Jobs in Kuwait - career in Kuwait - vacancies in Kuwait-Buyer - Alghanim Industries-Jobs in Kuwait - career in Kuwait - vacancies in Kuwait
Retail is a fast paced, dynamic and often pressurized environment, so attention to detail and the ability to manage large workloads. You will be supporting internal Safat Home and Alghanim Industries departments and suppliers by responding accurately and promptly to product related queries. Communicating with showrooms on a regular basis and gathering information on the market and competition.
Key Tasks
- Prepares range /buying plans based on sales budget/forecast with Category Manager / Buying Director sign off.
- Manages product performance, including sell through, to recommend price action, promotional activity and / or reorders.
- Attends international Trade Fairs and Exhibitions to select products, monitor market trends/influences and in order to maintain relationships with key suppliers
- Ensure that optimal stock levels are being maintained across all continuing lines and that business stock target is achieved.
- Clarifies roles and responsibilities of the team and briefs colleagues about what is needed
- Interacts with all cross functional teams, including Retail Operations, Sales, Marketing, Merchandising,
- Finance, OSO, Warehouse, Group Control and IT
- Identifies market opportunities for range extensions in order to grow the category , in line with overall strategy of the HF business
- Ensure effective delivery of all promotional campaigns, discounts and product launches within the agreed promotional calendar.
- Interacts with Sales colleagues on a regular basis to ensure that customer feedback is communicated in order to maximise opportunities within the range
- Regular visit to Safat Home stores and competitors’ stores to keep up to date with external market trends, competitors’, ranges, pricing strategies, promotions, etc. make recommendation to Category Manager accordingly.
- Sets goals and objectives for the team and monitors against actual performance
- Uses market information to develop plans to promote new and existing products
- Develop and coach junior buying team members
- Communicate ideas / suggestions for improvement and efficiencies
Key Accountabilities
- Preparation & Maintenance of the buying budget – Preparing an Open-to-Buy plan every month based on the overall directives from the business. Maintaining of buying decisions based on strategies.
- Identification of purchase requirements – Coming up with relevant stock levels across all ranges and meeting actions, ideas to maximize sales and profits. Rationalizing product offering to deliver consumer and market needs. Manage core/ value/ promo/ fusion ranges and stock flow of all lines.
- Range launches – coordinating the launch of new ranges in store, tracking performance of new lines .Managing allocation / replenishment of stock to stores and maintain well-balanced stocks with an effective stock program that is reviewed and revised regularly.
- Ideal display stock holding – devise ideal stock holding levels for the showrooms and the business across all categories
- Monitoring – best sellers /slow sellers, ageing stock and maximize the fast selling items and find ways to exit of the slow sellers.
- Planning and execution of “Promotions/Sales/Campaigns”
- Product Selection – Selecting products to be put in promotional campaign.
- Price setting – Proposing a sale promo price for the selected SKUs based on pre-decided business parameters
- Merchandise allocation – allocation of sale stock to the showrooms
- Monitoring – Weekly monitoring of on sale stock to enhance sale effectiveness
Job Details
| Posted Date: | 2020-10-25 |
| Job Location: | Kuwait |
| Job Role: | Purchasing and Procurement |
| Company Industry: | Retail & Wholesale |
| Monthly Salary: | US $2,000 |
Preferred Candidate
| Career Level: | Mid Career |
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Jobs in Kuwait - career in Kuwait - vacancies in Kuwait-Buyer - Alghanim Industries-Jobs in Kuwait - career in Kuwait - vacancies in Kuwait
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