Job Description

1. Job Attributes

1.1. Position Name

Buying Manager – Accessories & Wearables

1.2. Position Code

50000094

1.3. Reporting to

Sourcing Owner - Accessories and Wearables

1.4. Business Unit

Electronics

1.5. Function

Sourcing External Brands- Accessories and Wearables

1.6. Location

NHQ

2. Job Purpose

Develop and implement cost-effective sourcing strategies to ensure quality and profitability for the assigned category.

3. Key Responsibilities

• 3.1. Anticipate future needs and demands by analyzing trends and market data.
• 3.2. Analyze retail market, competitors to develop strategic sourcing strategy and business goals.
• 3.3. Enlarge existing business base and bring new business to the company.
• 3.4. Analyze and monitor brand pricing, assortment at store level, brick level performance.
• 3.5. Support business with efficacy reports based on all tracked parameters to enable right buying decisions.
• 3.6. Be a role model for employees by aligning actions and day-to-day behaviors in accordance with Reliance Retail values.
• 3.7. Articulate key performance indicators and competency requirements for team members.
• 3.8. Coach and mentor, provide challenging assignments and high visibility training for high performers.
• 3.9. Manage the end-to-end relationship with each vendor/brand in the sub-category (change management, contract negotiations, payment queries, classifications, evaluations, etc.).

4. Key Performance Indicators

4.1. Primary KPIs

• 4.1.1. Assortment universe (range) & Vendor universe (nos.)
• 4.1.2. Revenue Target (Y-on-Y category growth (%))
• 4.1.3. Vendor Onboarding Compliance (%)
• 4.1.4. Gross Margin (%) deal SKUs incl.
• 4.1.5. Product Returns (%)

4.2. Additional KPIs

• 4.2.1. Cost Reduction (%)
• 4.2.2. TOT% Growth
• 4.2.3. Supplier OTIF (%)
• 4.2.4. Supplier lead time (# days)

5. Job Requirements

5.1. Functional Competencies

• 5.1.1. Systems Knowledge (DSS & SAP)
• 5.1.2. Buying Process knowledge
• 5.1.3. Business acumen
• 5.1.4. Financial acumen
• 5.1.5. Negotiation skills

5.2. Behavioral Competencies

• 5.2.1. Interpersonal skill
• 5.2.2. Planning skills
• 5.2.3. Team Management
• 5.2.4. Customer orientation