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94 Quadrangle Jobs

Manager Buying - Premium Beauty Products | Leading Retail Conglomerate

10-20 years

Mumbai

1 vacancy

Manager Buying - Premium Beauty Products | Leading Retail Conglomerate

Quadrangle

posted 12d ago

Job Role Insights

Flexible timing

Job Description

Role & responsibilities

  • Develop a comprehensive assortment strategy that aligns with brand identity and luxury standards for beauty products.
  • Oversee the selection of a wide range of beauty product offering includes of skincare, makeup, fragrance, and wellness items, ensuring they uphold luxury brand positioning.
  • Plan and execute seasonal assortments, taking into account India's regional variations and seasonal preferences.
  • Establish and nurture strong relationships with a network of international and domestic vendors, negotiating favorable terms, pricing, and delivery schedules to achieve the best value Order Confirmation Management.
  • Stay informed about vendor, trends, innovations, and market conditions, sharing relevant insights with the buying team for strategic decision-making
  • Plan, monitor & maintain Ideal stock inventory levels for beauty products, ensuring that stock levels are optimized to meet customer demand while minimizing excess inventory.
  • Analyze sell-through rates and stock turnover to make informed decisions regarding replenishments, restocking, and stock clearance.
  • Collaborate with the Planning Team to align inventory management practices with merchandise planning and demand forecasting for seasonal variations.
  • Work on pricing strategy for exclusive imported brand
  • Being a custodian in formulating the Stock & sale plan- Product category wise dispatch plan, Planned Vs actual, Allocation plan for each store as per dispatch plan and size wise analysis
  • Regularly evaluate the sales performance of Beauty products, analyzing key metrics such as revenue, units sold, and profit margins to identify trends and opportunities.
  • Collect, analyze, and interpret customer feedback, reviews, and comments specific to Beauty products, providing insights into customer satisfaction and areas for improvement. • Assist in the creation of sales forecasts and demand projections for Beauty products, leveraging historical sales data, market insights, and trends to refine sales expectations and support inventory planning.
  • Keep abreast of global and Indian fashion trends, attending fashion shows, industry events, new launches and trade exhibitions to gather insights and inspiration for the Beauty category.
  • Partner closely with the Visual Merchandising team to ensure that Beauty products are showcased effectively, aligning with brand's visual merchandising guidelines and luxury brand image. • Provide expert input and recommendations on the strategic placement, arrangement, and presentation of Beauty products, including the coordination of window displays, in-store displays, and mannequin styling
  • Collaborate seamlessly with cross-functional teams, including Planning Team, Marketing Team, Visual Merchandising Team, Operations Team & HR Team to ensure the successful execution of buying strategies and alignment with overall business objectives.

Employment Type: Full Time, Permanent

Read full job description

What people at Quadrangle are saying

What Quadrangle employees are saying about work life

based on 16 employees
73%
82%
67%
100%
Flexible timing
Monday to Friday
No travel
Day Shift
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Quadrangle Benefits

Health Insurance
Team Outings
Cafeteria
Soft Skill Training
Job Training
Work From Home +6 more
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