Buyer

Majid Al Futtaim; Dubai; On-site; AED 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a dynamic Buyer to lead the product assortment for a renowned lifestyle brand. This role involves crafting a strategic buying plan, negotiating with vendors, and analyzing brand performance to enhance profitability. The ideal candidate will possess a strong background in fashion retail, with a keen understanding of market trends and customer needs. Join a collaborative environment where you will work closely with various teams to achieve common business goals and make a significant impact on product offerings. This position offers a unique opportunity to shape the brand's success in the competitive market.

Qualifications

• 3-4 years of experience in Buying and Merchandising roles.
• Fashion retail background is mandatory.

Responsibilities

• Implement buy strategy for the assigned brand to drive growth.
• Negotiate pricing and terms with local vendors for profitability.
• Monitor brand performance and initiate corrective actions.

Skills

Buying Strategy

Negotiation Skills

Inventory Management

Brand Perception Analysis

Data Analysis

Education

Bachelor's Degree in Business Management

Qualification in Retail Management

Job description

JOB TITLE

Buyer | MAF LifeStyle | Hollister

Role Summary

The Buyer will be responsible for implementing the buy strategy for the assigned brand and building a product assortment that meets customer needs, and drives the growth of the Majid Al Futtaim Lifestyle business. The Buyer will support the General Manager Merchandising in highlighting short and long-term strategic approaches, future growth opportunities, and areas of risk for the business with regards to product ranging, allocation, inventory, brand perception, pricing, and margin.

ROLE PROFILE

• Formulate a suitable buy strategy and plan in line with Brand and Majid Al Futtaim Lifestyle guidelines.
• Purchase commercial and profitable product ranges to maximize profitability and sales.
• Control all aspects of stock to minimize loss of sales and balance product mix through consistent and rigorous in season analyses.
• Negotiate product pricing, cost of shipment, payment terms, and intake margin with local vendors, taking into consideration business and cost effectiveness as the main consideration.
• Monitor brand performance, initiating corrective action where necessary to ensure operations are conducted within the agreed financial parameters.
• Deeply understand brand perception, product feedback, and product requests by regularly visiting stores and interacting with the store teams.
• Nurture a strong working relationship with the Planning, Finance, Digital, Logistics, and Operations teams to drive common business goals.
  
  

Requirements

• A Bachelors’ Degree, preferably in Business Management, Marketing or related field.
• Qualification in Retail Management.
• 3-4 years of experience in a Buying and Merchandising role.
• Fashion retail background is mandatory.