Lead Buyer - Bengaluru - Livspace

    Livspace
    Livspace Bengaluru

    1 week ago

    Description

    JOB DESCRIPTION

    The Lead buyer is responsible for end-to-end ownership of the category, including buying strategy, assortment planning, vendor management, margin delivery, and inventory optimisation. The role focuses on building commercially strong, customer-relevant assortments while ensuring profitability and operational efficiency.

    Key Responsibilities

    1. Category & Buying Strategy

    • Develop annual and seasonal category strategies aligned with business objectives
    • Build balanced assortments across price points, styles, and customer segments
    • Drive range planning, SKU optimisation, and lifecycle management

    2. Vendor & Product Management

    • Lead vendor sourcing, negotiations, and cost optimisation
    • Drive new product development in collaboration with design and sourcing teams
    • Ensure quality standards, compliance, and ethical sourcing

    3. Financial & Inventory Management

    • Own category margins, OTB, pricing, and markdown management
    • Partner with Planning to manage inventory turns, ageing, and availability
    • Monitor sell-through, ROS, and stock productivity

    4. Market & Trend Insights

    • Track market trends, customer insights, and competitor activity
    • Translate insights into commercial product decisions
    • Cross-Functional Collaboration Work closely with Supply Chain, Visual Merchandising, Marketing, and Store teams
    • Ensure on-time launches and strong in-store execution

    5. Team & Stakeholder Management

    • Guide and mentor junior buyers / executives Manage internal and external stakeholders effectively

    Ideal Candidate Profile

    • 8–15 years of experience in furniture buying/category management
    • Experience in large format retail
    • Strong exposure to domestic + import sourcing
    • Proven track record of managing category P&L
    • Deep understanding of furniture materials, construction, and price architecture
    • Strong negotiation and analytical skills

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