About Us

As a leader in luxury retail in the Middle East, Al Tayer Group\'s retail division, Al Tayer Insignia, hosts a portfolio of some of the world\xe2\x80\x99s best luxury brands in the fashion, jewellery, home and department store categories. Complementing its position in luxury retail, Al Tayer Insignia has also built new frontiers in lifestyle retail, representing leading brands in the Beauty, Home, Fashion and Hospitality sectors. Our brands include Bloomingdales, Harvey Nichols and Armani to name just a few!

About The Role

Drive category sales, cash margin and inventory management through profitable decision making.

Work to a WOS target for inventory management and OTB planning, with a lense to drive sales and cash margin making decisions.

Participate in the development of annual sales budgets and forecasts for specific brands by analyzing data on seasonal/ yearly trends.

Monitor performance against plan, taking appropriate action to maximize sales and margins.

Identify and evaluate sales and gross margin opportunities at department level.

Review, propose and implement mark-down activity to reduce terminal stock, whilst analyzing action taken on mark-downs to maximize profit.

Communicate trading issues and forecasts with proposed actions to senior management and Buying team.

Implement the agreed departmental strategy, in conjunction with the Buying team.

Evaluate market and customer information together with historical data and forward trends to develop the merchandise plans.

Work with relevant stakeholders to monitor overall inventory levels to plan and forecast.

Manage and review replenishment orders for the relevant products based on model stock and trends to achieve optimal sales, profit and inventory performance.

Identify slow and best sellers, responding quickly to maximize sales and minimize risks.

Implement the agreed markdown strategy and communicate to stakeholders.

Ensure all inventory targets are met, including stock turnover, WOS, terminal stock and movements to sale outlets.

Identify inter-store transfer of stock and direct the distribution of goods to ensure store targets are met.

Responsibility for accurate and timely completion of OTB at the relevant product level within MFP.

Provide ongoing feedback and information to team members on sales results, competitive practices, and delivery issues with vendors and other specific information which could impact the performance of the business.

Build and maintain effective working relationships with suppliers.

Manage all aspects of the allocation and replenishment function.

Analyze Suppliers\xe2\x80\x99 delivery performance and, in conjunction with the Buying team, take appropriate actions.

Contribute to future supplier strategies.

Measure products\xe2\x80\x99 performance against agreed quality standards and take necessary action with suppliers.

Assist in the decision-making and problem solving on supplier / brand / partner issues.

Develop and maintain effective working partnership with divisions particularly Retail Managers / Store Managers / Logistics and Operations

Drive decision-making and problem solving relating to merchandise issues at division and location level.

Ensure efficiency and effectiveness of merchandising business processes.

Manage communication and coordination with stores regarding price changes, product discontinuation, and brand / item focus.

Ensure team results, relationships and processes are aligned with the Company\xe2\x80\x99s mission, values, and policies.

About You

Education/Certification and Continued Education

• University Degree in any discipline

Years of Experience

• 3-5 years\xe2\x80\x99 experience in planning function of large scale retail operations

• Computer literacy

Knowledge and Skills

• Analytical skills and in depth knowledge of the industry

• Able to communicate effectively at Management Level

Additional Information

Al Tayer Group