Assistant Buyer-Kids

Experience- 1-3 Years Role and Responsibilities · To contribute to the development of the divisional Buying and Merchandising strategy and to work within this strategy at all times. · To work with merchandising team to ensure that all deliveries satisfy the assigned purchase orders. · Identify possible future product offerings by conducting thorough research about what customers are looking for next and the technological trends that are coming up. · Plan pricing strategies on various product lines with the marketing department and management and aim to reach an agreement with suppliers that allow for optimal pricing. · Developing and sourcing the right product at the right time to meet customer requirements · Maximizing current sourcing channels and identifying new opportunities · Supporting negotiations and working with supply base to ensure that best costs and margins are achieved · Working closely with Designers on developing styles; design research trips, fabric & print advice and informing best sellers for move-on styles. · Working closely with Merchandising; management of stock, style options, quantities, promotions and markdowns. · Keeping a track of Competitor’s activities through market research activities to track understand trends, forecasting, in terms of color, fabric etc · Product presentation, packaging and Product development and develop promotional plans · Review and adjust the season plans and weekly plans · Product presentation, packaging and Product development and develop promotional plans · Vendor identification and development · Obtaining Range merchandise after effective negotiation · To work with Marketing and Design to develop Visual Merchandising promotions in line with theme and product launches · Ensures timely delivery of samples by vendors · Setting of standards for quality of merchandise with QA · Reconcile to store plans and fix departmental financial plans · Supporting negotiations and working with supply base to ensure that best costs and margins are achieved · Working closely with Merchandising; management of stock, style options, quantities, promotions and markdowns. · To conduct the annual review of supplier performance with QA. · To pursue and recover all money due from vendors as a result of performance penalties or markdown and promotional contributions. · To regularly update the front-end on key product benefits Qualifications and Education Requirements Graduate/Diploma in design/apparel merchandising, NIFT (GMT/FD/Textile /KDT/D&D), Pearl academy (IFTP)

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