Planning And Buying Manager
THE Group
Total years of experience :12 years, 1 Months
Accountble for sales planning, Open-To-Buy budget, carry over.
Prepare trading calendar depending on weekly sales forecast.
Sets prices to newly shipped product including good/better/best pricing, promotion price optimization and markdown optimization.
Monitors sales and stock levels including replenishment.
Reviews product performance and sales history to plan future stock levels.
Analyzes bestsellers and monitor slow-sellers and strategically plan promotional activities and markdowns, including daily/weekly events, limited offers and price points.
Confirm/approve the buying & planning orders.
Manages initial allocation and product range planning including priorities in receiving product.
Managing the buying department and supervision junior staff.
Responsible for the whole buying processes for Hamleys own brand as well as other branded toys.
Negotiate contracts, improved prices and terms of business with suppliers.
Market planning, business planning, and open to buy management.
Stock management, stock analysis stock rotation, and sales analysis.
International and local procurement for over than 50-80 vendors.
Highly analyst skills (Stock analysis, Sales analysis, product turn over, product Flow).
Seek for exclusive and new products for the company.
On-site buying from international toys fairs.
Deep knowledge in the logistic, warehouse, and operational procedures and skills.
Coach and mentoring junior employees.
Ensure that purchased products are competitively priced while margins are kept in line with budgets and business requirement.
Multi brands purchaser (BHS&M&co.) for two different markets (Egypt&Jordan).
Monitor market trends, competitor strategies & market suppliers.
Assist in buying plan, business plan, and trading calendar
Respond to stores requests and inquiries.
Product ordering, product allocation, product flow, and stock & sales review.
Inventory management / replenishment.
Multi brands purchaser (BHS&M&co.) for two different markets (Egypt&Jordan).
Sales reporting and sales monitoring.
Manage store-level inventory to maximize store sales potential and minimize out-of-season inventory
Product ordering, Product allocation, and product planning.