SUMMARY OF FUNCTIONS AND RESPONSIBILITIES:
Plan and select the range, type and quantity of products according to: customer demand (. price, quality and availability); trends; store policy & budget. Understand customer needs in order to maximize profits. Ensure selecting the most appropriate goods and services on the basis of price, quality, delivery times and services support
RESPONSIBILITIES:
1. Analyze consumer buying patterns and predict future trends
2. Source new and review existing merchandise to ensure that products remain competitive.
3. Forecast price trends and their impact on future activities; process price changes in coordination with suppliers and buying administration without violating Virgin’s procedures
4. Understand customer needs in order to maximize profits and provide a commercially viable range of merchandise at competitive prices.
5. Develop the best buying strategies with a view to maintaining consistent quality and managing costs.
6. Provide stores with display guidelines for a relieving store appearance
7. Execute regular communicated store visits
8. Review regularly performance indicators with sales
9. Manage plans for stock levels (RTV’s, campaigns, etc..) stay up to date with market trends and react to changes in demand
10. Provide full information about products to Catalogue department for creation
11. Submit complete supplier information along with required legal documents to Buying Admin for approval and creation
12. Process purchase orders for stock replenishment and new releases, follow up on reception with specific time frame and review orders received for accuracy and condition of merchandise
13. Give presentations about market analysis and possible growth
14. Meet suppliers, negotiate terms of contract (specify quality, quantity & delivery schedules) and monitor their progress
15. Ensure suppliers are aware of business objectives
16. Execute transfers once a week in limited quantities
17. Keep contract files and use them as reference for the future
18. Maintain relationships with existing suppliers, source new suppliers for future products and identify potential suppliers
19. Liaise with other departments within the organization to ensure projects are completed
20. Participate in promotional activities
21. Write reports and sales forecasts, and analyze sales figures
22. Liaise with shop personnel to ensure product/collection supply meets demand; communicate new releases, campaigns, transfers, RTV’s, etc.. ahead of time
23. Take part in inventory counts of related department (preparations, process and variance report study)
24. Seek merchandise feedback from customers
25. Train and mentor junior sales
26. Other duties as assigned
Job Details
| Date Posted: | 2014-02-24 |
| Job Location: | Jeddah , Saudi Arabia |
| Job Role: | Marketing/PR |
| Company Industry: | Retail/Wholesale |
Preferred Candidate
| Career Level: | Mid Career |
| Degree: | Bachelor's degree / higher diploma |
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Date Posted: February 24, 2014 at 10:50AM
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Buyer - Virgin Megastore
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