Product Manager Diamond Damas Jewellery Dubai
Full time @Johnson Controls posted 10 months ago Shortlist Email JobJob Detail
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Job ID 8908
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Career Level Senior
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Experience Fresh
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Gender Female|Male
Job Description
Product Manager (Diamond) at Damas Jewellery will be responsible for analyzing merchandise sales and planning a store’s inventory accordingly. To review and execute an allocation plan & and adapt it to what’s yielded by the sales. Complete ownership for Stock Consolidation, Stock Replenishment & creating Range plans to maximise profit of the Brand/Collection and building and driving Merchandising best practices. Candidate is also key to driving cross-functionality across key departments.
Responsibilities of Product Manager
- Stock Consolidation: Complete ownership to have right stock in right time and in right place.
- Stock Consolidation: Stock Replenishment Range Architecture NOOS Product Sell Out Purchase Plan Terminal Stock Analysis.
- Complete ownership to monitor the Sales & Stock performance and ensure timely Replenishment to achieve Sales Targets.
- Placing Replen Order: Ensure to place timely orders considering the lead time (from order placement to stock arriving in stores) and to avoid NOOS situation.
- Reports: Prepare regular reports to analyze Sales & Stock performance & action plan accordingly
- Review with Planning Manager.
- Communications: Constantly communicating with cross functions (Logistics, DC & QC, Finance, IT) & Product Team to ensure all teams are aligned with regards to stock arriving in store on time.
- Range Architecture Planning: Prepare analysis & review with Planning Manger to maintain right balance of Sales & Stock mix by Brand/Collection by market.
- Price Architecture – Prepare analysis & support Planning Manager in reviewing with Product, Retail & Finance team during selection / deselection of product by Brand by collections (taking into account Discounts & Budgeted Margins).
- MD strategy: Support Planning Manager to prepare markdown strategy by collection to set Full price, Markdown and Promotional Activity margins.
- Inventory Management: Prepare summarized Inventory by Age Analysis for further review and analysis with Planning Manager.
- Analysis: Analyse and manage the stock levels
Requirements for Role of Product Manager
- University degree in business, ideally with Business/Commerce and sales focus or equivalent professional experience
- Minimum 3 years of experience in Diamond Jewellery, Product, Merchandising, Stock Assortment, Consolidation, Replenishment, Analysis Experience.
- Experience in Jewellery, Diamond division is a plus.
Skills And Knowledge Desired
- Work with ownership.
- Advanced skills in MS Office (advance in Excel with formulas, Power Pivots, data management).
- Fluent in English.
- Advanced knowledge of Retail Management Systems.
- Strong analytical skills.
- Structured, organized and process-orientated.
- Attention to detail as errors in analysis will have a crucial impact on business.
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