Fashion Buyer | Retail | Ted Baker (Dubai, AE) Full Time

Job Requisition ID: 167858 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United A”rab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organisation to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role

The Retail Buyer coordinates, executes and manages the activities of a buying department, classification or key programs, depending on scope and complexity, and assists the Brand Manager in developing, executing and communicating a product strategy that meets or exceeds financial goals.

What you will do

Operations and Financial Product Assortment Management

• Evaluate stock performance
• Plan it with the Merch team, VM team , Ops team and store managers on weekly basis
• Build a strong relationship with the suppliers
• Conduct market studies to evaluate the prices and trends
• Create a commercial calendar and align it with the marketing team and VM launching plan
• Build strong relationship with the store team and conduct on weekly basis store calls and visits to get feedback from store and analyze accordingly
• Navigate new channels of distribution that will be aligned with elevating the brand performance
• Work closely with internal departments, such as finance, operation, VM, and BM to forecast demand, plan inventory levels, and ensure alignment of procurement activities with business needs.
• Create and plan Exclusive collection for specific countries or channels

• Asses and mitigate the risks we may have in supply chain and discuss it with the logistic team Participates in management review meetings of bottoms-up plans.

• Provides support and compiles data for senior management line reviews.

Buying

• Analyzes product trends and historical data at departmental and classification level.
• Supports and compiles data as needed to aid in developing seasonal strategies, financial targets, and open-to-buy budgets.
• Attends pre-season meetings between buying and planning.
• Travels for markets and buys against open-to-buy and assortment plans
• In-Season Management
• Ensures the financial success of area by meeting or exceeding financial targets including sales, gross margin, gross margin return on investment, and turn goals.
• Reviews weekly, monthly, quarterly and annual sales performance and marketplace information to identify sales trends and business opportunities.
• Provides input and make recommendations to manager on changes to future product assortments and strategies based on in-season analysis and observations.
• Provides input in sales forecast and open-to-buy discussions that review sales and inventory against financial goals, and recommend changes to future order quantities, deliveries, pricing or markdown strategies.
• Develops expert knowledge of customer base by participating in local store visits, evaluates product execution and point of view, gets customer and store associate feedback, communicates to manager.
• Participates in competitive analysis of both direct competitors and opinion leader stores for trend inspiration by shopping these stores.
• Learns to evaluate product assortments, quality, pricing, merchandising strategies and business opportunities.

Communication

• Develops effective relationships with partners in field organization, store operations, visual, warehouse, production, vendors, etc. to maximize opportunities and minimize risks and / or liabilities
• Participates in weekly cross-functional meetings to share information on current business issues.
• Works effectively as a member of a cross functional team by focusing on team objectives and clear communication

Staff Development

• Provides training and feedback as needed to peers, Associate and Assistant Buyers through on the job training, behavioral feedback and modelling, coaching and identifying opportunities for formal training.
• Works efficiently as a member of a cross-functional department team (Merchandising,
• Planning, and Allocation) by focusing on team objectives and clear communication.
• Collaborate closely with Store Managers and Assistant Store Managers to ensure smooth VM rollouts, minimizing operational disruptions while maintaining high presentation standards.

Required Skills to be successful

• Good verbal & written communication skills, MS Office skills, Multi-Tasker
• Knowledge of merchandise trends and their financial implications
• Knowledge of basic merchandising, planning and the retail industry
• Clear understanding of financial measurements and how to utilize them in voicing and making decisions
• Effective listening, presentation, verbal and written communication skills

What equips you for the role

Minimum Qualification and Knowledge

Education: Bachelor’s degree graduate or equivalent preferred

Minimum Experience

Minimum of 3 years in buying & merchandising experience in a fashion brand with a proven track record for driving sales and profit results and training and developing a team of individuals.

Behavioral Competencies

• Highly organized, attention to detail
• Problem Solving
• Decision Making
• Work under pressure
• Strong management skills
• Pro-active and flexible
• Able to handle numerous tasks at one time and prioritize them effectively
• Advanced skills in MS office PowerPoint presentation
• Interpersonal skills ability to interact professionally with high level executives on regular basis.
• Ability to work well with all levels of internal management and staff, as well as third party vendors
• Ability to maintain high degree of confidentiality

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

Tagged as: Al Futtaim, Assistant, automotive, Dubai, erp, fashion, healthcare, Intern, ITI, labor, learn, management, manager, marketing, retail, sales, ship, SMO, Store Manager

Source ⇲
Al Futtaim Private Company LLC - Custom Search locationMulti:(AE)