Buyer - Furniture at LANDMARK GROUP

, , United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

08 Oct, 26

Salary

0.0

Posted On

10 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Strategic Buying, Product Sourcing, Vendor Management, Category Management, Market Research, Business Planning, SWOT Analysis, Merchandising Budgeting, Price Negotiation, Order Management, Trend Analysis, Competitive Analysis

Industry

Retail

Description

The job holder will be responsible for developing strategic buying plans to achieve the strategic and financial objectives of Home Box. Also, responsible to ensure smooth buying operations through Product Sourcing, vendor identification, evaluation, and selection. Business Planning & Category Management: * Develop comprehensive business plans that are consistent with the company's overall goals and strategies * Category SWOT analysis vis a vis competition and assess market opportunity. * Monitor & review the performance of category business plans by using appropriate scorecard * Oversee the category management with the objective of maximizing sales and profits * Plan and approve the merchandising budget for the category * Discuss, decide and freeze the merchandise plans (pricing, promotion and assortment) and ensure effective in season management Product, Trend & Market Research * Keep abreast of the latest trends in buying and assess realign the existing processes * Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation * Ensure effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data * Gather information from Industry trade groups or through trade shows/market visits Vendor Management * Develop an adequate vendor base for the company through attending Fair & Exhibitions * Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise * Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end users * Identify, evaluate and select appropriate vendor mix to achieve business objectives Order Management * Place orders for the new items and initiate repeat orders for the categories he is responsible for based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement. * Monitor sales and movements of the new launched products and suggest merchandise planners to initiate re-orders or to de-list the range if it is not moving * Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow Market & Competition study * Market & competition study in categories he/she is responsible and suggests new product ranges accordingly Our journey started in 1973 with a single store in Bahrain. Since then, we have grown into a global retail and hospitality group. The proud creator of 25 plus value led, own-built brands across retail, hospitality, food, and leisure. Over the years, our UAE - based group has evolved into a comprehensive retail and hospitality entity, with over 2200 retail stores, leisure, and hospitality outlets, panning the GCC, Middle East, India, Southeast Asia, and Africa. Today, Landmark Group is one of GCC's largest omnichannel retailers and India's top home and fashion retailer. We take immense pride in the organic growth of our retail brands, which have blossomed into household names. From Max, Splash, Babyshop, Centrepoint, Shoemart, Homecentre, Emax, Fitness First, to Funcity, to name a few, our brands span across a multitude of categories, enriching the lives of countless families over the past decade. Home Box is a one-stop shop offering smart furniture and furnishings for everyday living, at affordable prices. Launched in 2013, Home Box is one of the Landmark Group’s fastest growing concepts with 51 stores across KSA, UAE, Bahrain and Qatar. With an extensive offering of great quality products, Home Box makes customers feel at home with its good, honest prices and friendly, helpful service.   Through Home Box, the Group aims to provide customers with tasteful yet affordable home furnishing solutions that promises to transform your space with our bold textures and exquisite décor that make every occasion memorable with a commitment to be the heart of your home, offering an exceptional, cost-effective shopping journey. Known for its modern designs and high quality, Home Box is celebrated for shaping contemporary lifestyles with curated collections that combine aesthetic appeal and the latest trends at affordable prices.   “At Home Box, we continually research market trends to create products that fulfil our customers’ needs. Our goal is to fill the market gap for fashionable, contemporary home essentials at affordable prices. We are committed to enhancing the customer experience through innovative approaches, as exemplified by our new store concept, which elevates economical home shopping and promises 'Always more in the box' for our customers,” stated Ajay Antal, CEO of Home Box.     8,000+ Products offering amazing quality and prices. 50+ Stores helping millions of satisfied customers. 4 Countries where we’ve made our mark in 3 years. 1000+ Emp.dedicated to great service.

Responsibilities

The role is responsible for developing strategic buying plans and managing category performance to maximize sales and profits for Home Box. This includes sourcing products, managing vendor relationships, and overseeing the end-to-end order management process.