BUYING & MERCHANDISING – APPAREL

V2 Retail Ltd. – Value & Variety is looking for experienced professionals to join our Buying & Merchandising (B&M) team at our Head Office in Gurugram, Delhi NCR.
Position
Buyer / Senior Buyer – Buying & Merchandising
Department: Buying & Merchandising
Industry: Fashion / Apparel / Value Retail
Location: Gurugram, Delhi NCR
Experience: 6–7 Years Preferred | Up to 15 Years
Employment Type: Full-Time | On-Site
Categories: Men's | Ladies | Kids
Role Overview
We are looking for a commercially strong and experienced Buyer / Senior Buyer who can independently manage product sourcing, range building, vendor management, costing, negotiations, order placement and category performance.
The ideal candidate should have strong exposure to the Apparel / Fashion Retail industry with a good understanding of consumer trends, product development, vendor networks, commercial negotiations and retail trading.
Key Responsibilities
Buying & Range Development
Plan and build commercially viable product ranges according to category and business requirements.
Identify new product opportunities through market visits, trend research and competitor analysis.
Develop the right product mix across style, colour, fabric, size, price point and depth/width.
Work closely with internal teams for range planning, product selection and approvals.
Sourcing & Vendor Management
Source new vendors and maintain strong relationships with existing suppliers.
Coordinate with vendors for sampling, product development, costing, quality and production.
Negotiate cost, MOQ, lead time, payment terms and commercial conditions.
Monitor vendor performance, delivery timelines and quality adherence.
Merchandising & Category Management
Analyse sales, stock, sell-through, stock ageing and product performance.
Identify bestsellers, slow movers and opportunities for repeat orders or line extensions.
Support replenishment, allocation and assortment decisions based on trading performance.
Track market trends, customer preferences and competitor pricing/promotions.
Costing & Commercials
Ensure product costing and margins are aligned with business targets.
Analyse product costs and identify opportunities for commercial optimisation.
Ensure buying decisions are aligned with category budgets and OTB.
Order & Product Execution
Manage purchase orders and order books from placement to execution.
Ensure accuracy of styles, quantities, colour/size ratios, costs and delivery timelines.
Coordinate with Buying, Merchandising, Planning, Sourcing, Quality, Supply Chain, Warehouse and Store Operations for smooth product flow.
MIS & Business Analysis
Prepare and analyse category-level MIS and trading reports.
Monitor sales, inventory, sell-through, replenishment and margin performance.
Provide product/category insights to senior management for business decisions.
Candidate Profile
We are looking for candidates with:
6–7 years of relevant experience preferred, with candidates having up to 15 years of experience also considered based on role fit.
Strong experience in Apparel / Fashion Retail / Buying & Merchandising.
Hands-on experience in Buying, Sourcing, Range Building and Vendor Management.
Strong understanding of Apparel products, fabrics, trims, sizing, costing and commercial negotiations.
Good knowledge of retail sales analysis, stock management, sell-through and replenishment.
Strong vendor network and negotiation capabilities.
Excellent analytical and commercial acumen.
Strong proficiency in MS Excel and retail MIS.
Exposure to ERP / retail planning / buying systems will be an advantage.
Strong communication, coordination and stakeholder-management skills.
Ability to work in a fast-paced retail environment and manage multiple categories/deadlines.
Qualification
Graduate / Postgraduate in Fashion, Apparel, Retail Management, Merchandising, Business Management, Commerce or a related field.

Work arrangement
No