Manager - Buying - Formal Wear - Luxury Brand

Looking for a Buyer- Footwear with a ultra luxury Brand !

Designation : Manager - Buying (Formal Wear)

Experience : 5-8 years

Job Responsibility : Meet margin targets and other Buying KPIs (also a generic Buying JD is enclosed for reference).

Job Purpose :

- 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.

- Coordinate 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.

Experience :

- 5-8 years of experience in Fashion Retail in the Buying/Merchandising function

- Demonstrate strong business understanding with flair for fashion retailing.

- Self-starter.

- Exceptional communicator and good at interpersonal skills

The people I need to work with :

Within function :

- Buying Head

- Business Manager/Head

- Store staff

Outside function :

- Training Manager

- Retail Operations

- Visual merchandiser

Desirable : Experience in Fashion Footwear Buying

Qualification : NIFT, FDDI, MBA

Preferences : Retail Industry (Co.s -

Madura - including Louis Phillpe, Van Heusen, Allen Solly, Pantaloon

- Raymond

- Lifestyle

- Blackberry

- Benetton

- Arvind - Arrow, US Polo team

- Shoppers Stop

Location : Mumbai

Reporting to : Business Head