Date: 8 Sep 2024

Location:
KW

Company:
Alghanim Industries

Long Description Job Summary
To drive profitable sales and enhance customer satisfaction by developing and executing a comprehensive product range to the buying critical path. Sourcing, negotiating, and managing a portfolio of products that align with the company's customer, brand positioning and financial objectives.

Job Responsibilities

Strategic Category Management: Develop and implement category strategies to optimize product mix, pricing, and profitability. Conduct market analysis, identify trends, and deliver product innovation.

Supplier Relationship Management: Build and maintain strong relationships with key suppliers to ensure product quality, timely delivery, and competitive pricing. Negotiate contracts and drive cost reduction initiatives.

Financial Performance: Achieve and exceed sales, margin, and inventory turnover targets. Conduct regular performance analysis with merchandising and take corrective actions as needed.

Team Leadership: Lead and develop a high-performing Junior/Assistant Buyer. Set clear expectations, provide guidance, and foster a collaborative work environment.

Cross-Functional Collaboration: Collaborate effectively with design, merchandising, sourcing office, marketing, sales, VM and operational teams to ensure seamless product lifecycle management.

Market Analysis: Monitor market trends, competitor activities, and customer preferences to identify opportunities and mitigate risks.

Driving Sales: Lead a culture of driving sales & profits with junior team members and cross functionally

Digital: work closely with the merchandising, online and marketing teams to deliver online product strategy

Candidate Requirements

At least 5 years buying & product development experience

In-depth knowledge of and experience in buying & product development in Home Furnishings

Professional development in retail strategy / category management

Excellent analytical skills and aptitude to draw out plans and assess accurately the market needs for the category

Excellent written and verbal communication skills

Excellent MS office skills + knowledge of SAP or Business Objects preferred

Strong relationship building skills

Strong negotiation skills

Organizational leadership skills

Attention to detail / analytical

Superior drive + follow up

Education Bachelor’s Degree