Senior Buyer

Majid Al Futtaim
Dubai
Workplace: OnsiteOthersFunction: Procurement & SourcingExperience: 4-5 yearsEducation: bachelorsSkills: ["Negotiation","Vendor relationship management","Strategic planning","Analytical decision-making","Cross-functional coordination"]

Own the end-to-end buying function to deliver commercially viable merchandise—at optimum cost, quality, and availability. Build and manage buying strategies aligned to brand guidelines, negotiate pricing and terms with local vendors, and coordinate with supply chain and warehouses to optimize efficiency. Track OTB, margins, sell-through, markdowns, and lost sales risk, and present short- and long-term merchandising approaches to support business growth while meeting financial targets.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Majid Al Futtaim
Majid Al Futtaim
9 months ago

Senior Buyer

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 17 hours agoStatus: Live

Job Summary

Own the end-to-end buying function to deliver commercially viable merchandise—at optimum cost, quality, and availability. Build and manage buying strategies aligned to brand guidelines, negotiate pricing and terms with local vendors, and coordinate with supply chain and warehouses to optimize efficiency. Track OTB, margins, sell-through, markdowns, and lost sales risk, and present short- and long-term merchandising approaches to support business growth while meeting financial targets.
Location: Dubai
Workplace: Onsite
Employment Type: Others
Job Function: Procurement & Sourcing
Seniority: Mid level

Key Responsibilities

  • •Formulate and execute buying strategy, approach, and plan aligned with brand and MAF Lifestyle guidelines.
  • •Direct and manage vendor sourcing/development, contract negotiation, and purchasing while liaising with supply chain and warehouse.
  • •Develop and buy profitable product ranges to maximize profit and sales, including building OTB by store, category, and subcategory.
  • •Manage stock, reducing lost sales and improving the buying mix through careful and rigorous buying.
  • •Negotiate pricing, cost of shipment, and payment terms with vendors, and monitor performance against budgets/financial targets (OTB, margins, sell-through, markdowns).

Key Requirements

  • •4-5 years in a senior merchandising role
  • •Retail background experience is mandatory
  • •Bachelor’s degree, preferably in Fashion, Marketing, or a related field
  • •Qualification in Retail Management / Purchasing / Sales or related subjects
Experience:4-5 yearsRetail
Education:Bachelor's in Fashion, Marketing
Skills:NegotiationVendor relationship managementStrategic planningAnalytical decision-makingCross-functional coordination

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
WebsiteLinkedInGlassdoor