Assistant Buyer - Kids FurnitureThe job holder will be responsible & supporting Category Buyer for buying operations through Product Sourcing, vendor identification, evaluation and selection for Furniture Department.Vendor and Product ResearchKeep abreast of the latest trends in buying and assess realign the existing processesSupport to identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiationVendor ManagementSupport in developing an adequate vendor base for the company through attending Fair & ExhibitionsBuild and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandiseMaintain 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 usersIdentify, evaluate and suggest appropriate vendor mix to achieve business objectivesOrder ManagementPlace orders for the new items and initiate repeat orders for the category based on the Buying plan and Planogram. Ensure merchandise is delivered as per the plan based on the agreed service level agreement.Follow up with Supplier for Production and Packaging statusSupport Category Buyer to implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flowMarket & Competition studyMarket & competition study in categories he is responsible and suggests new product ranges accordinglySkill:Must have 4-5 years of relevant experience from Furniture buyingGood knowledge of Furniture category.Good knowledge of Retail Industry and productsVendor management & Strong negotiation skillPlanning and organizing skillsAnalytical skillsCommercial business acumenMarket research & Competition study An assistant buyer works closely with vendors, maintaining positive relationships while negotiating specs, pricing, and deadlines. They must be able to work independently and prioritize job duties, as well as prepare cost analyses and competitive retail strategies. They must communicate with merchandise departments, logistics, finance, operations, clubs, and vendors to provide information and problem solve.Key responsibilities and Process:\xc2\xb7 Range Planning with the Senior Buyer and updating the Range Plan File for each season,prior to leaving for the buying trip.\xc2\xb7 Co-ordination with the Design Team for Development packs / Art works etc.\xc2\xb7 Dispatch the Development packs to the respective Vendors & follow up the Costing sheets from them.\xc2\xb7 Travelling on the seasonal buying Trips for order placement.\xc2\xb7 Sending the PO's to the Vendors & following up the PI's\xc2\xb7 Up loading the PO's into the System & sending the Barcode files to the respective Vendors.\xc2\xb7 Overseeing the Product Approval process with the Merchandiser / QA Team\xc2\xb7 Monitoring the orders with the Vendors on a Weekly basis & following up the shipments up to respective Territories.\xc2\xb7 Vendor payments to be followed up.\xc2\xb7 Prepare the final seasonal Range plan for the VM Team / Retail Team / Ware House Team.\xc2\xb7 Updating the Buying Summary on daily Basis for Budget updates.\xc2\xb7 Monitoring the Store Level Sales to ensure that the Store Sales are in line with the Targets, If not need to work with Retail Team to understand the reasons for the Gap and take necessary actions.Knowledge, Skills & ExperienceEducationGraduates / High School with DiplomaLanguageEnglish - MandatoryJob Experience4-6 years of experienceTechnologyBasic MS office, Excel and Power point.Others\xc2\xb7 Good Negotiation Skills.\xc2\xb7 Flair for Fashion\xc2\xb7 Should have an eye for detail.\xc2\xb7 Should be ready to travel extensively.\xc2\xb7 A Hard worker with a right attitude.QualificationsAssistant Buyer - Kids FurnitureThe job holder will be responsible & supporting Category Buyer for buying operations through Product Sourcing, vendor identification, evaluation and selection for Furniture Department.Vendor and Product ResearchKeep abreast of the latest trends in buying and assess realign the existing processesSupport to identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiationVendor ManagementSupport in developing an adequate vendor base for the company through attending Fair & ExhibitionsBuild and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandiseMaintain 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 usersIdentify, evaluate and suggest appropriate vendor mix to achieve business objectivesOrder ManagementPlace orders for the new items and initiate repeat orders for the category based on the Buying plan and Planogram. Ensure merchandise is delivered as per the plan based on the agreed service level agreement.Follow up with Supplier for Production and Packaging statusSupport Category Buyer to implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flowMarket & Competition studyMarket & competition study in categories he is responsible and suggests new product ranges accordinglySkill:Must have 1-2 years of relevant experience from Furniture buyingGood knowledge of Furniture category.Good knowledge of Retail Industry and productsVendor management & Strong negotiation skillPlanning and organizing skillsAnalytical skillsCommercial business acumenMarket research & Competition study

Landmark Group