OVERSEAS BUYER - DUBAI

EXCELLENT OVERSEAS OPPORTUNITIES - DUBAI

BUYER

THE ROLE

To plan, project and identify the requirements of the products, source suppliers & negotiate with them for purchasing the required quantities at optimum costs which meets customer needs thereby maximizing profits and providing a commercially viable range of products.

RESPONSIBILITIES

• Plan and select the range, type, quality and quantity of merchandise according to customer demand, trends, store policies and set prices and sell through targets in conjunction with the Buying Manager/GM to ensure they are in line with the budget
• Carry out purchasing activities in line with the brand purchase plans
• Analyze market trends, consumer preferences, sell through, seasonal demands etc to formulate a buying practice in line with consumer /store demands
• Maintain profitable relationships with existing suppliers, and monitor the adherence to the contract terms
• Negotiate with new suppliers on product pricing, payment terms, cost of freight, provision of training, and the extent of their involvement in advertising and promotions, to decide on placing a purchase order with the supplier for the concerned product
• Monitor the stock levels in the stores; coordinate with the supply chain to maintain optimal stock levels in line with the consumer demand
• Support the promotional activities in the store and ensure the merchandise is available in time and in right quantities. Receive and analyse reports on the activities and provide recommendations to the Buying Manager when required
• Attend trade fairs/buying trips to keep abreast of market trends and to introduce a new collection of products
• Manage the brand training of staff in the area to ensure that the product knowledge is up to date and that all staff are knowledgeable on new products/trends. Prepare regular trends training and deliver to the business units
• Review buying feedback reports and provide recommendations to Buying Manager/GM as to buying strategy for a respective brand/collection
• Prepare periodic reports analyzing the sale turnover and consumer trends per product to arrive at a decision to maintain/liquidate/dispose off the stocks and/or continue/discontinue product lines
• Commercial viability of the products sourced within set guidelines, timelines and financial parameters
• Achievement of budgeted sell though and gross margin
• Successful negotiations with suppliers
• Monitoring and analysis of sales performance and action plans for liquidating excess stock.
• Timely replenishment of stocks in stores.
• Staff brand/product/trends knowledge through spending time in the stores, training, analyzing reports and customer inputs to support buying decisions

KNOWLEDGE, SKILLS & EXPERIENCE

• University Degree in any discipline followed by qualification in Retailing or Retail Management/ Purchase/ Sales or related programs
• Proven track record in the field of Purchasing & Retailing
• Good knowledge and experience in the (related) industry through work experience with international principals
• Excellent planning, financial, communication and interpersonal skills. Proficient English (Arabic preferred). Keen to travel & develop network of professional & business relationships
• Buying experience and expertise typically gained over a period of at least 5-8 years

BENEFITS

• Salary is tax-fee
• Annual bonus
• Incentive schemes based on targets
• Medical and life insurance
• Round trip tickets to home country once a year
• 30 days paid leave