Buyer

Majid Al Futtaim; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading retail company in Dubai is seeking a Buyer for its Lifestyle brand. The ideal candidate will have 3-4 years of experience in buying and merchandising, preferably in the fashion retail sector. This role involves implementing buy strategies, negotiating with vendors, and building product assortments that drive sales. The successful applicant will need a bachelor's degree and retail management qualification, along with strong analytical and negotiation skills.

Qualifications

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

Responsibilities

• Implement the buy strategy for the assigned brand.
• Build product assortments that meet customer needs.
• Purchase profitable product ranges to maximize sales.
• Negotiate product pricing and payment terms.
• Monitor brand performance and initiate corrective actions.

Skills

Strategic planning

Negotiation

Analytical skills

Relationship management

Education

Bachelor's Degree in Business Management or Marketing

Qualification in Retail Management

Job description

Overview

Buyer | MAF LifeStyle | Hollister

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.