Role Description A Buying & Sourcing Manager for Apparels category at DMart is responsible for selecting, sourcing, and managing the product selection within a specific category in an apparel retail environment. This includes identifying trends, negotiating with vendors, managing inventory, and driving sales and profitability. Key Responsibilities Vendor Management: The role holder will be responsible for sourcing and onboarding new vendors, managing relationship with existing vendors and negotiating price and terms Product Selection and Sourcing: Identifying new products, trends, and potential vendors within the apparel’s category Buying and Ordering: Placing purchase orders, managing inventory levels, and ensuring timely delivery of goods Inventory Management: Monitoring stock levels, optimizing inventory turnover, and minimizing slow-moving or obsolete items. Market Analysis: Conducting market research, competitor analysis, and staying updated on industry trends Sales and Profitability: Analyzing sales data, identifying opportunities for growth, and developing strategies to maximize sales and profit margins. Cross-functional Collaboration: Working with other teams such as integration and replenishment, design, visual merchandising, quality, supply chain to ensure the successful execution of category strategies. Skills and Qualifications Education: A Bachelor's degree in fashion, Retail Management, Marketing, or a related field is generally preferred. Experience: 7-15 years of proven experience in retail or wholesale buying, particularly within the apparel sector i.e Men, Women, Kids, accessories, ethnic category are preferred Core Skills: - Strong negotiation and communication skills. - Excellent analytical and data analysis abilities (including proficiency in tools like Microsoft Excel and SAP). - Understanding of inventory management, supply chain processes, and vendor relationships. Involves travel to stores and vendor locations Soft Skills: - Strong interpersonal and team-handling skills. - Ability to work effectively in a fast-paced environment and manage multiple tasks. This role is crucial in ensuring that apparel department offers the right products at the right prices to meet customer demand and maximize profitability
Job Title
Buying & Sourcing Manager – Apparels