Buyer cum Merchandiser
2 days ago
Job Overview:
The Retail Buyer cum Merchandiser is responsible for end-to-end buying and procurement of products that meet the company's sales targets, brand positioning, and customer demands. This role plays a crucial part in selecting the right product mix, maintaining optimal stock levels, managing supplier relationships, and supporting retail growth through strategic assortment planning.
You will handle both high-level product selection and the operational execution of purchasing activities — ensuring the right products are available at the right time, in the right quantity, and at the right cost.
Key Responsibilities:
1. Buying & Product Selection
- Identify and evaluate products that fit the retail brand's target market, trends, and business goals.
- Source new products and brands to continuously refresh assortment and meet evolving consumer preferences.
- Work with the marketing and retail team to plan product launches, bundle sets, or campaign-featured items.
2.Merchandising & Planning
- Plan assortments by store and seasonality.
- Monitor sell-through performance and adjust replenishment/markdown strategies.
- Work closely with marketing and retail operations to align on product launches, campaigns, and promotions.
- Ensure visual merchandising standards are met to highlight key products and drive sales
3. Supplier & Vendor Management
- Liaise and negotiate with suppliers on pricing, MOQ, lead time, payment terms, and exclusivity where applicable.
- Build long-term relationships with key suppliers and maintain a reliable vendor pool.
- Monitor supplier performance and manage quality-related feedback or issues.
4. Procurement & Order Management
- Issue and manage purchase orders (POs), monitor deliveries, and coordinate shipment logistics.
- Track order status, resolve delivery discrepancies, and ensure accurate documentation (invoices, DOs, etc.).
- Work with warehouse/logistics to ensure smooth inbound & outbound flow of stock.
5. Inventory Planning & Stock Replenishment
- Monitor stock levels and sales performance across retail outlets and channels.
- Plan timely replenishment to avoid stockouts and reduce overstocking or slow-moving inventory.
- Coordinate inter-store stock transfers or rebalancing where needed.
6. Cost & Margin Management
- Ensure buying decisions meet gross margin targets and price competitiveness.
- Regularly review product costs and negotiate better terms when possible.
- Propose pricing strategies based on product positioning, cost, and market trends.
7. Reporting & Analysis
- Analyze product performance (sell-through, margin, aging) and make data-driven decisions for reorders or markdowns.
- Prepare buying reports, PO summaries, and assortment planning decks for review with management.
- Forecast future buying needs based on seasonality, trends, and business targets.
Requirements:
- Diploma/Degree in Business, Supply Chain, Retail Management, or related field.
- 2–4 years experience in retail buying and/or purchasing, preferably in racket sports, football, related.
- Strong negotiation, organization, and analytical skills.
- Detail-oriented with ability to manage multiple SKUs and tight timelines.
- Proficient in Excel, inventory systems, or ERP tools.
- Passionate about retail trends and customer behaviour.
- Strong knowledge & Passion for football and familiarity with global/local football brands is a plus.
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