Fayas Badharudeen
8 Years of Buying Experience and M B A GraduateA competent professional with over 8years of experience in Procurement Operations
Expertise in devising & implementing various innovative procurement processes / procedures; translating ideas into clear & actionable business requirements & recommendations
Skilled at building & maintaining vendor relations, evaluating vendors, managing buyer processes and analyzing reports
Exposure of negotiating with the suppliers to clarify contract, delivery, term of payment and other issues
Managed systems and procedures for effective inventory control for ensuring ready availability of materials
Experience of monitoring economic performance of the assigned categories across store formats (sales, gross margin, profit & loss) and consistency with the company commercial strategy
An effective communicator with strong planning, interpersonal and management skills
Good Communicator, Intuitive,Collaborative, Innovator.
Experience in retail field like Lulu Hypermarket,The sultan Center & Nesto Hypermarket
Last Resume Update | April 24, 2019 |
Address | Dubai, United Arab Emirates |
fayasrayan@gmail.com | |
Phone Number | 00971562236288 |
Experience
Senior Buyer
Administering sourcing of suppliers on demand of variety products and brands
Leading procurement of new electronics, home appliances items and mobiles from regular suppliers
Supervising and instructing colleagues for regular items based on the movement & store requirement
Formulating prices of the items based on pricing guidelines and market situation
Executing negotiations with the suppliers for best price in the market and for the promotional item
Ascertaining optimum category inventory levels are maintained in the business keeping in mind store requirements
Identifying weekly promotional products and pricing each item to the best in the market
Liaising with Marketing Team for the booklet preparation by giving product and price detail
Corresponding with Operations Team for the merchandise of promotion products and regular products
Ensuring no category stock-outs occur due to discrepancies in merchandise planning
Managing inventory to ensure there is no excess category inventory at stores and that aged stocks are cleared
Assisting and guiding colleagues on their queries on systems, reporting & planning
Coordinating with Finance Department to establish LC & follow-up on payments to suppliers
Buyer
Formulated & maintained local assortment and integrated the basic assortment for the department/categories
Executed pricing the items based on pricing guidelines and recommended prices for PL & imported items
Identified local promo products &pricing each item and submitted forecasting/relevant-reordering information to replenishment
Selected local suppliers and executed negotiating & purchasing in line with expected needs guided by corporate guidelines & standards such as cost price, discounts, rebates & payments term discounts
Implemented business unit strategy &category plans for selecting brands &items and setting prices
Sharedinformation with Corporate Team regarding characteristics & positioning of the products needed and quantities for international and regional contracts
Managed other functions such as operations, logistics &other areas in merchandise, private label, promo & display
Tracked all the orders status including shipment dates
Central Purchaser
Executed procurement operations of variety brands, models and design of products
Created an item code in the system and ensured ranging in to all the stores
Administered range building and selection/buying process of ranges
Managed category promotions; provided inputs on expected margins, possible price points and other parameters for promotions within the product category
Maintaining RSP and Profit Margin
Conducted analysis of existing stock levels; liaised with the Buying, VM &Marketing Team for timely roll-out of promotional campaigns to maintain the inventory holding norms and achieve targeted sales
Prepared credit note to supplier based on mark down price during the promotion period
Maintained stock and performed stock ageing analysis
Compared & analyzed quote with previous purchase and competitors
Coordinated for sales with all branches across Abu Dhabi
Education
Master of Business Administration
Bachelor of Business Management