Manager Buying Furniture_Homecentre

Dear Applicants, Homecentre Landmark group, Is looking for Manager Buying in Furniture Category to join their team, interested candidates can apply through this linkJob Title:: Manager Buying FRN _HomecentreExperience: 10-15+years (mandate Home retail experience)Location: Dubai, UAEJob DescriptionOverall business management of assigned product category/department and will ensure the development, implementation and management of the business plans to maximize sales and profitsResponsibilities for Internal Candidates1. Category Growth and ProfitabilityDrive sales from the assigned category by developing comprehensive category business plansDrive and monitor gross margins for the category and ensure alignment with the organization’s position, business plan and budgets.2. Category Merchandise PlanningPrepare annual plans for the assigned category and provide inputs to the Merchandising Development and Buying Head to assist in creation of overall merchandizing budgetStudy trends from historical data around product category sales and market research to assist in the overall planning processEnsure adherence to financial plan in all key areas - sales, markdowns, margin & average inventoryDiscuss, decide and freeze the merchandise plans (pricing, promotion, assortment etc.) for the category with the Merchandise Planning departmentEnsure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)3. Category Design and QualityEnsure optimum utilization of customer research information to guide category management decisions, including decisions on the introduction of new products, product assortment, shelf layout, promotion and pricing of products in the storeFormulate design and development plan in consultation with the Design Head with specifications on product features, functions, packaging and resource requirement across categoriesEnsure all design and development activities are carried out within budgetEnsure the merchandise procured and received meets the quality standards4. Order and Vendor ManagementCreate an adequate vendor base for the organization through active scouting and negotiation / renegotiationMaintain relationships with key vendors who are critical for the long term success of the businessReview the financial and credit services agreement with the key vendors in order to maximize profit and positively contribute to cash flowDetermine buying requirements and formulate buying plan and budget for the assigned categoryMonitor Orders based on the buying plan and follow-up to ensure merchandise delivery as per the plan based on the agreed service level agreementPursue cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process5. People ManagementManage and support recruitmentMonitor team development and facilitate complaint resolutionSet KRA's for direct reports and conduct performance appraisalOversee staff deployment and drive motivation levels of the direct reportees.6. Competition ResearchAcquire market intelligence through various sources & analyze trends which may impact our business.Map competition prices / products and provide qualitative inputs to the businessQualifications for Internal CandidatesPost graduate or Graduate, 10-15 years’ relevant experience of which at least 8+ years should have been in the retail industry.