Assistant Buyer
Landmark Group
Total years of experience :11 years, 0 Months
As a Buying In Charge helps to create omni-channel growth by planning profitable and relevant assortments using grasp of guest shopping behavior, assortment requirements and competitors.
• Influence and negotiate with vendors to achieve results and identify gaps and opportunities.
• Flexibility in reacting to business results and able to translate financial metrics and data into actionable strategies.
• Lead cross-functional teams to drive category results while managing progress toward sales and margin goals.
• Partnerships with product designers and vendors will help guide product development as source appropriately for my related product category.
• Interact with Assistant, Merchandise Specialists, the Pricing and Promotion Center of Excellence, Planning, and many other expert partners in support of promotional planning work across channels.
Responsible for building and managing relationships with companies that supply products and services to the organization, works to ensure that vendors meet or exceed their contractual obligations by delivering quality products and services on time to achieve productivity and success of the company.
• Develop the Sourcing and supplier relationship function’s strategic objectives and business plans
• Implement the policies and procedures to maintain efficient operational excellence
• Manage a cross-category sourcing team targeted at sourcing and validating new suppliers
• Develop sourcing strategy by creation, managing & performance review of supply base
• Develop supplier strategy by performance review, development, termination & identification of suppliers
• Exploring new business opportunities by attending trade fair's throughout the globe to provide quality products and services to our customers
• Preparation of yearly OTB calculation
• Develop supplier negotiations guidelines by covering the dedicated OTB to the suppliers
• Lead negotiations with the suppliers, and provide input in the development of the supplier contracts and ensure compliance with company policies
• Preparation and finalization of trading terms and contracts by considering vision and mission of the company
• Execution of order by considering SKU's performance & requirement for new products by passing standard criteria
• Reduce the number of suppliers providing similar products and services, resulting in better negotiation position to reduce prices and lower supplier management costs
• Tier wise segregation of supplier based on their past performance & Manage the supplier grievance
• Managing strong mutually beneficial relationships with suppliers in oligopoly markets
• Develop and maintain in-depth knowledge of market conditions, industry trends, and customer needs
• Establish Joint Ventures with major suppliers, and create a mutually beneficial opportunity for company and the vendor.
• Ensure that the suppliers are meeting the agreed levels of performance and quality, maintaining records and regular performance reports
• Conduct evaluation processes for the Sourcing function’s employees to achieve the KPI & GOAL of the section.
• Explaining the business process to Oracle implementer
• Attending requirement gathering session in order to Map it into the new tool
• Reviewing Business process and Business requirement documents provide the oracle implementers
• Identifying the Gaps between current process and Upcoming New Process
• Identifying Work around solutions without going forward with Customization / Modification
• Reviewing and Analysing customization documents based on the Identified Gaps
• Attending CRP Sessions with Oracle Implementers based on the business process document framed by them
• Attending Key User Training sessions and evaluating the system is designed same as per the business process documents
• Designing custom report templates based on the business requirements as per Oracle Standard
• Attending UAT Sessions and verifying the System is designed as per the business requirements
• Conducting Training for the End Users for smooth implementation.
• Oversee, evaluate and improve foreign suppliers’ performance
• Handle a team of professional Procurement Specialist’s
• Research and evaluate suppliers for quality, price, availability, service, reliability, and production and distribution capabilities
• Purchase a good-quality merchandise at the lowest possible cost and in correct amounts
• Negotiate with vendors for purchase orders, contract and services evaluation considering short term and long term company strategies.
• Interview vendors and visit suppliers' factories and distribution centre’s to examine and learn about products, services and prices.
• Write and review product specification, maintaining a working technical knowledge of the goods or services to be purchased.
• Monitor delivery time of shipments for ensuring they are on time
• Control the purchasing budget and project stock levels
• Monitoring quantity and quality of materials, equipments and components.
• Conducting Monthly Meeting with Marketing / Merchandizing to discuss about the future plan & Promotions.
• Monitor changes affecting supply and demand, tracking market condition, price, Trends, or future market needs.
• Prepare purchase orders, solicit bid proposals and review requisition for goods and services.
• Making payment to foreign Suppliers (L/C, TT and CAD).
• Analyze price proposals, financial reports. And other data and information to determine reasonable prices.
• Maintain and review computerized or manual records of items purchased, costs, delivery, product performance and inventories.
• Maintain knowledge of all organizational and governmental rules affecting purchases, and provide information about these rules to organization staff members and to vendors.
• Study sales records and inventory levels of current stock to forecast future purchasing programs.
• Arrange the payment of products, custom duties and freight charges.
• Make Costing for the product by covering all kind of expenses paid while receiving it to the warehouse.
• Maintain and timely follow up for Claims, Shortages if any.
• Report Directly to Chief Procurement Officer.
• Assisted the Regional Operations Manager in operational matters
• Prepared regular management reports (Monthly and Quarterly)
• Maintained all the records of Sales and Stock
• Resolved customer queries and complaints
• Follow-up on outstanding payments
• Created invoices and entered payments on oracle system
I had been completed the Graduation in Business Management with First Class in Part 1 & 2 . First Class with Distinction in Part 3. I also awarded as Second Rank Holder in the college for the exams held on 2006-2007.
URL removed due to policy violation. Please contact support for further information.