The job holder will be responsible & supporting Category Buyer for buying operations through Product Sourcing, vendor identification, evaluation, and selection for bedroom section in mattress category.Vendor and Product Research
Keep abreast of the latest trends in buying and assess realign the existing processes
Support to identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation
Vendor Management
Support in developing 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 suggest appropriate vendor mix to achieve business objectives
Order Management
Place 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 status
Support Category Buyer to 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
Basic Qualification / Education / Vocational TrainingMust be from design or technical background (Ex: NIFT, Wood science technology)Minimum Experience1-2 years of relevant experience from Furniture buying & from Retail industrySpecific / Relevant ExperienceGood knowledge of the Furniture category - MattressKnowledge in Retail planning & Merchandising is must with Strong Analytical skillsSkills and CapabilitiesVendor management & Strong negotiation skillPlanning and organizing skillsCommercial business acumenMarket research & Competition studyQualificationsThe job holder will be responsible & supporting Category Buyer for buying operations through Product Sourcing, vendor identification, evaluation, and selection for bedroom section in mattress category.Vendor and Product Research
Keep abreast of the latest trends in buying and assess realign the existing processes
Support to identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation
Vendor Management
Support in developing 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 suggest appropriate vendor mix to achieve business objectives
Order Management
Place 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 status
Support Category Buyer to 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
Basic Qualification / Education / Vocational TrainingMust be from design or technical background (Ex: NIFT, Wood science technology)Minimum Experience1-2 years of relevant experience from Furniture buying & from Retail industrySpecific / Relevant ExperienceGood knowledge of the Furniture category - MattressKnowledge in Retail planning & Merchandising is must with Strong Analytical skillsSkills and CapabilitiesVendor management & Strong negotiation skillPlanning and organizing skillsCommercial business acumenMarket research & Competition study