Assistant Buyer - Furniture (Bedroom)

Job description / Role

The job holder will be responsible for developing strategic buying plans to achieve the strategic and financial objectives of Home Box. Also, responsible to ensure smooth buying operations through Product Sourcing, vendor identification, evaluation and selection for Bedroom Department.

Vendor and Product Research

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

Vendor Management

- Develop an adequate vendor base for the company through attending Fair & Exhibitions
- Build and maintain relationships with vendors and suppliers and negotiate the best deals with them for procuring merchandise
- Maintain contact with vendors; update list 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 the new items and initiate repeat orders for the categories he is responsible based on the buying plan and ensure merchandise is delivered as per the plan based on the agreed service level agreement.
- Monitor sales and movements of the new launched products and suggest merchandise planners to initiate re-orders or to de-list the range if it is not moving
- Implement financial and credit services agreement with the vendor that maximize profit and positively contribute to cash flow

Market & Competition study

- Market & competition study in categories he is responsible and suggests new product ranges accordingly

About the Company

Founded in 1973 in Bahrain, the Landmark Group has successfully grown into one of the largest and most successful retail organizations in the Middle East. An international, diversified retail conglomerate that encourages entrepreneurship to consistently deliver exceptional value, the Group operates over 900 stores encompassing a retail presence of over 13 million sq. ft. across Middle East, India, Egypt, Turkey, Yemen and Pakistan (franchise operation). The Group employs around 31,000 employees.