Assistant Buyer

Livspace

About the Role

Drive sales and service demand optimally in the assigned category for the concept by ensuring the availability of the right product and brand mix at the right time.

Key Responsibilities

• Product Planning

• Understand prevailing international market trends and customize them for the domestic market.

• Align buying with the plan and drive sales, margin, and inventory for the category as per budget.

• Ensure range presentation is submitted to concerned stakeholders at defined periods.

• Define min max and inner/outer carton quantities.

• Planogram new ranges and concepts based on stock density.

• Initiate buying as per OTB and ensure timely delivery and availability of right stocks at the store.

• Ensure timely and efficient implementation of the buying and seasonal calendar.

• Ensure on-time orders and re-orders are aligned to financial norms.

• Manage the end-to-end process of product PO, confirmations, inspections, shipments, and deliveries.

• Prepare FABs and training modules for the assigned category.

• Product Presentation

• Ensure timely implementation of planograms.

• Coordinate with the design team and vendors for appropriate product packaging.

• Coordinate product availability for photo shoots and products to be on the floor that are in the catalog.

• Product Performance

• Track sales performance for the category post-launch and take required action.

• Regularly collect and analyze product feedback during store visits and sell-through reports.

• Conduct periodic surveys to understand customer behavior, competition mapping, and arrive at pricing strategy.

• Monitor stock ageing with reference to overall stock holding as per defined norms.

• Analyze and make recommendations for space planning to ensure SPF and MPF for the department is in line with concept performance.

• Work closely with Planning and MC, VM, Designer, and Graphic designer to translate category goals onto the floor and ensure adequate stock availability.

• Relationship Management

• Manage relationships with brand partners, vendors, retail, and planning teams.

• Manage internal relationships for smoother implementation of business processes.

Requirements & Tech Stack

• Awareness of prevailing market trends.
• Ability to track sales performance.
• Experience in collecting and analyzing product feedback.
• Proficiency in managing vendor relationships.
• Experience in managing internal team relationships.