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Marks & Spencer - Manager - Buying (5-8 yrs)

5-8 years

Gurgaon / Gurugram

Marks & Spencer - Manager - Buying (5-8 yrs)

Marks & Spencer

posted 1mon ago

Job Role Insights

Flexible timing

Job Description

Job Title : Manager - Buying.

Function : Buying.

Experience : Minimum 5 years of experience in Buying.

Location : Gurugram.

Key Deliverables (Essential Functions & Responsibilities of the Job) :

- To formulate a detailed plan for the products to be offered each quarter.

- Range presentation to sign off the BU plan with the Buying and Merchandising Head.

- Booking quantities of products to meet launch and respond to in-season variables.

- Generating analysis to be able to support buying decisions.

- Reacting to sales Information and working with suppliers to revise production flows and maximize sales.

- Agreeing and reviewing targets for sales, margin, stock, commitment and availability.

- Assisting operating plan review and lessons learnt.

- Completing catalogue intentions and IRP.

- Managing the plans for all markdown periods.

- Agreeing on the range production plan with the manager and monitoring suppliers.

- Working with the supplier for the prompt input of flows to ensure alignment between production and commitment.

- Production plans to manage MSI capacity.

- Provide information to the retail team to allow them to provide layout plans to stores.

- Providing input into price point strategy for ranges.

- Maintaining awareness of the competition's product offer.

- Planning, optimizing and reviewing the catalogue by shape of the chain. implementing and exploiting new systems and processes.

Key Requirement:

- Operating Plan for the department.

- Product selection from Marks and Spencer global catalogue that captures trend, volume and key drivers.

- Local product development to address local requirements, gaps in the offer and margin opportunity.

- Flow and phasing planning.

- Product bought to plan.

- Product delivered to critical path.

- Managing the catalogue plan.

- Plan to develop a shorter lead time product in season.

- Develop 'value fashion' for tier 2 markets.

- Work with VM and Marketing to deliver and highlight the 'look'.

- Maximize product opportunity in 'peak selling' eg. gifting in.


Functional Areas: Other

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People are getting interviews at Marks & Spencer through

(based on 23 Marks & Spencer interviews)
Job Portal
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Referral
Company Website
35%
22%
17%
4%
22% candidates got the interview through other sources.
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What people at Marks & Spencer are saying

5.0
 Rating based on 2 Manager reviews

Likes

Company Culture are people centric

Dislikes

Too much documentation leads to lengthy processes

Read 2 reviews

Manager salary at Marks & Spencer

reported by 9 employees with 7-14 years exp.
₹5.8 L/yr - ₹20 L/yr
24% less than the average Manager Salary in India
View more details

What Marks & Spencer employees are saying about work life

based on 736 employees
68%
48%
50%
100%
Flexible timing
Rotational Shift
No travel
Day Shift
View more insights

Marks & Spencer Benefits

Job Training
Health Insurance
Team Outings
Soft Skill Training
Cafeteria
Education Assistance +6 more
View more benefits

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