Buyer
Dubai, United Arab Emirates
Job Description
JOB TITLEBuyer | MAF LifeStyle | HollisterROLE SUMMARYThe Buyer will be responsible for implementing the buy strategy for the assigned brand and building a product assortment that meets customer needs, and drives the growth of the Majid Al Futtaim Lifestyle business. The Buyer will support the General Manager Merchandising in highlighting short and long-term strategic approaches, future growth opportunities, and areas of risk for the business with regards to product ranging, allocation, inventory, brand perception, pricing, and margin.ROLE PROFILE
- Formulate a suitable buy strategy and plan in line with Brand and Majid Al Futtaim Lifestyle guidelines.
- Purchase commercial and profitable product ranges to maximize profitability and sales.
- Control all aspects of stock to minimize loss of sales and balance product mix through consistent and rigorous in season analyses.
- Negotiate product pricing, cost of shipment, payment terms, and intake margin with local vendors, taking into consideration business and cost effectiveness as the main consideration.
- Monitor brand performance, initiating corrective action where necessary to ensure operations are conducted within the agreed financial parameters.
- Deeply understand brand perception, product feedback, and product requests by regularly visiting stores and interacting with the store teams.
- Nurture a strong working relationship with the Planning, Finance, Digital, Logistics, and Operations teams to drive common business goals.
- A Bachelors Degree, preferably in Business Management, Marketing or related field.
- Qualification in Retail Management.
- 3-4 years of experience in a Buying and Merchandising role.
- Fashion retail background is mandatory.
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Job Detail
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Job IdJD1766361
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDubai, United Arab Emirates
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EducationNot mentioned