About the Role:
You will be responsible driving the success of our Fresh & Frozen categories at M&S, reporting directly to the Head of Food. You will collaborate with our brand principle and internal stakeholders, analyse market trends, and develop strategies to maximise sales and profit through delivering optimised product selection, pricing, and inventory management.
Responsibilities:
Forecasting and Inventory Management
• Ensure merchandise catalogue meets customer requirements, reflects the best of M&S and delivers our financial objectives.
• Manage stock commitment at country and store level to maximise sales and profitability through effective planning, forecasting and allocation.
• Work collaboratively with 3PLs and authorities to overcome potential supply and logistics related challenges.
Pricing and Profitability
• Set and maintain clear price structures which are both competitive in the market and achieve our financial objectives.
• Maximise profitability through commercial data driven analysis.
Stakeholder Management
• Foster a positive working partnership with retail teams and conduct regular store visits to gauge customer feedback and identify market trends.
• Collaborate with marketing and VM to develop and execute promotional activities which drive positive customer behaviours and deliver sales targets.
• Liaise effectively, and positively influence the M&S UK principle food team for the enhancement of the food business in Singapore.
Market/Customer Trends
• Maintain strong awareness of local and global food retail trends, understanding customer patterns to develop strategies for growth.
• Perform regular market analysis to generate new ideas and identify opportunities and threats.
Requirements:
• A Degree with 5+ years of buying experience, preferably with experience in Food or FMGG industry
• Strong analytical skills with the ability to interpret data to solve problems and make data-driven decisions.
• Excellent communication and interpersonal skills, with the ability to lead and motivate a team.
• Ability to work independently, with strong attention to detail
• Knowledge of Singapore legislation and regulations governing the importation and sale of Food would be an added advantage.
Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates. Structured into six divisions; automotive, retail, electronics, engineering and technology, real estate, financial services and general services, Al-Futtaim operates through more than 60 companies and maintains a decentralised approach, giving individual businesses flexibility and versatility to maintain a competitive stance. Employing in excess of 20,000 people across the UAE, Bahrain, Kuwait, Qatar, Oman, Egypt, Syria, Pakistan, Singapore and Europe, this approach benefits employees, providing a clearly defined work culture where individuals are empowered with authority and responsibility for their work. The success of Al-Futtaim is attributed to proactively managing change whilst upholding the values of integrity, service and social responsibility. The majority of businesses, built on a portfolio of world leading brands, dominate their sector.
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