Senior Buying Manager - Accessories

  • Company

    One of the leading company in the UAE

  • Location

    UAE - Dubai

  • Remuneration

    - Competitive

  • Experience

    10 - 12 Years

  • Position Type

    Full Time

  • CR Ref. No.

    1437887267

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Buyers source new merchandise and review existing items to ensure products remain competitive. By fully understanding customer needs, they are able to maximise profits and provide a commercially viable range of merchandise at competitive prices. Keeping up to date with market trends and reacting to changes in demand are key elements of the role..

Description

A retail buyer is responsible for planning and selecting a range of products to sell in retail outlets. The buyer must consider the following factors when making purchasing decisions:

customer demand, including price, quality and availability;
market trends;
store policy;
financial budgets.
Typical work activities

Throughout the year, tasks typically involve:

analysing consumer buying patterns and predicting future trends;
regularly reviewing performance indicators, such as sales and discount levels;
managing plans for stock levels;
reacting to changes in demand and logistics;
meeting suppliers and negotiating terms of contract;
maintaining relationships with existing suppliers and sourcing new suppliers for future products;
liaising with other departments within the organisation to ensure projects are completed;
attending trade fairs, in the UK and overseas, to select and assemble a new collection of products;
participating in promotional activities;
writing reports and forecasting sales levels;
presenting new ranges to senior retail managers;
liaising with shop personnel to ensure supply meets demand;
getting feedback from customers;
training and mentoring junior staff.

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