Key Responsibilities
Planning of Buying Calendars & Events
- Understand the Buying Calendar and the process of planning for a season. Understand the various
- suppliers and to learn about all buying fairs.
- To assist in planning the buying calendar in line with Inflow Pattern and the Event Calendar of the Stores.
- To monitor the order status and inventory levels on regular basis and to take proactive action for any supplier / category / range / product based on actual inflow and sales pattern.
- To review the distribution of orders on all times and based on the sales rate and the budgets –
- revise distribution wherever required.
- To monitor the Budget Order; Order GRN; Inflow pattern Reports on weekly basis and ensure
discrepancies are reported promptly to Finance.
Margin Achievement
- To understand the mechanism of margin / pricing / markup and costing relevant for each supplier and
- each territory in the department handled.
- To assist the Buyer in fixing the Retail Selling Price in line with the Concept Overall Margin Target and
- the specific target for each territory.
- To review the pricing as generated from the Pricing Module and do the necessary currency correction
- based on the local currency of each territory.
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