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Buying Manager

Middle East Retail Group · Dubai, United Arab Emirates

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Job Purpose: We are seeking a dynamic and experienced Buying Manager to lead our Hamleys buying team in the GCC region. The successful candidate will be responsible for overseeing all aspects of the buying function, ensuring that Hamleys remains at the forefront of innovation and trendsetting within the industry. This role requires a keen eye for emerging trends, strong negotiation skills, and a passion for delivering exceptional products to our customers.

Job Description

Lead and manage the buying team, fostering a culture of excellence and innovation.Develop and implement buying strategies that align with Hamleys premium brand identity and commitment to exclusivity.Research and evaluate toy suppliers, negotiate contracts, and cultivate strong relationships with vendors to secure exclusive offerings.Analyze market trends, pricing, and toy quality to ensure optimal value for the organization and our customers.Collaborate closely with store managers to ensure timely delivery of goods and services, maintaining optimal inventory levels.Identify opportunities for cost savings and process improvements while upholding Hamleys standards of excellence.Provide guidance and support to members of the buying team, fostering professional development and growth.Stay abreast of toy industry trends, regulations, and best practices in the GCC region to maintain our competitive edge.Select and place purchase orders for new product lines in GCC markets, ensuring first-to-shelf releases.Present new line introductions to the wider team on a weekly basis and conduct weekly sell-through analysis for new lines.Perform monthly ageing analysis and manage RTV processes to address ageing stock.Update the assortment monthly by adding and delisting lines to ensure freshness and relevance.Monitor market changes, competitor pricing, and product trends to inform strategic decisionsJob Specifications:· Strong understanding of market conditions and trends in the toy industry.· Proficiency in negotiation techniques and vendor management.· Exceptional interpersonal skills to build and maintain strong vendor relationships.· Positive and professional demeanor, with excellent communication skills.· Proficiency in Microsoft Office suite.· Collaborative team player with a flexible approach to travel as necessary.· Strong analytical and problem-solving abilities