GST Number: 27AAICD4944R1ZV Head Sourcing JD We are seeking a driven and detail-oriented Buying & Merchandizing Head from General Merchandise & Value Retail format with expertise in toys, Jewellery, Cosmetics, Home/Kitchen, Personal Care categories to be responsible for Sourcing quality products for Mr DIY, India. The incumbent should be analytically minded and possess excellent negotiating skills to secure the best prices according to budget. Knowledge of sales and marketing principles is essential for the success in this role. Key Responsibilities: • Generate and implement efficient sourcing and category management strategies. • Establish policies, procedures, and strategies for the function & strengthen the Supplier evaluation process. • Utilize category and market analysis to create a supply strategy that will maximize long-term opportunities and competitive advantage. • Deliver a collection that resonates with the diverse communities across India. • Focus on sustaining profitability with high growth in a high margin business. • Maximize long-term commercial opportunities and minimize areas of risk, acting on performance analysis, sound judgement and change management. • Take accountability for delivering a balanced and considered range against planned financials. • Identify opportunities to improve inventory asset utilization to drive sales and margin for the businesses. • Analyses trading patterns, challenge and advise teams to ensure appropriate action is taken. • Assisting with marketing and sales strategies to ensure high throughput. • Monitor stock movement and consider markdowns, promotions, price changes, clear outs etc • Inventory maintenance is crucial to a store’s daily operations, so merchandise buyers must be always aware of inventory levels. They manage the whole gamut of inventory processes, including stocking, rotating, and discarding products. • Generating and presenting analytical reports such as market research, price comparisons, and cost analyses. • Maintaining cordial relationships with all stakeholders to uphold our reputation and to promote our endeavors in the most fair & ethical way • Directly manages complex negotiations with key suppliers & also ensuring supplier adherence to contracts Key Requirements: • Master’s degree in business/ operations, or related field. • 12-15 years of experience in buying & merchandizing and atleast 4 years of leading a team. • Effective time management skills and the ability to multitask. GST Number: 27AAICD4944R1ZV • Proven ability to manage budgets & comfort with numbers. • Professional and proactive work ethic. • High competence in stakeholder management. • Excellent interpersonal, written and oral communication skills. • Competency in Microsoft applications including Word, Excel, and Outlook.