Buyers, also known as purchasing agents, are analyzers, negotiators and deal-makers. They research, evaluate and buy products for companies to either resell to customers or use in their everyday operations.Key Accountabilities and process:\xc2\xb7 Determine buying requirements and formulate buying plan and budget for the assigned department/category\xc2\xb7 Align the buying plan to the overall department/category business plan and the merchandize strategy as laid down by the department/ category manager\xc2\xb7 Help meet the profit targets by ensuring timely procurement of the department/category Merchandise\xc2\xb7 Pursue cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process\xc2\xb7 Develop an adequate vendor base for the concept through active scouting and negotiation / renegotiation\xc2\xb7 Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise\xc2\xb7 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\xc2\xb7 Identify, evaluate and select appropriate vendor mix to achieve business objectives\xc2\xb7 Place orders based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement\xc2\xb7 Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow\xc2\xb7 Track the merchandise transportation from supplier to landmark distribution center and ensure smooth flow of goods\xc2\xb7 Follow the reverse logistics guidelines to send the faulty / damaged goods back to the vendor\xc2\xb7 Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation\xc2\xb7 Ensure effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data\xc2\xb7 Keep abreast of the latest trends in buying and discuss the same with the department/category Manager from time to time to assess realignment of existing processes\xc2\xb7 Gather information from Industry trade groups or through trade shows/market visitsKnowledge, Skills & ExperienceEducationGraduates / High School with Diploma in commerceLanguageEnglish - MandatoryArabic - Beginner / intermediateJob Experience3-4 years in retail industry in buying and merchandising roleTechnologyBasic MS office, Excel and PPT.Others