Assistant Buyer

Company Description

LuLu Group India is a multinational conglomerate headquartered in Edapally, Kochi, India. Founded in 2000 by Mr. M. A. Yusuffali, the group operates businesses in retail, hospitality, real estate, and trading. LuLu Group is best known for its retail division, with hypermarkets across Kerala, Tamil Nadu, Karnataka, Telangana, and Uttar Pradesh, and is rapidly expanding its retail operations across India. The company's distribution center is one of the largest in India and supports the supply of quality products to its retail stores.

Role Description

This is a full-time on-site role for an Assistant Buyer for Women's Wear, located in Bengaluru. The Assistant Buyer will support the buying team in selecting and purchasing women’s wear products. Daily tasks include analyzing sales reports, sourcing new products, managing vendor relationships, assisting in inventory control, and attending trade shows and fashion weeks. The Assistant Buyer will also collaborate with design, marketing, and merchandising teams to ensure alignment on product selection and promotional strategies.

Qualifications

• Experience in buying, sourcing, and inventory control for women's wear.
• Strong analytical skills for sales and market trend analysis
• Excellent communication and negotiation skills with vendors
• Ability to collaborate with design, marketing, and merchandising teams.
• Proficiency in Microsoft Office Suite and relevant buying software
• Ability to travel to attend trade shows and events as needed.
• Bachelor's degree in Fashion Merchandising, Business, or related field preferred
• Previous experience in the retail fashion industry is a plus.

· Understand and share the available market opportunity for new and existing categories, markets and brands

· Drive the sales, margin and inventory for the concept.

· Initiate buying as per OTB and ensure timely delivery and availability of right stocks at the store.

· Interact with the vendors at regular intervals to meet the product availability norms and build relationships.

· Address and resolve operational issues within the defined timelines.

· Understand and share the customer needs and feedback.

· Provide inputs to the VM team.

· Work with the marketing team in collaboration with the Buying Lead to highlight key trends and backup the trends with the visuals.

· Share vendor wise feedback and analysis (margins and budgets) to planning and finance team, for them to take required actions.

· Manage Licensor requirements of Projections, Design approvals, Monthly sales reporting, etc

· Set quality expectations in relation to cost for products.

Job Type: Full-time

Pay: ₹313,968.69 - ₹461,033.51 per year

Benefits:

• Health insurance

Work Location: In person