Job Requisition ID: 160466Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every dayOverview of the role:Sr. 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.What you will do:-Description of Accountability:BUSINESS 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
SALES 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
RANGE 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
PRODUCT 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
TRADE
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
MARKET 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
STAKEHOLDER 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
LEADING PEOPLE
Guide & train Assistant merchandiser & allocator to develop into the next role
Be involved in appraisals
Required Skills to be successful:
Interpersonal Skills.
Problem analysis and problem-solving
Delighting Our Customers
Collaboration
Managing Complexity
Taking Initiative
Drive for Results
What equips you for the role:
Bachelor Degree (Masters Preferred)
5+ years\' experience in Fashion Buying and Merchandising
Experience within a retail buying environment in MENA and/or Europe and experience of UK/European brands.
Able to handle Complexity
Excellent Planning and Organizing Skills
Attention to Detail
Highly Numerate
Product Confident
Good Communicator
Optimistic Attitude
Works at Pace with an Impatience to get things Done
Cultural Awareness
Womenswear or Middle East Experience preferred
Graduate or Graduate Calibre
Good working knowledge of Excel
Knowledge of SAP an additional advantage
About Al-Futtaim RetailAl-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer's in both regions with over 75 stores offering both fashion & food options.Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference