Job Title: - Buyer/Category Manager- Product development and sourcing Reporting to: - CEO Location: - JAFZA Job Profile
Gather feedback from stores regarding product lines, availability and layout.
Creation and pricing of new inventions, ability to introduce novel ideas, and strong pricing and negotiating abilities
A strong knowledge of production and labor costs to bring a product to market
Understands the product, production and pricing
Strong business acumen, including an excellent grasp of how costs affect profits.
Source stocks from a Far East supply base.
Identify new suppliers from different countries for different product categories and negotiate contracts.
Ensure that all of the providers we are working with have NDAs in place.
Strong negotiating skills with vendors on terms, production planning and product price.
Ability to manage production requirements, PO placement and inventory in conjunction with the
Supply Chain department.
Lead the procurement journey from product innovation till buying.
Coordinate with the product development team/ design team of the vendors and approve the products and designs based on the specifications and quality standards given.
Identify customer preferences and forecast consumer trends
Ensure the timely delivery of products and compliance with the contracts of purchase
Attend events, fairs and exhibitions to remain up-to-date with the markets trends
Manage sample approvals and library
Strong commercial awareness and product knowledge within the category.
Forecast usage of stocked items in liaison with key customers and internal sales team and ensure timely purchase.
Experience & Skills Essential 7+ years of similar role
Experienced in buying and product development of Bags, luggage, electronics, furniture, toys, stationery with range development experience (not necessarily all)
Experience working in China, India, or a comparable country.
Experience working with license/ip holders
Strong commercial and market awareness
Skills
Excellent attention to detail; able to analyze data and spot trends
A confident communicator and relationship builder with strong negotiation skills