Buyer - Merchandiser
Aldelia Limited
lagos, NG
5d ago
source : Mrjobsnaija

Aldelia Limited's job vacancy, Career and Recruitment

Job title : Buyer - Merchandiser jobs in Lagos Job Location : Lagos Deadline : October 15, 2022

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  • Role purpose : To establish a representative product line in the assigned categories to enable all stores to achieve their sales and margin targets, based on the Brands' principles while maintaining a strong competitive position.

    Responsible for Allocation and Replenishment and in season management of stock store. The Buyer / Merchandiser works closely with the Planner, to ensure financial targets are achieved and customer needs are met.

    Instigate analysis to achieve clarity of performance and support commercial decisions which drive the business performance by product, store.

    Identify risks and opportunities, cancellations, returns, markdowns and manage the key sales and profit drivers. Visit periodically stores to assess the value of our product line and needs and analyse the competition.

    Key accountabilities

  • Work closely with Head Office Buying and Planning to deliver the best range for customers and stores through respective analysis;
  • Interprets the company product strategy into product ranges;
  • Balances the range for the target consumer and by market in terms of price points, styles, fashion colour, etc.;
  • Release Orders to relevant stakeholders (brands) within deadlines;
  • Support the management of the use of WSSI to deliver accurate weekly plans / forecasts / stocks, ensuring that OTB and MD are controlled and flexed to deliver terminal stock targets;
  • Ensure that replenishment, newness, and that the correct options are delivered at the right time;
  • Monitor flow of initial allocation as well as reorders to stores by classification and by style;
  • Create and update storearticle sizing;
  • Analyse bestsellers for gender / store, providing business analysis and reports;
  • Review and adjust merchandise distribution plans based on current trends, store performance;
  • Manage new opening and refit stock;
  • Ensure that stock is managed to reflect the balance between replenishment and newness;
  • Review weekly supplier Deliveries Management according to the Delivery plan to constantly handle critical situation, delays and obtain best efficiency on the incoming stock;
  • Manage Seasonal Return and Cancellation;
  • Markdowns execution according to the plan;
  • Monitor best and slow seller, taking action to maximize sales on best seller and reduce stock level on slow seller;
  • à Weekly update of sales analysis in order to have clarity on the detailed sales and stock situation for each department / category / brand and provide weekly reporting to other departments;
  • à Responsible for the End Season analysis and review with Buying / Business Analysis / Allocation team in order to identify key issues to take into consideration for the next seasons plan and buy improvements;
  • à Visit stores to obtain feedback.

  • Continuous review of in-season collection to maximize range, sales and profit;
  • Drive opportunities using critical path to ensure maximum flexibility to decrease markdown risk and maximise sales;
  • Review department performance on a weekly basis and proposes action for trading out of poor performing areas and buying into successful areas;
  • Coordinate with VM and Marketing for the implementation of the Marketing / VM / Trade calendars; Ensure understanding of all of the critical dates in the calendar;
  • Understand the market and competition well and is up to speed with trend activity;
  • Meet deadlines in buying calendars and critical path;
  • KPI's :

  • Annual Turnover
  • Margins
  • Terminal Stock
  • Core competencies, knowledge and experience

  • Bachelor's Degree in Finance, Engineering, Business Administration or another relevant field
  • Must have cognate experience as a Buyer or Merchandiser with a medium to large size retailer
  • Computer proficiency with advanced knowledge of Excel is a MUST
  • Strong aptitude with numbers and clear understanding of retail math skills
  • Strong organizational skills with ability to manage multiple projects, prioritize and meet deadlines
  • Ability to communicate persuasively, influentially and responsibly across a broad spectrum of stakeholders
  • Excels in team-environments and in building and developing strong interpersonal relationships, while maintaining an individual determination to accomplish goals
  • Sales / Retail / Business Development jobs in Nigeria *Sales / Retail / Business Development jobs in Lagos *Buyer - Merchandiser in Lagos
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