Strategic Product Procurement Manager

7 days ago


Kuwait City, Al Asimah Alghanim Industries Full time

At Alghanim Industries, we seek a skilled and experienced Sr. Buyer to join our team.

Job Description

Job Summary:

  • To drive profitable sales and enhance customer satisfaction by developing and executing a comprehensive product range that meets the buying critical path.
  • Sourcing, negotiating, and managing a portfolio of products that align with the company's customer, brand positioning, and financial objectives.

Key Responsibilities:

Category Management Strategy

We are looking for a strategic thinker who can develop and implement category strategies to optimize product mix, pricing, and profitability. Key responsibilities include:

  • Conducting market analysis, identifying trends, and delivering product innovation.
  • Developing and implementing category strategies to optimize product mix, pricing, and profitability.
Supplier Relationship Management

The ideal candidate will have excellent relationship-building skills and be able to build and maintain strong relationships with key suppliers to ensure product quality, timely delivery, and competitive pricing.

  • Negotiating contracts and driving cost reduction initiatives.
  • Building and maintaining strong relationships with key suppliers.
Financial Performance

We expect our Sr. Buyer to achieve and exceed sales, margin, and inventory turnover targets.

  • Achieving and exceeding sales, margin, and inventory turnover targets.
  • Conducting regular performance analysis with merchandising and taking corrective actions as needed.
Team Leadership

The successful candidate will have leadership skills and be able to lead and develop a high-performing Junior/Assistant Buyer.

  • Leading and developing a high-performing Junior/Assistant Buyer.
  • Setting clear expectations, providing guidance, and fostering a collaborative work environment.
Cross-Functional Collaboration

Excellent communication and collaboration skills are essential for this role, as you will need to work effectively with design, merchandising, sourcing office, marketing, sales, VM, and operational teams.

  • Collaborating effectively with cross-functional teams.
  • Ensuring seamless product lifecycle management.
Market Analysis

You will need to monitor market trends, competitor activities, and customer preferences to identify opportunities and mitigate risks.

  • Monitoring market trends, competitor activities, and customer preferences.
  • Identifying opportunities and mitigating risks.

Requirements:

  • At least 5 years of buying and product development experience.
  • In-depth knowledge of and experience in buying and product development in Home Furnishings.
  • Professional development in retail strategy/category management.
  • Excellent analytical skills and aptitude to draw out plans and assess accurately the market needs for the category.
  • Excellent written and verbal communication skills.
  • Excellent MS Office skills + knowledge of SAP or Business Objects preferred.


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