Buyers and Assistant Buyers - Furniture , Home Box

Landmark Group; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

A retail management company based in Dubai is looking for a Buyer for their Furniture department. This role involves developing strategic buying plans, managing vendor relationships, and ensuring effective product sourcing. The ideal candidate should have 4-10 years of relevant experience in the furniture retail industry, possess strong negotiation and analytical skills, and have a deep understanding of product costing. This is an exciting opportunity to contribute to the company's competitive edge in the market.

Qualifications

• 4-5 years experience for Assistant Buyer; 8-10 years for Buyer in Furniture buying from Retail industry.
• Strong understanding of costing of key materials.
• Good knowledge of furniture sourcing from key countries.

Responsibilities

• Develop strategic buying plans to meet objectives.
• Manage vendor relationships and negotiate deals.
• Place orders and monitor product sales and movements.

Skills

Vendor management

Strong negotiation skills

Planning and organizing skills

Strong analytical skills

Attention to details

Market research

Understanding of costing

Commercial business acumen

Job description

Buyer – Furniture

The job holder will be responsible for developing strategic buying plans to achieve the strategic and financial objectives of Home Box. Also, responsible to ensure smooth buying operations through Product Sourcing, vendor identification, evaluation and selection for Bedroom Department.

Vendor and Product Research

Keep abreast of the latest trends in buying and assess realign the existing processes

Identify and leverage alternate buying opportunities to source products and to ensure that company maintains its competitive edge by constant renegotiation

Ensure effective communication, collation and follow‑up on various product requirements and findings obtained from the sales/store data

Gather information from Industry trade groups or through trade shows/market visits

Vendor Management

Develop an adequate vendor base for the company through attending Fair & Exhibitions

Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise

Maintain contact with vendors; update list of vendors for bidding purposes; attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities and confer with end users

Identify, evaluate and select appropriate vendor mix to achieve business objectives

Order Management

Place orders for the new items and initiate repeat orders for the categories he is responsible based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement.

Monitor sales and movements of the new launched products and suggest merchandise planners to initiate re‑orders or to de‑list the range if it is not moving

Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow

Market & Competition study

Market & competition study in categories he is responsible and suggests new product ranges accordingly

Skill

• Must have 4-5 years (Assistant Buyer) and 8-10 years (Buyer) of relevant experience from Furniture (Bedroom) buying and preferably from Retail industry.
• Strong understanding of Costing of key materials.
• Good knowledge of Furniture sourcing by importing from key countries.
• Attention to details on product specifications.
• Vendor management & Strong negotiation skill.
• Planning and organizing skills.
• Strong Analytical skills.
• Commercial business acumen.
• Market research & Competition study.