation with external vendor?s internal customers such as Marketing and Store Operations to drive traffic and build brand and customer loyalty. Identify location (store) growth opportunities and minimise slow selling product categories. Work with marketing calendar to ensure synergies

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