Buyer - Decor

Buyer - Decor

Develop strategic buying plans for the assigned department/category. Ensure smooth buying operations through vendor identification, evaluation, and selection, in compliance with the contract principles to achieve the strategic and financial objectives of the concept.

Responsibilities

• Plan, identify and select new range of products and review the existing ones.
• Analyze consumer buying patterns and predict future trends.
• Analyze customer demand, price, quality and availability.
• Maintain relationships with existing suppliers and source new suppliers for future products.
• Liaise with stores and territories to ensure supply meets demand and right product ranges are assigned in respective stores and territories.
• Support in the seasonal budget keeping in mind past performance, current trends and future events that may impact the business.
• Negotiate products for the assigned subgroups at the lowest possible price and with the most viable commercial terms.
• Partner with the Merchandise Planner to manage and control inventory levels, stock replenishment and delivery objectives.
• Review existing items to ensure products remain competitive.
• Provide a commercially viable range of merchandise at competitive prices.
• Keep up to date with market trends and react to changes in demand.
• Analyze market reports and strategize plans for the stores, then present ideas to senior management.
• Create promotional plans in conjunction with marketing.
• Conduct market visits for R & D both internationally and within territories.
• Attend trade fairs each season to assess trends and stay abreast of the current market scenario.
• Travel and meet suppliers each season and place orders to get timely deliveries.
• Train and mentor junior staff.

Job Specifications

• Ability to thrive in a high growth, entrepreneurial and ambiguous environment.
• Strong analytical, commercial, and problem‑solving skills, with a “hands‑on” attitude and a focus on fast execution.
• Good sense for trends, creativity and a thorough understanding of customer needs.
• Strong communication skills and ability to clearly communicate with different stakeholders.
• Ability to prioritize tasks and balance immediate and long‑term needs of the business while retaining agility to pivot as needed.
• Ability to recognize a new trend, item, look, technique early in its life‑cycle and deliver quickly.
• Fashion Graduate.
• 6‑8 years of product development and sourcing experience, preferably for furniture and home‑furnishing products. NIFT and Pearl Institute preferred.