Job description
Job Summary
Experienced Buyer, managing higher complexity luxury brands or portfolio. Using it’s in-depth knowledge to optimize Sell Trough Rates and grow the business.
Responsible for the selection on a Luxury Brand / Shop merchandise and its assortment. He will use quantitative information regarding Sales, Best Selling Items, Stock Coverage and others; alongside quality data as Fashion trends, cultural fit, general customer feedback to leverage seasonal sales.
In their endeavor to excellence, the fundamental values all our employees must possess are Commitment, Integrity, Empathy and Flexibility
PRE - BUYING
- Analyzing specific country/shop market data regarding:
- Sales Turn Over
- Best Sellers
- Slow Movers
- Trends in Country
- Shop location & targeted customer
- Stock Coverage
- Sales Target / Budget for specific shop / country
- Prepares a pre-buying report
BUYING
- Meets suppliers & negotiates Terms of Purchase
Consider in terms of buying
§ Fashion trends
<span “font-family:calibri,sans-serifmso-ascii-theme-font:=”” minor-latin;”=””>§ Culture
§ Gender
- If applicable, review collection bought equate if any change can be incorporated in production : Size / length / Color
POST-BUYING
- Build a Presentation of the Buying (items acquired) for:
- Informational Purposes for management (regional & country)
- Training purposes for shops & shop staff
- Presentation of the specific products
- Present key brand recommendations
STOCK MANAGEMENT & OVERALL SELL THROUGH
- Work together with Brand Analysts to Monitor the Sell Through Rate up to 60% Sell Trough (in terms of value vs seasonal merchandise) on a Region Level:
- Act & Liaison with Brand Analysts for Recovery Plan if required
- Work together with Brand Analyst to ensure Stock Management is up to par with Turn Over (turn over during 1 year, 120 days, 90 days)
SUPPLIER MANAGEMENT
- Build & Maintain Vendor Relationship in a win/win measurement
- Monitors Merchandise Shipment up to Shop Receives it.
BUDGET MANAGEMENT
- Provides accurate input for budget preparation
ONGOING ACTIVITIES
- Work together with Brand Analysts to ensure accurate Customer Profiling
- Anticipates Future Trends
- Monitors the Competition
- Visit the shops (half a day / week) - visual checking
- Act as Mentor & Coach for lower Level Buyers
Job description
Job Summary
Experienced Buyer, managing higher complexity luxury brands or portfolio. Using it’s in-depth knowledge to optimize Sell Trough Rates and grow the business.
Responsible for the selection on a Luxury Brand / Shop merchandise and its assortment. He will use quantitative information regarding Sales, Best Selling Items, Stock Coverage and others; alongside quality data as Fashion trends, cultural fit, general customer feedback to leverage seasonal sales.
In their endeavor to excellence, the fundamental values all our employees must possess are Commitment, Integrity, Empathy and Flexibility
PRE - BUYING
- Analyzing specific country/shop market data regarding:
- Sales Turn Over
- Best Sellers
- Slow Movers
- Trends in Country
- Shop location & targeted customer
- Stock Coverage
- Sales Target / Budget for specific shop / country
- Prepares a pre-buying report
BUYING
- Meets suppliers & negotiates Terms of Purchase
Consider in terms of buying
§ Fashion trends
<span “font-family:calibri,sans-serifmso-ascii-theme-font:=”” minor-latin;”=””>§ Culture
§ Gender
- If applicable, review collection bought equate if any change can be incorporated in production : Size / length / Color
POST-BUYING
- Build a Presentation of the Buying (items acquired) for:
- Informational Purposes for management (regional & country)
- Training purposes for shops & shop staff
- Presentation of the specific products
- Present key brand recommendations
STOCK MANAGEMENT & OVERALL SELL THROUGH
- Work together with Brand Analysts to Monitor the Sell Through Rate up to 60% Sell Trough (in terms of value vs seasonal merchandise) on a Region Level:
- Act & Liaison with Brand Analysts for Recovery Plan if required
- Work together with Brand Analyst to ensure Stock Management is up to par with Turn Over (turn over during 1 year, 120 days, 90 days)
SUPPLIER MANAGEMENT
- Build & Maintain Vendor Relationship in a win/win measurement
- Monitors Merchandise Shipment up to Shop Receives it.
BUDGET MANAGEMENT
- Provides accurate input for budget preparation
ONGOING ACTIVITIES
- Work together with Brand Analysts to ensure accurate Customer Profiling
- Anticipates Future Trends
- Monitors the Competition
- Visit the shops (half a day / week) - visual checking
- Act as Mentor & Coach for lower Level Buyers
Job description
Job Summary
Experienced Buyer, managing higher complexity luxury brands or portfolio. Using it’s in-depth knowledge to optimize Sell Trough Rates and grow the business.
Responsible for the selection on a Luxury Brand / Shop merchandise and its assortment. He will use quantitative information regarding Sales, Best Selling Items, Stock Coverage and others; alongside quality data as Fashion trends, cultural fit, general customer feedback to leverage seasonal sales.
In their endeavor to excellence, the fundamental values all our employees must possess are Commitment, Integrity, Empathy and Flexibility
PRE - BUYING
- Analyzing specific country/shop market data regarding:
- Sales Turn Over
- Best Sellers
- Slow Movers
- Trends in Country
- Shop location & targeted customer
- Stock Coverage
- Sales Target / Budget for specific shop / country
- Prepares a pre-buying report
BUYING
- Meets suppliers & negotiates Terms of Purchase
Consider in terms of buying
§ Fashion trends
<span “font-family:calibri,sans-serifmso-ascii-theme-font:=”” minor-latin;”=””>§ Culture
§ Gender
- If applicable, review collection bought equate if any change can be incorporated in production : Size / length / Color
POST-BUYING
- Build a Presentation of the Buying (items acquired) for:
- Informational Purposes for management (regional & country)
- Training purposes for shops & shop staff
- Presentation of the specific products
- Present key brand recommendations
STOCK MANAGEMENT & OVERALL SELL THROUGH
- Work together with Brand Analysts to Monitor the Sell Through Rate up to 60% Sell Trough (in terms of value vs seasonal merchandise) on a Region Level:
- Act & Liaison with Brand Analysts for Recovery Plan if required
- Work together with Brand Analyst to ensure Stock Management is up to par with Turn Over (turn over during 1 year, 120 days, 90 days)
SUPPLIER MANAGEMENT
- Build & Maintain Vendor Relationship in a win/win measurement
- Monitors Merchandise Shipment up to Shop Receives it.
BUDGET MANAGEMENT
- Provides accurate input for budget preparation
ONGOING ACTIVITIES
- Work together with Brand Analysts to ensure accurate Customer Profiling
- Anticipates Future Trends
- Monitors the Competition
- Visit the shops (half a day / week) - visual checking
- Act as Mentor & Coach for lower Level Buyers
Desired Skills and Experience
Education
University Degree in Business or Marketing
Previous Experience
3 - 5 years of relevant experience
GCC/MENA experience is a plus
Linguistic Skills
English
Arabic
French
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