Trainee, Buying Operations

Saks Fifth Avenue Llc; India; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Comprehensive benefits

Equal opportunity employer

Job summary

Exemplar Luxury Group in India seeks a competent Buying Operations professional to process POs, coordinate with vendors, and manage replenishment inventory. The role requires strong Excel skills, data analysis, and collaboration with Merchandising and planning teams across regions.

Opportunity to contribute to an expanding luxury retail distribution network, with comprehensive benefits and growth prospects within the company.

Qualifications

• Graduate/PG. required.
• Experience in retail with supply chain knowledge preferred.
• Strong analytical and Excel skills; detail-oriented with data interpretation capabilities.
• Strong planning and operational skills.
• Proficient in Excel and MS Office tools.
• Team player with collaboration skills; good communication with vendors and internal teams.

Responsibilities

• Process purchase orders accurately and timely using relevant tools.
• Coordinate with vendors and suppliers for order details, delivery schedules, and resolve discrepancies.
• Prioritize orders based on urgency and SLA requirements.
• Collaborate with Planners and Buyers to manage replenishment inventory through forecasting and stock management.
• Understand concepts of stock minimums, maximums, safety stock, lead time, and store-to-store transfers.
• Maintain in-stock goals through effective product distribution and balancing.
• Analyze sales history to develop allocation strategies and optimize store inventory levels.
• Provide regular reports on order status, vendor performance, and operational metrics.

Skills

Analytical

Advanced Excel

Problem solving

Data management

Statistical concepts

Planning

Operational skills

Vendor liaison

Education

Graduate/PG.

Tools

MS Office

Job description

Job Description: Who Are We: Exemplar Luxury Group, formerly Saks Global, is the luxury collective that comprises iconic luxury retailers, Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. Driven by a relentless devotion to our customers and powered by our talented colleagues, we offer curated product assortments, unparalleled service and personalized experiences across our integrated retail model. Through strong partnerships with the world's most esteemed names in luxury and deep customer relationships enhanced by the industry's most comprehensive insights, Exemplar Luxury Group is uniting coveted brands with unrivaled customer experiences.

Role Summary

Reports to Manager - Buying Operations. Works closely with Merchandising Planning, Sample and buying teams in North America and other teams as necessary.

Key Qualifications

• Graduate/PG.
• Preference will be work experience in retail industry with working knowledge in supply chain
• Analytical, advanced Excel, problem solving skills, eye to detail Data management and interpretation using statistical concepts
• Strong planning and operational skills
• Proficiency in Excel and good knowledge of other MS Office tools
• Team player with strong collaboration skills
• Highly motivated and committed to the development of high-quality work
• Excellent communication skills to liaise effectively with vendors and internal teams

Role Description

• Process purchase orders (POs) accurately and timely using relevant tools
• Coordinate with vendors and suppliers to confirm order details, delivery schedules, and resolve discrepancies
• Prioritize orders based on urgency, business needs, and service level agreements (SLAs)
• Collaborate with Planners, Buyers and other relevant stakeholders to manage Replenishment inventory through accurate forecasting and rectifying all relevant components to achieve department-in-stock goals
• Has the concept/grasp of Stock-store Minimums/Presentation minimum, Maximums, Safety stock, Review Time, Lead time, Store to store transfers etc
• Stock Balancing: Maintain in-stock goals through effective product distribution.
• Analyze sales history and trends to maximize sales potential by developing allocation strategies that maintain proper store inventory levels
• Provide regular reports on order status, vendor performance, and operational metrics

Your Life and Career at Exemplar Luxury Group

Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate Comprehensive benefits package for all eligible full-time employees

• Comprehensive benefits package for all eligible full-time employees

Exemplar Luxury Group is an equal employment opportunity employer and is committed to providing reasonable accommodations to applicants with disabilities. Exemplar Luxury Group is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world. On its website and app, Exemplar Luxury Group offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Exemplar Luxury Group for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.