Buying Manager - Formal Wear

Buying Manager-Formal Wear

- To manage product and pricing strategy with a keen eye on customer needs and future fashion trends

- Driving sales by ensuring the right product mix by efficient planning and monitoring

- Gross Margin enrichment through pricing

- Inventory control through monthly inventory analysis

- Merchandising Strategy

- To devise a buy plan post product performance review and inventory turn.

- Option wise pricing in line with budgeted multiples and pricing strategy with planning team.

Order Management :

- Place season buys in line with OTB.

- Co-ordinate product launch and shipments with HQ

- Define launch plan at stores

Gross Margin Management :

- Product pricing strategy to manage budgeted multiples

- Optimizing Logistics cost

- Discount budget management

Sell Though Management :

- Though best seller management, planning stock rotation and restricting loss of sale.

Partner Management :

- Relationship management with all partners

- Brand partners, e commerce and third party

- Product training

- Product knowledge as per mystery shopping parameters.

- Product training to stores.