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Sr. Buyer Merchandiser- Kids Wear -Clothing & Home

1.00 to 10.00 Years   Dubai, United Arab Emirates   25 Mar, 2024
Al Futtaim Group
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryRetail & Wholesale
Functional AreaNot Mentioned

Job Description

Overview of the role:ÿSr. Buyer Merchandiser is responsible for identifying & delivering a range appropriate to the region, whilst working with the UK to ensure product & pricing strategy are correct and relevant for the MENA region and there by achieve the Key Business KPI?s of Sales, Cash Margin, Markdown Cost and Closing Stock.ÿWhat you will do:-Description of Accountability:ÿBUSINESS PLAN AND DELIVERY OF KEY KPI?s

  • Continuously search for Business Opportunities to increase Sales and Cash Margin
  • In depth knowledge of BU, Markets operated in and Key Competitor?s
  • Recommends & produces analysis to make good forward planning decisions
  • Maintains BU WSSI
ÿSALES AND OTB PLANNING
  • Assists & supports senior merchandiser with planning appropriate Sales and Cash Margin by Department/Range/store
  • Assists in planning appropriate Space for each Department/ Range in each Store
  • Assists in planning appropriate OTB and Options by T Department/Range
  • Cut OTB: Core v Fashion Flow v Fashion
  • Assist in planning appropriate e-Commerce Buy
ÿRANGE DETAIL PLANNING
  • Management of Core Template to size level to drive Core Availability
  • Size Cut analysis & recommendation by Department/ Market
  • Plan appropriate Good/ Better/ Best Offer
  • Sufficient Volume on Key OPP?S
  • Appropriate Colour Balance
  • Authoritative Product Statements on Hero Product
ÿPRODUCT SELECTION
  • Detailed Preparation for UK Buying Fairs
  • Assist in developing a clear IBO Strategy
  • Confident Product Selection and Range Balancing
  • Ensure buys are in line with the shop visual plan strategy
  • Opportunity Buys to Support Marketing Strategy
  • Spend Control
  • Margin Optimization
  • Right balance of core & fashion
ÿTRADE
  • Attend weekly team meeting and suggest actions to drive business
  • Prepare Weekly Store Communication (GM Action News)
  • Manage Allocation Blueprint
  • Manage Replenishment Strategy by Type of Product/ Market
  • Recommend consolidations to the Senior merchandiser
  • Assist in implementation of a robust Promotional Calendar
  • Assist in implementation of a robust Innovations Communication
  • Ensure Opening Price Points well executed and Messaged In-Store
  • Effective Markdown Management ? controlling Shop in Shop
  • Statements but clearing Seasonal Lines
ÿMARKET AWARENESS
  • Conduct Quarterly Comp Shops
  • Report on Key Actions to remain Price Competitive
  • Report on Key Missed Opportunities
  • Assist in conducting Bi ? annual SWOT with Store Champions
  • Engage in store visits
ÿSTAKEHOLDER ENGAGEMENT
  • Build Good Relationships with colleagues within M&S
  • Build good relationships with M&S Operations Team, VM Team and Marketing Team
  • Build good working relationship with UK
ÿLEADINGÿPEOPLE
  • Guide & train Assistant merchandiser & allocator to develop into the next role
  • Be involved in appraisals
ÿ

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