Dear Job Aspirants,Greetings from The Chennai Silks (Asia's Largest Textile Kingdom)!!!!!We are Hiring!!!!!Job Title: Mens Purchase ManagerJob Summary:The Mens Dress Purchase Manager is responsible for planning, sourcing, and procuring high-quality Mens dress apparel and accessories, including suits, shirts, trousers, ties, and shoes. This role ensures optimal inventory levels, negotiate with suppliers, analyzes fashion trends, and collaborates with internal teams to meet sales, margin, and customer satisfaction targets.Key Responsibilities: Vendor & Supplier Management: Identify, negotiate, and maintain relationships with local and international suppliers. Evaluate supplier performance (pricing, quality, delivery timelines) Product Sourcing & Selection: Source new mens dress wear products aligned with brand image and customer preferences. Collaborate with designers and merchandisers to select seasonal collections. Attend trade shows, fashion events, and market visits Inventory & Stock Planning: Forecast demand based on historical sales data and market trends. Plan and manage inventory levels to avoid overstocking or stockouts. Coordinate with warehouse and logistics teams to ensure timely delivery. Cost & Budget Management: Develop and manage purchasing budgets. Monitor and optimize cost margins through strategic purchasing. Market & Trend Analysis: Monitor fashion trends and competitor offerings in mens formalwear. Provide insights and recommendations to guide merchandising and marketing. Cross-Functional Collaboration: Work closely with marketing, sales, and e-commerce teams to plan promotions. Partner with the design team for custom or private label collections. Qualification Bachelors degree in Fashion Merchandising, Business Administration, Supply Chain, or related field. 3 to 5+ years of experience in apparel buying or fashion purchasing (Menswear preferred). Strong understanding of mens dress apparel, fashion trends, and customer behavior. Excellent negotiation and vendor management skills. Strong analytical and financial acumen. Proficiency in inventory management software and Microsoft Excel. Excellent organizational, time management and communication skills. Preferred Qualifications: Prior relationships with menswear brands or manufacturers. Passion for men's fashion and formalwear. Key Performance Indicators (KPIs): Cost savings vs. budget Inventory turnover rate Sell-through rate Vendor lead time and delivery accuracy Gross margin return on investment (GMROI) Work mode: In-person Location: Coimbatore