Senior Buyer - B&Q - Al Futtaim Retail - Riyadh, Saudi Arabia

Senior Buyer - B&Q - Al Futtaim Retail - Riyadh, Saudi Arabia
Al Futtaim Private Company LLC, Saudi Arabia

Experience
2 Years
Salary
0 - 0 USD
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
As Described in Job Ad
Total Vacancies
1 Job
Posted on
Mar 15, 2021
Last Date
Apr 15, 2021
Location(s)

Job Description

Ensure that ‘Category Management’, encompassing the above, through to in-store Planograms & layouts are followed and adheres to the process

Set the Product Category range priorities in accordance with the overall merchandise strategy and is agreed with the Head of Commercial and Country Manager/GM.\

Keep updated about local market conditions and requirements in each territory, such as “taste levels”, developing trends, competitor growth & customer buying habits as well as product acceptability. All these factors are used to ultimately arrive at a decision regarding range selection and the width & depth of the different product areas within the range.

Ensure the range is selected, priced & delivered, taking account of the product lifecycle as well as our supply chain and warehousing capabilities.

Maintain 96% in-store product availability in line with business KPIs

Product Forecast and Merchandise Management

Maintain ongoing communication with the Brands Regional Warehouses regarding all issues related to the ‘BRANDS sourced’ product range & product forecasts.

Ensure that sales forecasts are adapted to sales patterns in order to achieve an optimal goods flow.

Work closely with the 3PL partner & Planning & Business Analytics. Reviews performance of merchandise, plans vs. actual, viability of a particular item, stock cover etc. Based on analysis raises awareness of any product that may not be performing and plans for promotions, price cuts etc. Also identifies ‘best sellers’ and ensures that stock cover for these is adequate & reflects sales projections.

Ensure that product newness is maintained, i.e. that new products are introduced in a timely manner and discontinued ranges are cleared in an effective manner through part sale and other ‘clearance’ or promotional activities thereby ensuring that the aged stock profile & ‘quality’ of stock is kept to a minimum.

Ensure the OTB is set and managed and whether it is being operated by the buying or store teams is always in line with expectations.

Ensure the ‘Promotional Strategy’ is delivered, with the target sell through being achieved and has a full understanding of how they’ll deliver the promotional buying brief.

Gross Margin Management

Set the pricing strategy for the Brands category range in each territory and guarantees re-enforcement of the ‘Brands Value’ perception building items, when setting prices of the Brands range.

Set overall guidelines for margin exploitation by product area and ensures processes are established to analyse margin deviation. Is primarily responsible for the periodic Gross Profit Simulation exercise for each territory to make sure that pricing delivers the margin/ profit goals agreed.

Maintain a strategic communication link with Brands International regarding all matters relating to costs.

Evaluate the pricing of the total range prior to the ‘season’ start, ensuring prices are in line with set targets and market conditions.

Achieve cost benefits throughout the supply chain by taking strategic buying decisions.

Additionally, has the responsibility to make certain that overall margin goals are met irrespective of clearance sale and promotional activities. Manages the ‘blended’ margin.

Supply Chain Management

Work closely with the Demand Planning & Business Analytics team in defining, establishing and developing the supply chain operation i.e. as in realising benefits in sourcing directly from suppliers

Ensure that all objectives/ metrics are delivered including quality, quantity, cycle time and cost through development and execution of strategic and tactical initiatives.

Work with the Planning & Business Analytics teams in planning the flow of merchandise for brands in line with the overall volume goals set and with the purpose of maintaining stock as per requirements of the business.

Map the ordering process, the frequency of placing re-orders, and the use of warehousing facilities in a manner that the handling costs are kept to the lowest and lead times of the products are optimized.

Optimise all the benefits of SAP and ensures that the ‘system’ is allowed to operate unhindered.

All merchandise ordering is ‘managed’ by SAP whether local/domestic or import, based on ‘rules’ agreed and set by the job holder.

Has responsibility for category stock availability at country level.

Supplier/Vendor Management

Decide the budget goals for suppliers at country level.

Has total accountability in agreeing (with Head of Commercial) and setting supplier numbers

Ensure that supplier measures are incorporated into supplier management & that ‘Trading Terms&rsqu

Job Specification

About You

To be successfully considered for this role, you must demonstrate the folowing skills and qualifications:

Graduate preferably in Commerce, Economics, or Business Administration with specialisation in Retail purchasing & supplier management.

3-5 years’ experience of Category management, preferably in retail home improvement

Excellent skills in planning, organisation & negotiation

Good skills in supply chain management, merchandise management & all aspects of business management

Good working knowledge of SAP

High level of computer literacy and working knowledge of the logic and design of external data information platforms.

Should have a high level of market awareness, analytical ability, decision making, strategic thinking, teamwork & leadership.

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

Job Rewards and Benefits

Al Futtaim Private Company LLC

Consumer Goods - Dubai, United Arab Emirates
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