Sr. Buyer (Safat Home)
Date: 22 Nov 2024
Location: KW
Company: Alghanim Industries
Long Description
Job Summary
To drive profitable sales and enhance customer satisfaction by developing and executing a comprehensive product range to the buying critical path. Sourcing, negotiating, and managing a portfolio of products that align with the company's customer, brand positioning and financial objectives.
Job Responsibilities
- Strategic Category Management: Develop and implement category strategies to optimize product mix, pricing, and profitability. Conduct market analysis, identify trends, and deliver product innovation.
- Supplier Relationship Management: Build and maintain strong relationships with key suppliers to ensure product quality, timely delivery, and competitive pricing. Negotiate contracts and drive cost reduction initiatives.
- Financial Performance: Achieve and exceed sales, margin, and inventory turnover targets. Conduct regular performance analysis with merchandising and take corrective actions as needed.
- Team Leadership: Lead and develop a high-performing Junior/Assistant Buyer. Set clear expectations, provide guidance, and foster a collaborative work environment.
- Cross-Functional Collaboration: Collaborate effectively with design, merchandising, sourcing office, marketing, sales, VM and operational teams to ensure seamless product lifecycle management.
- Market Analysis: Monitor market trends, competitor activities, and customer preferences to identify opportunities and mitigate risks.
- Driving Sales: Lead a culture of driving sales & profits with junior team members and cross functionally
- Digital: work closely with the merchandising, online and marketing teams to deliver online product strategy
Candidate Requirements
- At least 5 years buying & product development experience
- In-depth knowledge of and experience in buying & product development in Home Furnishings
- Professional development in retail strategy / category management
- Excellent analytical skills and aptitude to draw out plans and assess accurately the market needs for the category
- Excellent written and verbal communication skills
- Excellent MS office skills + knowledge of SAP or Business Objects preferred
- Strong relationship building skills
- Strong negotiation skills
- Organizational leadership skills
- Attention to detail / analytical
- Superior drive + follow up
Education
Bachelor’s Degree