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Are you a Senior Buying professional looking for an interesting new challenge in luxury fashion?
We are currently recruiting a Head of Buying & Merchandising with 10+ years of experience in the Luxury Fashion industry to work for the Award-Winning Department Store, Level Shoes
The Head of Buying & Merchandising - Level Shoes is responsible for setting the regional merchandising strategy, goals and objectives and commercial targets in alignment with the Division's strategic direction for the short and long term and within the Brands' guidelines; reporting to the General Manager. In addition, they are responsible for the full life cycle of stock from what stock to buy, to where it should be allocated and to how it should be sold or disposed of, as well as managing the logistics of this cycle to ensure maximum efficiency and effectiveness. It is important that they enable the regional business to achieve results through leading the merchandise teams to follow best practice and find the optimal management of the Division's stock.
•Set and Ensure that gross margins and sell-thru targets developed during budget are accurate, achievable, challenging and meet management's requests
•Take the lead on optimising Category management, Assortment planning & Catalogue management
•Ensure that split by categories for a particular brand is in line with the brand's guidelines
•Monitor that breakdown by categories is consistent with Brand's guidelines
•Ensure that breakdown of purchase budget by category or SKUs respect brand's guidelines
•Ensure that assortment planning optimize turnover and profitability
•Monitor that assortment planning in store is initially executed as per brand's guidelines and that core assortment in stores is maintained continuously as per brand's guidelines
•Ensure that the proposals of sell-thru targets for in-season buying are set according to the best estimate on overall potential of categories by proposing sell-thru targets per categories at the regional level
•Monitor that the right lines of products are selected during buying to ensure a high level of sell-thru
•Ensure that replenishment orders optimize the commercial potential of product lines while respecting assortment guidelines set by brand / concept when approving the replenishment orders
•Ensure inventory management and stock liquidation is fully optimised
•Optimize inventory management in the region
•Ensure that stock ageing levels remain within budget targets for all brands handled
•Ensure that selection of items sent for liquidation do not harm brand image
•Ensure that liquidation of amortized stock is performed to reach liquidation and stock ageing targets
•Make proposal for liquidation of non-fully amortized stock in line with stock ageing targets
•Provide insights on action plan to dispose / destroy written-off goods in line with Brand's instructions
•Ensure that an action plan is in place in case of damaged stock in the warehouse (returns to vendors, destruction)
•Liaise with suppliers to negotiate favourable conditions for returns to vendors (e.g. damage)
•Ensure that the P&L is protected by monitoring that debit and credit notes to the suppliers are sent diligently
•Ensure pricing is accurately represented
•Provide relevant analysis based on the sell-thru performance
•Monitor that any new price is communicated correctly and timely to MDM team
•Set the supply delivery calendar, monitor its execution by local team and escalate unresolved delays and variances to Division manager if needed
•Animate network of merchandise teams by daily working relationship and regular visits
•Ensure that training for merchandise team allow proper development of skills
•Ensure that templates for pre-buying and post-buying books provided are accurate, aligned with Brand's categories
•Compile brand reports at regional level based on consolidated information from local merchandise team and analyses on direct extraction from system
In their endeavor to excellence, the fundamental values all our employees must possess are Commitment, Integrity, Empathy and Flexibility.
•Education: University Degree in Business or any related fields
•Previous Experience: 10+ years of retail luxury experience
•Linguistic Skills: Excellent English
Key Chalhoub Behavioural Competencies:
• Managing Resources, Creativity and Innovation, Managing Diverse Relationships, Operational Excellence, Effective Communication; Energy, Drive and Flexibility
Key Chalhoub Technical Competencies:
• Retail Affinity & Understanding, Business & Commercial Acumen, Operational Excellence, Foresight & Creativity, Superior Guest Experience, Organisational Adaptability
The Chalhoub Group is the leading partner for luxury across the Middle East since 1955. As an expert in retail, distribution and marketing services based in Dubai, the group has become a major player in the fashion, beauty and gift sectors regionally.
By blending its Middle East expertise and intimate knowledge of luxury, Chalhoub Group is building brands in the region, by offering service excellence to all its partners and a unique experience to its customers through its passionate teams.
With a growing workforce of more than 9,000 people, implemented in 14 countries, as well as the operating of over 470 retail outlets, the group's success is attributed to its most valued asset of highly skilled and dedicated teams. Professionalism and passion are what fuel the Chalhoub Group's competitive edge in today's market.
By being committed to implementing sustainable practices into their business, the Chalhoub Group has been awarded in 2013 the CSR Label from the Dubai Chamber of Commerce.