Al Futtaim Group
Al Futtaim Group is currently looking for a Buyer Merchandiser in Dubai who will be responsible for identifying & delivering a range appropriate to the region, whilst working with the UK to ensure product & pricing strategy are correct and relevant for the MENA region and there by achieve the Key Business KPI’s of Sales, Cash Margin, Markdown Cost and Closing Stock. This is a mid level full time role. For this role the salary ranges from 12000 AED to 25000 AED, which may be slightly negotiatable during the interview.
Duties of Buyer Merchandiser
- Continuously search for Business Opportunities to increase Sales and Cash Margin.
- In depth knowledge of BU, Markets operated in and Key Competitor’s.
- Recommends & produces analysis to make good forward planning decisions.
- Maintains BU WSSI.
- Assists & supports senior merchandiser with planning appropriate Sales and Cash Margin by Department/Range/store.
- Assists in planning appropriate Space for each Department/ Range in each Store.
- Assists in planning appropriate OTB and Options by T Department/Range.
- Assist in planning appropriate e-Commerce Buy.
- Management of Core Template to size level to drive Core Availability.
- Size Cut analysis & recommendation by Department/ Market.
- Plan appropriate Good/ Better/ Best Offer.
- Sufficient Volume on Key OPP’S.
- Appropriate Colour Balance.
- Authoritative Product Statements on Hero Product.
- Detailed Preparation for UK Buying Fairs.
- Assist in developing a clear IBO Strategy.
- Confident Product Selection and Range Balancing.
- Ensure buys are in line with the shop visual plan strategy.
- Opportunity Buys to Support Marketing Strategy.
- Spend Control.
- Margin Optimization.
- Right balance of core & fashion.
- Attend weekly team meeting and suggest actions to drive business.
- Prepare Weekly Store Communication (GM Action News).
- Manage Allocation Blueprint.
- Manage Replenishment Strategy by Type of Product/ Market.
- Recommend consolidations to the Senior merchandiser.
- Assist in implementation of a robust Promotional Calendar.
- Assist in implementation of a robust Innovations Communication.
- Ensure Opening Price Points well executed and Messaged In-Store.
- Effective Markdown Management controlling Shop in Shop.
- Statements but clearing Seasonal Lines.
- Conduct Quarterly Comp Shops.
- Report on Key Actions to remain Price Competitive.
- Report on Key Missed Opportunities.
- Assist in conducting Bi annual SWOT with Store Champions.
- Engage in store vvisits.
- Build Good Relationships with colleagues within M&S.
- Build good relationships with M&S Operations Team, VM Team and Marketing Team.
- Build good working relationship with UK.
- Guide & train Assistant merchandiser & allocator to develop into the next role.
- Be involved in appraisals.
Eligibility Requirements for Buyer Merchandiser
- Bachelor Degree (Masters Preferred)
- 5+ years’ experience in Fashion Buying and Merchandising
- Experience within a retail buying environment in MENA and/or Europe and experience of UK/European brands.
Skills Desired
- Able to handle Complexity.
- Excellent Planning and Organizing Skills.
- Attention to Detail.
- Highly Numerate.
- Product Confident.
- Good Communicator.
- Optimistic Attitude.
- Works at Pace with an Impatience to get things Done.
- Cultural Awareness.
- Good working knowledge of Excel.
- Knowledge of SAP an additional advantage.