Responsible for creating & implementing buying and product strategy and tactical plans for kids dept.
Products must reflect the retail trends at best commercial value, thereby ensuring delivery of sales and margins for the department.
Responsible for ensuring smooth buying operations through effective product planning, negotiation with suppliers,
Adequate stock management to meet the strategic goals of the department.
Build and communicate product strategy per season.
Have good understanding of trend and customer and convert the same into commercial product.
Responsible for negotiating the price and ensuring delivery arrangements with Suppliers/Vendors within a set timeline.
Build good communication with diff stake holders like design, planning, retail, sourcing, Quality and E-comm teams for the process of range direction and selection.
Maintain a good retail interface with territories on stock management and product feedback.
Liaise with VM & marketing team for effective product launch, visual display & media campaigns.· Deliver the sales and profit targets for the department.
Determine the buying requirements and formulates the buying plan along with planning as per budget for the assigned category, based on the analysis of the historical trends and future forecasts.
Identify and shortlist potential vendors as partners and negotiating the cost in line with desired level of margins.
Assure pre-production quality check is executed in a timely manner with quality control team collaboration.
Critical path management from merch direction to final stock received.
Provide inputs to sourcing department for sourcing strategy for the department.
Ensure constant cost reduction measures through centralized bulk buying and/ or selecting appropriate vendor mix
Review of shipment tracking and product approvals.
Conduct periodic store visits along with business manager to collect feedback from the stores and about competition to benchmark product range, quality and pricing
Gather information on fashion trends through trade shows/inspirational trips and utilise the same in building competitive product proposition.
