indeed
Senior Buyer - Home Accessories
Middle East Executive
Dubai, UAE
Full Time
Senior
Onsite
1 months ago
Category ManagementStrategic SourcingNegotiationVendor ManagementProduct DevelopmentBudget Management
Free
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Category ManagementStrategic SourcingNegotiation
About the Role
Middle East Executive is recruiting a Senior Buyer for Home Accessories for a leading retail group in Dubai. The role requires 10+ years of experience in buying, with expertise in home category product strategy, sourcing, and vendor management.
Key Skills for This Role
Category ManagementStrategic SourcingNegotiationVendor ManagementProduct DevelopmentBudget Management
Responsibilities
- Determine strategies to develop the category, identifying opportunities for growth
- Manage the category budget with Planning team to maximize sales and profits
- Keep abreast of the latest trends through market visits and trade shows
- Lead all design and development activities to align with market demands and brand positioning
- Initiate cost reduction measures through centralized buying and selecting appropriate vendor mix
- Build strong, long term relationships with key vendors globally and ensure best cost prices and quality
- Collaborate with buyers/coordinators, shipping, warehousing and planning team on demand estimation and order placement
- Review product sales periodically to ensure profit maximization and take in season action
- Ensure all procured merchandise meets the highest quality standards
- Develop talent within the team by providing consistent direction and support
Requirements
- Post Graduation degree/MBA preferred (also NIFT, NID, PEARL)
- Minimum 10+ years of total experience for Sr. Buyer with 5+ years in a senior buying role and 3+ years in relevant categories
- Strong negotiation and relationship management skills
- Excel and Microsoft PowerPoint proficiency
- Proven financial and business acumen, with full integrity
- Leadership, people management and stakeholder management
Full Job Posting
The Role
- Middle East Executive has been exclusively retained by a leading retail group to identify and recruit multiple roles for Buyer and Sr Buyer position for its Dubai office.
- We are looking for a strategic and results driven Senior Buyer to lead our departments. This role demands extensive experience in home category buying and will focus on shaping the product strategy to maximize profitability and meet customer demand for high quality, stylish products.
- Positions which require immediate attention: Requirement 1: TEXTILES (soft furnishings bedding, cushions, throws, rugs, bath textiles, curtains) / FLOOR COVERINGS (Rugs, carpets, bathmats, doormats); Requirement 2: KITCHEN, TABLETOP (loose crockery, dinner sets, serve ware, glassware, cutlery, table
- Reports to: Head of Department
- Direct Reports: Buyers, Assistant Buyers, Buying Coordinators
Key Responsibilities
- Buying Budget and Planning: Determine strategies to develop the category, identifying opportunities for growth. Manage the category budget with Planning team, with the objective of maximizing sales and profits.
- Product Research: Keep abreast of the latest trends through market visits and trade shows. Gather insights from data and store feedback for informed buying decisions. Also, GCC customer preferences (relevant GCC product trends, seasonal launches, majlis styling, gifting, Ramadan/Eid, wedding registr
- Product Development and Strategy: Lead all design and development activities to ensure they are in line with market demands and brand positioning. Define range and influence in store VM and marketing communication.
- Strategic Sourcing: Initiate cost reduction measures through centralized buying and selecting the appropriate vendor mix. Build strong, long term relationships with key vendors globally and ensure best cost prices and quality. Identify and onboard competitive suppliers (local + International). Maint
- Order Management: Collaborate with the buyers/coordinators, shipping, warehousing and planning team on demand estimation, order placement, adequate newness, reordering of core lines, and supplier follow up.
- Performance Analysis: Review of product sales periodically to ensure profit maximization. Analyze weekly performance at the category and business unit level and take in season action to optimize sales.
- Quality Control: Ensure all procured merchandise meets the highest quality standards set.
- People Management: Develop talent within the team by providing consistent direction and support. Build a collaborative and high performance team culture.
Requirements
- Post Graduation degree/MBA preferred. (Also NIFT, NID, PEARL).
- Minimum 10+ years of total experience for Sr. Buyer and 6+ years for buyer with 5+ years in a senior buying role and 3+ years in relevant categories.
- Strong negotiation and relationship management skills.
- Excel and Microsoft PowerPoint proficiency.
- Proven financial and business acumen, with full integrity.
- Leadership, people management and stakeholder management.
About the company
- The Middle East Executive Group has become the first choice for industry professionals wanting to work in the Gulf region.
- We understand exactly how supply chain performance and sales performance impacts the bottom line and top line of product led businesses and we have the experience, network & expertise to match skilled professionals with exciting new roles that suit their experience, passion and drive in this highly
- Our specialist teams internally are: Commercial Management & Sales, Supply Chain & Logistics, Strategic HR, Strategy, Engineering.
- The industries we focus on are: 3PL / Freight Forwarding, Food & FMCG, Medical & Pharmaceutical, Ecommerce, Retail, Engineering.
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