Assistant Buyer_Decor

Role Overview

Assistant Buyer – Decor at Land Mark. This role develops strategic buying plans for assigned departments and categories while ensuring smooth buying operations through vendor identification, evaluation, and selection in compliance with contract principles to achieve strategic and financial objectives.

Role Purpose

To develop and execute strategic buying plans for the Decor category, manage vendor relationships, conduct product and trend research, and drive order management to maintain competitive advantage and achieve business objectives.

Key Responsibilities

Vendor & Product Research and Trend Analysis

• Monitor the latest trends in buying and assess and realign existing processes.
• Identify and leverage alternate buying opportunities to source products and ensure the company maintains its competitive edge through constant renegotiation.
• Ensure effective communication, collation and follow-up on various product requirements and findings obtained from sales and store data.
• Gather information from industry trade groups through trade shows and market visits.

Vendor Management

• Develop an adequate vendor base for the company through attending fairs and exhibitions.
• Build and maintain relationships with vendors and suppliers and negotiate the best deals for procuring merchandise.
• Maintain contact with vendors and update lists of vendors for bidding purposes.
• Attend product demonstrations, obtain samples and literature regarding potential products and vendor capabilities, and confer with end users.
• Identify, evaluate, and select appropriate vendor mix to achieve business objectives.

Order Management

• Place orders for new items and initiate repeat orders for assigned categories based on the buying plan and ensure merchandise is delivered as per plan and agreed service level agreements.
• Monitor sales and movements of newly launched products and suggest to merchandise planners to initiate re-orders or de-list ranges not moving.
• Implement financial and credit services agreements with vendors that maximize profit and positively contribute to cash flow.

Market & Competition Study

• Conduct market and competition study in assigned categories and suggest new product ranges accordingly.

Qualifications & Experience

• NIFT or Pearl Graduate.
• 3–4 years of product development and retail sourcing experience for home furnishing and decor products.