Assistant Product Manager Damas Jewellery UAE

Job Detail

Job ID 6590
Career Level Intermediate
Experience 2 Years
Gender Male Female

Job Description

Product Assistant Manager at Damas Jewellery will be responsible for analyzing merchandise sales and planning a store’s inventory accordingly. To review and execute an allocation plan & adapt it to what’s yielded by the sales. Complete ownership for Stock Consolidation, Stock Replenishment & creating Range plans to maximize profit of the Brand/Collection and building and driving Merchandising best Practices. The Job holder is also key to driving cross functionality across key departments.

Responsibilities of Assistant 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 Replens 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 (including Sellout performance, actuals vs Targets, etc.) and 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.
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: Analyze and manage the stock levels.

Requirements for Role of Assistant Product Manager

University degree in business, ideally with Business/Commerce and sales focus or equivalent professional experience.
3 years experience in Product, Merchandising, Stock Assortment, Consolidation, Replenishment, Analysis.

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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