• Analyse and interpret department financial reports and budgets
• Analyse vendor performance for sales
• Seasonal forecast, Plan and maximize cost with sales
• Make strategic decisions to achieve business results and growth
• Drive Business to meet current and long-term department goals
• Assist and provide a framework of useful inventory reports for management KPI and strategic planning review. To provide Inventory and POS system support and updating of promotional activities on POS system where necessary. To maintain inventory accuracy and replenishment from warehouse to outlets.

Manage the inventory level for retail operations

• Understand store assortment mix and plan sourcing correct inventory levels for stores
• Manages Budget, cost of sales and inventory
• Coordinate and assist with half yearly physical inventory and cycle counts in Retail Stores
• Identify and deliver on continuous improvement projects and achieve department KPIs
• Works and support Director Retail Operations for sourcing of products, scouting of vendors, Price strategies and Product Development Process
• Ensure that all suppliers sign NDA and adhere to Procurement policy.
• Ensure that all products sourced comply with all GCC Health & Safety Regulations
• Manages Vendors Social Compliance Audits

Manage the inventory level for retail operations

• Understand store assortment mix and plan sourcing correct inventory levels for stores
• Manages Budget, cost of sales and inventory
• Coordinate and assist with half yearly physical inventory and cycle counts in Retail Stores
• Identify and deliver on continuous improvement projects and achieve department KPIs
• Works and support Director Retail Operations for sourcing of products, scouting of vendors, Price strategies and Product Development Process
• Ensure that all suppliers sign NDA and adhere to Procurement policy.
• Ensure that all products sourced comply with all GCC Health & Safety Regulations
• Manages Vendors Social Compliance Audits
• Understand IP\xe2\x80\x99s License Agreements and their requirements for vendor and product approvals
• Process orders with suppliers
• Manages reorders ensuring best seller\xe2\x80\x99s items are always available while optimizing inventory levels
• Maintenance of the procurement system (Vendor and SKU data introduction and updates. Product creation in system.
• Follows up orders to vendor ensuring deliveries are on time and as per purchase order terms.
• Manage Retail Product pertaining to the licenses across Motiongate Dubai for Retail, including Licensor relationships, Contract agreements, Product development, Brand plans, and Brand forecasts. Develop ranges that are commercial, customer-focused, on trend and in line with the theme
• Develop and create own generic and licensed products (Electronic Gadgets, Toys, Plush, Stationery, Souvenirs, Apparels, Confectionary and Accessories) by initiating the project and following-up the entire product development process (Creativity, sketches, designer briefs, prototypes, samples, finished goods).
• Provide effective & timely feedback to Vendors/Suppliers, negotiating development, tooling and Product costs, whilst staying on track with development timelines.
• Demonstrate pro-activeness in sourcing new ideas by captivating inspiration from diverse International market and Theme Parks across the Globe.
• Increase and strengthen our Vendor base to improve trading terms and key partnerships.
• Monitor new and replenishment orders, estimation of quantities and retail prices, according to customer analysis, competitors\' offer, general/seasonal trends and Demographics.
• Propose and initiate price changes / markdowns to achieve planned gross margin.
• Ensure that all products comply with GCC safety standards and other requirements specified by law or captured in the IP agreements
• Understanding testing requirements as per the GCC Regulations and Liaising with government authorities to formulate product / package as per requirement without jeopardizing brand image in the market.
• Analyzing vendor performance for sales, sampling and development, costs and communication, review/action plan whilst discussing the opportunities/forecast for the following season.
• Negotiation, Re-Negotiate with Local and International Vendors, Contractors, Freight agent and Suppliers to best business terms with the vendors.
• Maintain effective communication with the Warehouse Team with regards to Inventory control and ensure processes are in place across the Retail Department.
• Monitor & Analyze Sales and Inventory Reports.
• Manage New/Replenishment purchase orders for the Retail divisions based on model stock and trends to achieve optimal sales.
• Present Range concepts to the Senior Management and finalize the Budget for the entire Retail Range.
• Communicate with the IP\'s. Product Development Team on a regular basis and follow up on new Product Line developed for the International Market, so the same may be sourced/procured for our Park, New Nominated International Vendors/ Suppliers.
• Any other duties as may reasonably be requested by the management team.

Bayt