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Retail Furniture and Home Furnishings Product Specialist

2 weeks ago

Kuwait City, Al Asimah Safat Home by Alghanim Industries Full time
Product Management and Purchasing Lead Opportunity

Safat Home by Alghanim Industries is seeking a highly skilled Retail Furniture and Home Furnishings Product Specialist to lead our product management and purchasing efforts. This is an exciting opportunity to drive the development of our home furnishings category.

Key Responsibilities
  • Develop and implement category strategies to achieve sales and profitability targets, and maximize market share in the assigned category.
  • Work closely with senior management to develop assortment plans, including brands, products, and agencies, to ensure freshness and improve profitability.
  • Collaborate with the merchandising team to update planograms regularly, ensuring effective display principles and optimal inventory levels.
  • Train, coach, and develop team members to deliver business requirements and support their personal growth.
  • Implement promotional strategies through direct team and support functions to meet business objectives, reviewing effectiveness and updating the team accordingly.
  • Develop advertising and marketing strategies, implementing them through marketing and reviewing their effectiveness.
  • Manage order and replenishment processes through the team, ensuring optimal inventory, availability, and aged stock control.
  • Support new product development and sourcing for own brands, developing strategies and negotiating commercial terms.
  • Monitor market trends, review daily marketing data on core competition, and ensure competitiveness in assortment and pricing.
  • Work with service and support teams to improve business processes and increase customer satisfaction.
  • Develop online category strategies and promotional plans to ensure competitiveness with the market and grow online business.
  • Manage supplier relations, negotiate commercial terms, and follow up on timely payment of supplier receivables.
Requirements
  • Minimum 3 years' retail experience, preferably within the Home Furnishings sector, with a previous role in buying or merchandising.
  • Excellent numerical and analytical skills.
  • Experience with Business Objects/SAP is an advantage.
  • Team player and results-oriented.
  • Previous experience in branded home stores.
  • International experience preferred, willing to relocate.