Buyer

Majid Al Futtaim
Dubai
Workplace: OnsiteOthersFunction: Procurement & SourcingEducation: bachelorsSkills: ["Strategic planning","Financial analysis","Vendor negotiation","Cross-functional collaboration","Customer needs assessment"]

Implement the buy strategy to build an in-demand product assortment for the Majid Al Futtaim Lifestyle business. Purchase profitable commercial product ranges, manage inventory to reduce lost sales, and analyze in-season performance. Negotiate pricing, shipping costs, payment terms, and intake margin with local vendors. Monitor brand performance, support financial parameters, and collaborate closely with Planning, Finance, Digital, Logistics, and Operations while visiting stores to understand product feedback.

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FursaFursa
Majid Al Futtaim
Majid Al Futtaim
7 months ago

Buyer

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Source: Company careers pageValidated by: Fursa AI
Last checked: 13 hours agoStatus: Live

Job Summary

Implement the buy strategy to build an in-demand product assortment for the Majid Al Futtaim Lifestyle business. Purchase profitable commercial product ranges, manage inventory to reduce lost sales, and analyze in-season performance. Negotiate pricing, shipping costs, payment terms, and intake margin with local vendors. Monitor brand performance, support financial parameters, and collaborate closely with Planning, Finance, Digital, Logistics, and Operations while visiting stores to understand product feedback.
Location: Dubai
Workplace: Onsite
Employment Type: Others
Job Function: Procurement & Sourcing
Seniority: Mid level

Key Responsibilities

  • •Formulate and implement the buy strategy and plan aligned with brand and Majid Al Futtaim Lifestyle guidelines.
  • •Purchase commercial, profitable product ranges to maximize profitability and sales.
  • •Control stock and product mix through consistent in-season analyses to minimize loss of sales.
  • •Negotiate product pricing, cost of shipment, payment terms, and intake margin with local vendors.
  • •Monitor brand performance, initiate corrective action to stay within agreed financial parameters, and gather insights through regular store visits.

Key Requirements

  • •Bachelor’s degree, preferably in Business Management, Marketing, or a related field.
  • •Qualification in Retail Management.
  • •3–4 years of experience in a Buying and Merchandising role.
  • •Fashion retail background is mandatory.
Experience:Fashion retailBuying and merchandising
Education:Bachelor's in Business Management, Marketing
Skills:Strategic planningFinancial analysisVendor negotiationCross-functional collaborationCustomer needs assessment

Company Brief

Majid Al Futtaim
Emirati-owned diversified lifestyle conglomerate operating shopping malls, retail (including Carrefour franchise), leisure, hotels, and real estate across the Middle East, Africa and Asia, serving hundreds of millions of customers annually.
Industry: Conglomerates & Holding Companies
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Established Company
Funding: Private Equity Backed
Headquarters: Dubai, United Arab Emirates
Founded: 1992
Glassdoor
Glassdoor: 3.5
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