Log In
Sign Up
Full Job Description
GMG is a global well-being company retailing, distributing,
and manufacturing a portfolio of leading international and home-grown
brands across sport, food, and health sectors. Its vision is to
inspire people to win in ways that make the world better. Today, GMG’s
investments span across four key verticals: GMG Sports, GMG Food, GMG
Health, and GMG Consumer Goods. Under the ownership and management of
the Baker family, it has become a leading global company, affiliated
with the world’s most successful and respected brands in the
well-being sector. Working across the Middle East, North Africa, and
Asia, GMG has introduced more than 120 brands into its
markets.
About the role
- Maintains and
analysis information on brand/category sales history, stock budget,
current inventory level, and prepares sales forecast by brand/category
and season to ensure seasonal ‘open-to-buy’ figures.
- Monitors brand/category plans based on insights gained
from store analytics, customer preference, historical trends.
- Coordinates with the buying team for necessary execution
and ensures effective in season management across retails stores/areas
(stock balancing, markdown management, stock analysis, stock vs sales
performance).
- Prepares capacity plan and control
inventories at each store tracks and monitors inventory levels for
each brand/category, keeping in mind store requirements as well as
working capital constraints
- Ensures identification
of obsolete/slow moving stock and obtain management approval on
markdowns and product discounts to ensure stock is liquidated as per
retail /brand SOP guidelines
- Prepares variance
analysis reports pf stocks and sales against budgeted figures,
identify brand/category growth opportunities to minimize down trending
business
- To manage Seasonal Sell Through at
Brand/Category level.
- Promotion and EOSS Planning
as per Ministry Guidelines.
- Monitors and sets
targets by brand/category for ITR, GMROI & GMROII and densities to
increase profitability.
Self-Management:
- Defines performance goals at the start of the year in
discussion with the reporting manager and ensures that the goals are
achieved during the course of the year
- Takes
ownership of his/her own learning agenda by identifying development
needs in consultation with the manager and agreeing on the individual
development plan which goes beyond just training and development
- Keeps abreast of professional developments, new
techniques and current issues through continued education and
professional growth
Qualification
- A minimum of 5-6 years of relevant experience
- Bachelor’s degree in Business Management, Buying and
Merchandising or its equivalent
