GMG is currently looking to hire a candidate for the job role of a Buyer at Nike in GMG Building ,Umm Hurair Rd, Oud Metha, Dubai, UAE. This is an Intermediate level full time job. And salary can range between 8000-17000 AED/month.
Responsibilities of Buyer
- Determines the buying requirements and formulates buying plan and budget for the assigned brand/category, based on the analysis of the historical trends and future forecasts.
- Creates buying plans to ensure profitability by maintaining and building consumer focused brand/category lines and managing SKU performance and efficiency.
- Aligns the buying plan to the overall business unit plan and strategy as laid down by the brand/category manager.
- Tracks and evaluates brand/category sales performance, market sales trends and competitor trading activities to identify critical business factors and proposed action plans to increase sales and profitability.
- Consolidates and analyzes actual sales results to plan and forecast in-season sales/inventories on a weekly, monthly, and quarterly basis. To drive sales, bottom-line profitability and inventory targets to meet or exceed financial goals.
- Helps meet the profit targets by ensuring timely procurement of the merchandise.
- Oversees and manages placement of orders based on the buying plans and ensures merchandise is delivered as per the plan based on the agreed service level agreement.
- Ensures identification of buying opportunities to source products and to ensure that business unit maintains its competitive edge by constant renegotiation.
- Ensures effective communication, collation and follow up on various product requirements and findings obtained from the sales/store data.
- Ensures maintenance of principal/supplier contacts; product demonstrations, procurement of product samples and literature.
What you will do more
- Keeps abreast of the latest trends in buying and discuss the same with the brand/category manager to assess realignment of existing processes.
- Ensures the development of periodic reports on consumer behavior, consumer trends per product etc. To facilitate decisions to maintain, liquidate or dispose-off products or continue/discontinue with the product lines.
- Manages and monitors the day to day activities of the buying team, providing guidance as and when required.
- Participates in capacity planning to determine the capacity required and ensure smooth supply of products.
Requirements for Role of Buyer
- Bachelor’s Degree in Buying and Merchandising equivalent.
- A minimum of 5 -7 years of relevant experience with at least 2 years in product buying.
Skills And Knowledge Desired
- Fluent in English and Arabic skills. (written and spoken)
- Planning and Organizing.
- Data Gathering and analysis.
- MS Office and Tools.
- Knowledge of ERP. (relevant)
- Capacity Planning Knowledge.