Assistant Buyer-Kids (Only 24h Left)

Experience- 1-3 Years

Role and Responsibilities

• To contribute to the development of the divisional Buying and Merchandising strategy and to work within this strategy at all times.
• To work with merchandising team to ensure that all deliveries satisfy the assigned purchase orders.
• Identify possible future product offerings by conducting thorough research about what customers are looking for next and the technological trends that are coming up.
• Plan pricing strategies on various product lines with the marketing department and management and aim to reach an agreement with suppliers that allow for optimal pricing.
• Developing and sourcing the right product at the right time to meet customer requirements
• Maximizing current sourcing channels and identifying new opportunities
• Supporting negotiations and working with supply base to ensure that best costs and margins are achieved
• Working closely with Designers on developing styles; design research trips, fabric & print advice and informing best sellers for move-on styles.
• Working closely with Merchandising; management of stock, style options, quantities, promotions and markdowns.
• Keeping a track of Competitor’s activities through market research activities to track understand trends, forecasting, in terms of color, fabric etc
• Product presentation, packaging and Product development and develop promotional plans
• Review and adjust the season plans and weekly plans
• Product presentation, packaging and Product development and develop promotional plans
• Vendor identification and development
• Obtaining Range merchandise after effective negotiation
• To work with Marketing and Design to develop Visual Merchandising promotions in line with theme and product launches
• Ensures timely delivery of samples by vendors
• Setting of standards for quality of merchandise with QA
• Reconcile to store plans and fix departmental financial plans
• Supporting negotiations and working with supply base to ensure that best costs and margins are achieved
• Working closely with Merchandising; management of stock, style options, quantities, promotions and markdowns.
• To conduct the annual review of supplier performance with QA.
• To pursue and recover all money due from vendors as a result of performance penalties or markdown and promotional contributions.
• To regularly update the front-end on key product benefits

Qualifications and Education Requirements

Graduate / Diploma in design / apparel merchandising, NIFT (GMT / FD / Textile / KDT / D&D), Pearl academy (IFTP)