Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world’s most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview of the role
The Product Manager is responsible for achieving all the goals & targets relating to merchandise, i.e. range planning and assortment, range structure, number of articles, width and depth of the range, sales targets, pricing and gross margins, number of suppliers, negotiation & trading terms, assortment planning, planogram cycle, and implementation of the promotional/seasonal strategy of the business across all territories. They will work in tandem with the Category Head and other Product Managers to build the assortment and achieve the business goals.
Required to work cross functionally across departments to forecast the needs of the business and make decisions based on customer and market trends and sales, ensuring high levels of newness is constantly being introduced while managing effective inventory and stock controls.
The Product Manager should be analytically minded, sales and customer driven, possessing good negotiating skills to secure the best prices according to budget with a good knowledge of sales and marketing principles in order to drive the commercial objectives.
With a background in purchasing and supply chain management, the candidate will take a proactive approach in reviewing the commercial offer, making recommendations and implementing changes. The role will have a clear project focus, supporting the business function at a strategic level to achieve budget goals and new range development.
What you will do
Range Selection
Product Forecast and Merchandise Management
Gross Margin Management
Supply Chain Management
Supplier/Vendor Management
Business Development
System development & Co-ordination with different functions
Required skills to be successful
What equips you for the role
About Al-Futtaim Retail
Al-Futtaim Retail has established itself as one of the leaders in Retail across the Middle East, Africa & Asia over the past 30 years. We have developed partnerships with some of the biggest and most respected Brands in the world including IKEA, ACE and Toys R Us in the Middle East and the Inditex Group of Brands (Zara, Mango, Bershka and P&B) across Asia. We are also one of the largest Global partners of Marks and Spencer’s in both regions with over 75 stores offering both fashion & food options.
Most recently we have been responsible for bringing brands to the Middle East for the first time with the exciting launches of Watsons and B&Q and we aim to continue to be agile and adaptive to our markets with new launches and further development. For this to be possible we aim to recruit the best talent from all backgrounds who will continue to challenge and develop our diverse workforce which includes over 100 nationalities across 12 countries. Join us today and make a difference…
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