Buyer

Al Tayer Insignia; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading luxury retail company in Dubai seeks a Mid-Level Buyer for the Kidswear category. This role involves strategic purchasing, analyzing market trends, and ensuring optimal product availability. Ideal candidates will have a Bachelor's in Business Administration and experience in merchandising, coupled with strong analytical and negotiation skills.

Qualifications

• Bachelor's degree in Business Administration or related field required.
• Mid-level role requires proven experience in buying or merchandising.
• Strong analytical and negotiation skills are crucial.

Responsibilities

• Analyze market trends and consumer preferences to shape buying strategies.
• Plan and select merchandise based on demand and sales targets.
• Conduct purchasing activities and maintain supplier relationships.

Skills

Analytical skills

Market trend analysis

Negotiation

Leadership

Education

Bachelor of Business Administration (Management)

Job description

Bachelor of Business Administration (Management)

Nationality: Any Nationality

Vacancy: 1 Vacancy

Job Description

About Us
As a leader in luxury retail in the Middle East, Al Tayer Group's retail division, Al Tayer Insignia, hosts a portfolio of some of the world's best luxury brands in fashion, jewellery, home, and department store categories. It has also expanded into lifestyle retail, representing brands in Beauty, Home, Fashion, and Hospitality sectors. Our brands include Bloomingdales, Harvey Nichols, and Armani.

About the Role

The Buyer for department stores is responsible for the Kidswear category across our multi-luxury brands in the region. This role involves developing buy strategies, planning, projecting, and identifying product requirements, purchasing quantities that meet customer needs, maximizing profits, and offering a commercially viable product range. The role requires enthusiasm, energy, and a commitment to creating an exceptional shopping experience.

What You'll Be Doing

Strategic Roles and Responsibilities:

• Analyze market trends, consumer preferences, sell-through rates, seasonal demands, etc., to formulate buying strategies aligned with consumer and store demands.

Functional Roles and Responsibilities:

• Plan and select merchandise range, type, quality, and quantity based on customer demand, trends, store policies, and set prices, aiming to meet sales targets in collaboration with the Division Merchandise Manager/GMM.
• Conduct purchasing activities according to brand purchase plans.
• Stay updated on market trends and competitor activities.
• Maintain profitable relationships with suppliers and monitor contract adherence.
• Monitor stock levels, coordinate with planning teams to ensure optimal inventory based on demand.
• Support promotional activities, ensuring merchandise availability in the right quantities and timing.
• Assist PR and Marketing teams in product selection for campaigns.
• Negotiate with suppliers for staff training on products, and manage brand training to keep staff updated on new products and trends.
• Review sales and buying feedback reports weekly, providing strategic recommendations.
• Prepare reports analyzing sales, consumer trends, and stock management to guide buying decisions.
• Conduct store visits to review brand performance and monitor competitor activities.

People Management Roles and Responsibilities:

• Provide leadership and guidance to subordinates to achieve goals and objectives.
• Motivate and develop staff for higher roles, ensuring performance excellence.

Job Details

Role Level: Mid-Level

Work Type: Full-Time

Country: United Arab Emirates

City: Dubai

Company Website: [URL not provided]

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