Product Manager - Durban, South Africa - Traut Personnel

Traut Personnel

Verified Company

Durban, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

A unique opportunity with a world-leading luxury African Brand (ceramics/fashion/homeware) based in the Midlands in Natal. A Homeware Buying background preferred.

To secure this position, you require the following:
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Job Description_

Overall management of product development to ensure the development, implementation and management of the product plans to maximize sales and profits.
Market Research.
Acquire market intelligence through various sources, and analyse trends to determine an

- appropriate product strategy.

Use analysis to identify the right product type, quality, style and colours.
Product Planning.
Prepare annual plans for each product category, in line with financial objectives in terms of sales, margins and stock holding.
This will include new product/category launches and newness in existing categories.
Utilise historic and market data to inform the planning process.
Ensure product plans are also aligned with the marketing and event calendar.
Reviewing existing products and sales performance and making necessary adjustments.
Product Buying.
Develop all specifications of the product features, functions, packaging and resource requirements.
Design Project Management.
Oversee the Project Manager who manages the Design team's project and development timelines.
Product Sourcing and Supplier Management.
Create an adequate vendor base to mitigate risks and ensure optimum quality.
Maintain relationships with key vendors who are critical for the long term success of the business.
Communicate annual product plans and requirements including drops, quantities, lead times and replenishments.
Negotiate MOQ's, pricing, specific merchandise requirements, terms and service level contracts.
Pursue cost reduction measures through bulk buying and/ or selecting appropriate vendor mix, scanning the environment for benchmarks and constantly improving the purchase process.

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Key Requirements_

Degree in Business or related field.
10 years relevant experience of which at least 8 years should have been in Retail Industry.
Good knowledge of Buying principles and processes.
Advanced knowledge of Retail Industry and luxury Retail Brands.
Advanced presentation skills (creative).
Strategic thinking.
Result orientation.
Teamwork and collaboration.
Communication skills.
Planning and organising skills.
Commitment to excellence.

Position located in Natal Midlands. Call Gabi Traut