Buyer

About GMG

GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMG’s investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the world’s most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets.

Core Responsibilities:

· Determines the buying requirements and formulates buying plan and budget for the assigned brand/category, based on the analysis of the historical trends and future forecasts

· Creates buying plans to ensure profitability by maintaining and building consumer focused brand/category lines and managing SKU performance and efficiency

· Aligns the buying plan to the overall business unit plan and strategy as laid down by the brand/category manager

· Tracks and evaluates brand/category sales performance, market sales trends and competitor trading activities to identify critical business factors and proposed action plans to increase sales and profitability

· Consolidates and analyzes actual sales results to plan and forecast in-season sales/inventories on a weekly, monthly, and quarterly basis to drive sales, bottom-line profitability and inventory targets to meet or exceed financial goals

· Helps meet the profit targets by ensuring timely procurement of the merchandise

· Oversees and manages placement of orders based on the buying plans and ensures merchandise is delivered as per the plan based on the agreed service level agreement.

· Ensures identification of buying opportunities to source products and to ensure that business unit maintains its competitive edge by constant renegotiation

· Ensures effective communication, collation and follow-up on various product requirements and findings obtained from the sales/store data

· Ensures maintenance of principal/supplier contacts; product demonstrations, procurement of product samples and literature

· Keeps abreast of the latest trends in buying and discuss the same with the brand/category manager to assess realignment of existing processes

· Ensures the development of periodic reports on consumer behavior, consumer trends per product etc. to facilitate decisions to maintain, liquidate or dispose-off products or continue/discontinue with the product lines

· Manages and monitors the day to day activities of the buying team, providing guidance as and when required

· Participates in capacity planning to determine the capacity required and ensure smooth supply of products

Skills Required:

· Bachelor’s Degree in Buying and Merchandising equivalent

· A minimum of 5 -7 years of relevant experience with at least 2 years in product buying

· Fluent in English and Arabic skills (written and spoken)

· Planning and Organizing

· Data Gathering and analysis

· MS Office and Tools

· Knowledge of ERP (relevant)

· Capacity Planning Knowledge