Grocery Private Label Product Manager
5 days ago
Majid Al Futtaim Retail invites you to join us in our quest to create great moments for everyone, everyday We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities - all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.
**Role Purpose**:
The **Product manager** is responsible and accountable for driving design for private label products in the FMCG, The role holder must maintain category analysis, product development rate, supplier negotiations and category pricing management.
**Role Details - Key Responsibilities and Accountabilities**:
- Drive the categories in both top line and bottom line through quality assortment, price, and content.
- Checking and updating the PL prices on a daily, weekly, and monthly basis based on the market trends.
- Responsible for effective price negotiation with the collaboration of the merchandising team to ensure best prices, deals, and large quantity of goods in three main categories in the CG department.
- Deliver selection, profitability, and sales targets by leading the business segment on the needs of the customer and identifying suitable opportunities for the category.
- Analyse daily data pertaining to price fluctuations and price problems for all categories.
- Identifying and mapping business strengths and customer needs and work on developing those needs.
- Build and maintain relationships with senior leaders of partnered vendors to grow and optimize the joint retail and import businesses.
- Work to ensure a reliable, operational a cost-effective flow of goods, from ordering to receive.
- Monitor, analyse and take actions regarding each specific section in terms of items profitability, penetration.
- Working closely with the online team to ensure private label product availability on the digital and online team
- Studying & digging deep into each category to ensure having the proper PL assortment in the top performing category with the right pricing.
- Working daily with the replenishment team to ensure PL range product availability in the warehouse.
- Prepare the product promotional calendar for each season and select the proper range needed.
- Managing & aligning with marketing team for the printed and digital leaflets.
- Renewing and creating contracts to existing & new suppliers as per MAF guidelines and policy
- Having a weekly stores visits to check the products visibility and its alignment with the planogram.
- Checking the OOS on daily bases and take actions accordingly.
- Working closely with loyalty team to include PL items in each of the digital and printed leaflet and optimizing the customer satisfaction for PL items.
- Sending quarterly forecast for suppliers to prepare production accordingly.
**Human Capital Responsibilities**
- Ensure the implementation of the performance management process.
- Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
- Identify training needs and coordinate with the HC department to ensure facilitation of training requirements.
- Oversee the development and implementation of on the job-training.
- Ensure constant availability of the required competent staff to support the organization in meeting all its responsibilities, plans, and objectives.
- Provide inputs while developing MAF Retail’s corporate policies and relevant procedures and monitor the implementation.
**Financial Responsibilities**
- Monitor allocated budget to ensure compliance and take corrective measures when necessary.
- Provide inputs on the development of annual budget.
- Review financial reports for accuracy and consistency.
- Develop necessary measures towards continuous reduction of the operational cost.
**Personal Characteristics and Required Background**:
**Minimum Qualifications/education**
- Bachelor’s degree in Business Administration.
**Minimum experience**
- A minimum of 2 - 4 years of experience across product innovation.
- Retail industry experience is plus.
**Preferred Languages**
- English (Full professional proficiency - Required)
- Arabic (Professional efficiency - Advantage)
**Skills**
- Excellent team work skills and people agility with high level of collaboration.
- High level of problem solving skills and detailed oriented.
- Solid analytical skills, trouble-shooting skills; planning and organizational skills
- Operational agility and nimbleness to adapt to changing retail environment
- Proficient computer skills - MS Of
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