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Sr. Buyer Merchandiser

Company Name: Al Futtaim Private Company LLC
Employment Type:Full Time
Location: UAE
Experience: 5+ years
Degree: Bachelor
Gender:Any
Age:Any  
Nationality: Any
Salary:Unspecified
No. Of Vacancies:1
Job Description:
Overview of the role:
Sr. Buyer Merchandiser is responsible for identifying & delivering a range appropriate to the region, whilst working with the UK to ensure product & pricing strategy are correct and relevant for the MENA region and there by achieve the Key Business KPI’s of Sales, Cash Margin, Markdown Cost and Closing Stock.
 
What you will do:-
Description of Accountability:
 
BUSINESS PLAN AND DELIVERY OF KEY KPI’s
Continuously search for Business Opportunities to increase Sales and Cash Margin
In depth knowledge of BU, Markets operated in and Key Competitor’s
Recommends & produces analysis to make good forward planning decisions
Maintains BU WSSI
 
SALES AND OTB PLANNING
Assists & supports senior merchandiser with planning appropriate Sales and Cash Margin by Department/Range/store
Assists in planning appropriate Space for each Department/ Range in each Store
Assists in planning appropriate OTB and Options by T Department/Range
Cut OTB: Core v Fashion Flow v Fashion
Assist in planning appropriate e-Commerce Buy
 
RANGE DETAIL PLANNING
Management of Core Template to size level to drive Core Availability
Size Cut analysis & recommendation by Department/ Market
Plan appropriate Good/ Better/ Best Offer
Sufficient Volume on Key OPP’S
Appropriate Colour Balance
Authoritative Product Statements on Hero Product
 
PRODUCT SELECTION
Detailed Preparation for UK Buying Fairs
Assist in developing a clear IBO Strategy
Confident Product Selection and Range Balancing
Ensure buys are in line with the shop visual plan strategy
Opportunity Buys to Support Marketing Strategy
Spend Control
Margin Optimization
Right balance of core & fashion
 
TRADE
Attend weekly team meeting and suggest actions to drive business
Prepare Weekly Store Communication (GM Action News)
Manage Allocation Blueprint
Manage Replenishment Strategy by Type of Product/ Market
Recommend consolidations to the Senior merchandiser
Assist in implementation of a robust Promotional Calendar
Assist in implementation of a robust Innovations Communication
Ensure Opening Price Points well executed and Messaged In-Store
Effective Markdown Management – controlling Shop in Shop
Statements but clearing Seasonal Lines
 
MARKET AWARENESS
Conduct Quarterly Comp Shops
Report on Key Actions to remain Price Competitive
Report on Key Missed Opportunities
Assist in conducting Bi – annual SWOT with Store Champions
Engage in store visits
 
STAKEHOLDER ENGAGEMENT
Build Good Relationships with colleagues within M&S
Build good relationships with M&S Operations Team, VM Team and Marketing Team
Build good working relationship with UK
 
LEADING  PEOPLE
Guide & train Assistant merchandiser & allocator to develop into the next role
Be involved in appraisals
 
Required Skills to be successful:
Interpersonal Skills.
Problem analysis and problem-solving
Delighting Our Customers
Collaboration 
Managing Complexity 
Taking Initiative
Drive for Results
 
What equips you for the role:
Bachelor Degree (Masters Preferred)
5+ years’ experience in Fashion Buying and Merchandising
Experience within a retail buying environment in MENA and/or Europe and experience of UK/European brands.
Able to handle Complexity
Excellent Planning and Organizing Skills
Attention to Detail
Highly Numerate
Product Confident
Good Communicator
Optimistic Attitude
Works at Pace with an Impatience to get things Done
Cultural Awareness
Womenswear or Middle East Experience preferred
Graduate or Graduate Calibre
Good working knowledge of Excel
Knowledge of SAP an additional advantage