Buyer

Majid Al Futtaim; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

A leading company in lifestyle sectors is seeking a Buyer for the MAF Lifestyle portfolio. The role involves developing and executing a buy strategy, managing product ranges, and collaborating with internal teams to drive growth. Candidates must have a solid fashion retail background and relevant experience in buying and merchandising.

Qualifications

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

Responsibilities

• Formulate buy strategy and plan in line with brand guidelines.
• Control aspects of stock to minimize loss of sales.
• Negotiate product pricing and monitor brand performance.

Skills

Negotiation

Analytical Skills

Product Management

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.