BUYING & MERCHANDISING – APPAREL

V2 Retail Ltd; Gurugram District; On-site; INR 900,000 - 1,600,000; Full time

Job summary

V2 Retail Ltd in Gurugram is seeking a Buyer / Senior Buyer to independently manage product sourcing, range building, vendor management, costing, negotiations, order placement and category performance.

The ideal candidate should have 6-7 years of experience in Apparel / Fashion Retail buying, with strong consumer-trend understanding, supplier networks and retail trading acumen across multiple categories.

Qualifications

• 6-7 years of relevant experience preferred.
• Experience in Apparel / Fashion Retail / Buying & Merchandising.
• Hands-on experience in Buying, Sourcing, Range Building and Vendor Management.
• Strong understanding of Apparel products, fabrics, trims, sizing, costing and commercial negotiations.
• Good knowledge of retail sales analysis, stock management, sell-through and replenishment.
• Strong vendor network and negotiation capabilities.
• Excellent analytical and commercial acumen.
• Strong proficiency in MS Excel and retail MIS.
• Exposure to ERP / retail planning / buying systems will be an advantage.
• Strong communication, coordination and stakeholder-management skills.
• Ability to work in a fast-paced retail environment and manage multiple categories/deadlines.

Responsibilities

• Plan and build commercially viable product ranges according to category and business requirements.
• Identify new product opportunities through market visits, trend research and competitor analysis.
• Develop the right product mix across style, colour, fabric, size, price point and depth/width.
• Work closely with internal teams for range planning, product selection and approvals.
• Source new vendors and maintain strong relationships with existing suppliers.
• Coordinate with vendors for sampling, product development, costing, quality and production.
• Negotiate cost, MOQ, lead time, payment terms and commercial conditions.
• Monitor vendor performance, delivery timelines and quality adherence.
• Analyse sales, stock, sell-through, stock ageing and product performance.
• Identify bestsellers, slow movers and opportunities for repeat orders or line extensions.
• Support replenishment, allocation and assortment decisions based on trading performance.
• Track market trends, customer preferences and competitor pricing/promotions.
• Ensure product costing and margins are aligned with business targets.
• Analyse product costs and identify opportunities for commercial optimisation.
• Ensure buying decisions are aligned with category budgets and OTB.
• Manage purchase orders and order books from placement to execution.
• Ensure accuracy of styles, quantities, colour/size ratios, costs and delivery timelines.
• Coordinate with Buying, Merchandising, Planning, Sourcing, Quality, Supply Chain, Warehouse and Store Operations.
• Prepare and analyse category-level MIS and trading reports.
• Monitor sales, inventory, sell-through, replenishment and margin performance.
• Provide product/category insights to senior management for business decisions.

Skills

Buying

Sourcing

Vendor management

Merchandising

Range development

Negotiation

MS Excel

Retail MIS

Education

Fashion / Retail Management degree

Tools

ERP systems

Retail planning software

Job description

Position

Buyer / Senior Buyer - Buying & Merchandising

Department: Buying & Merchandising

Location: Gurugram, Delhi NCR

Experience: 6-7 Years Preferred | Up to 15 Years

Employment Type: Full-Time | On-Site

Categories: Men's | Ladies | Kids

Role Overview

We are looking for a commercially strong and experienced Buyer / Senior Buyer who can independently manage product sourcing, range building, vendor management, costing, negotiations, order placement and category performance.

The ideal candidate should have strong exposure to the Apparel / Fashion Retail industry with a good understanding of consumer trends, product development, vendor networks, commercial negotiations and retail trading.

Key Responsibilities

Buying & Range Development

• Plan and build commercially viable product ranges according to category and business requirements.
• Identify new product opportunities through market visits, trend research and competitor analysis.
• Develop the right product mix across style, colour, fabric, size, price point and depth/width.
• Work closely with internal teams for range planning, product selection and approvals.
• Source new vendors and maintain strong relationships with existing suppliers.
• Coordinate with vendors for sampling, product development, costing, quality and production.
• Negotiate cost, MOQ, lead time, payment terms and commercial conditions.
• Monitor vendor performance, delivery timelines and quality adherence.

Merchandising & Category Management

• Analyse sales, stock, sell-through, stock ageing and product performance.
• Identify bestsellers, slow movers and opportunities for repeat orders or line extensions.
• Support replenishment, allocation and assortment decisions based on trading performance.
• Track market trends, customer preferences and competitor pricing/promotions.

Costing & Commercials

• Ensure product costing and margins are aligned with business targets.
• Analyse product costs and identify opportunities for commercial optimisation.
• Ensure buying decisions are aligned with category budgets and OTB.

Order & Product Execution

• Manage purchase orders and order books from placement to execution.
• Ensure accuracy of styles, quantities, colour/size ratios, costs and delivery timelines.
• Coordinate with Buying, Merchandising, Planning, Sourcing, Quality, Supply Chain, Warehouse and Store Operations for smooth product flow.

MIS & Business Analysis

• Prepare and analyse category-level MIS and trading reports.
• Monitor sales, inventory, sell-through, replenishment and margin performance.
• Provide product/category insights to senior management for business decisions.

Candidate Profile

We are looking for candidates with:

• 6-7 years of relevant experience preferred, with candidates having up to 15 years of experience also considered based on role fit.
• Strong experience in Apparel / Fashion Retail / Buying & Merchandising.
• Hands-on experience in Buying, Sourcing, Range Building and Vendor Management.
• Strong understanding of Apparel products, fabrics, trims, sizing, costing and commercial negotiations.
• Good knowledge of retail sales analysis, stock management, sell-through and replenishment.
• Strong vendor network and negotiation capabilities.
• Excellent analytical and commercial acumen.
• Strong proficiency in MS Excel and retail MIS.
• Exposure to ERP / retail planning / buying systems will be an advantage.
• Strong communication, coordination and stakeholder-management skills.
• Ability to work in a fast-paced retail environment and manage multiple categories/deadlines.

Qualification

Graduate / Postgraduate in Fashion, Apparel, Retail Management, Merchandising, Business Management, Commerce or a related field.