Description
Key ResponsibilitiesSource and procure perfumes and cosmetic products from the UAE and international markets.Identify, evaluate, and develop suppliers across different regions to secure competitive pricing, quality products, and reliable supply.Develop procurement plans and demand-driven replenishment strategies to ensure optimal stock availability.Create and execute category action plans based on market trends, consumer demand, and business objectives.Analyze demand forecasts and translate them into effective procurement and inventory plans.Identify target customer segments and recommend the right product portfolio to maximize sales and profitability.Work closely with Sales, Marketing, Finance, and Supply Chain teams to align procurement activities with business goals.Monitor market trends, competitor activities, pricing movements, and emerging opportunities to support category growth.Manage order planning, inventory levels, stock rotation, and replenishment cycles through effective OPSI analysis.Develop sales and inventory projections based on sell-out trends and demand forecasting.Take ownership of stock performance and provide recommendations on sell-out strategies to maximize inventory turnover.Maintain an in-depth understanding of the products being purchased and sold, including pricing, positioning, consumer demand, and market dynamics.Ensure optimal inventory levels while minimizing excess stock, stock-outs, and obsolete inventory.Drive category profitability through effective sourcing, pricing, and inventory management decisions.Demonstrate strong commercial awareness, analytical capabilities, and business acumen in all procurement and category management activities.