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Job description / Role
Objectives: Responsible for assessment and purchasing of toys for retail sale. The incumbent is responsible for selecting the toys to be sold in the stores, and consequently the product assortment, product availability and competitive pricing. Leads market assessment and demand management analysis, responsible for contract negotiation and vendor management.
Main responsibilities:
- Responsible for sourcing and delivering a commercially successful range of toys
- Building and maintaining relationships with suppliers; sourcing new suppliers and negotiating terms of contract including price, quality, availability, rebates etc.
- Negotiate working relationships that maximise margin and minimise risk
- Perform risk management for supply contracts and agreements
- Review and determine supplier fit with overall strategy on a annual basis and optimum routes to market for each category
- Predicting seasonal best sellers, core lines and future trends
- Completing regular competitor shops and market analysis reports
- Budget management for all category ranges
- Design, develop and implement the overall buying strategy for the company
- Agree and deliver forecasted sales, stock and profit targets in line with range plan, ensuring agreement with the General Manager
- Devise and utilize fruitful procurement and sourcing strategies
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Approve the ordering of necessary goods and services, finalizing purchase details of orders and deliveries
Reporting to: General Manager
Requirements
University Qualifications: Bachelors Degree in Business Administration or relevant field
Nature and length of previous experience: Minimum of 5 years experience working in procurement/buying
Skills and Personality traits:
- Ability to work in a fast paced high volume environment while under pressure
- Attention to detail and accuracy
- Planning and organizing in order to meet deadlines
- Time management
- Results driven
- Ability to multi task
- Flexible and adaptable
- Problem solving skills
Language Fluency: English
About the Company
Al Mana is one of the largest and most diversified groups in the region, operating over 55 companies in 8 countries and employing over 3500 personnel. Industries that we operate in include automotive distribution and services, real estate and investments, retail and luxury fashion, F&B, engineering, technology, media and entertainment. The group covers most areas of retail including luxury goods, beauty, fashion, home interiors, watches and jewellery. Operating over 300 outlets, Al Mana represents some of the largest and most successful brands in the world.