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Position Summary:
The Product Manager will be working in collaboration with the Senior Product Manager of Retail in selecting items and developing buying plans by line/product with Catalogue and Retail category marketing strategies and objectives
Responsibilities:
-Working with Senior Manager to develop assortment strategies, selecting vendors and products based on specific requirements, trends, timing, target customers and distribution.
-Responsible for achieving category sales, profit, margins and turnover goals based on merchandise planning objectives.
-Working with Senior Manager to create and Implement promotional planning to leverage flyers, web and other external media.
-Regularly review performance indicators against sales, profit, margin and other key performance targets.
-Forecast trends and perform market analysis, competitive shopping and analyzing sales trends to maintain competitive position.
-Monitor inventory levels working closely with the Planner and Allocator to recommend distributions to the stores to maximize sales and promotional events.
-Develop and maintain sold vendor relationships maximizing profitability to achieve financial objectives
-Liaise and collaborate with the Marketing and Store Operations departments to develop external and in store marketing and merchandising programs.
-Prepare product presentations on a quarterly basis for Senior Management review.
-Create and maintain all planograms across all categories to ensure competitive and trend right direction.
Areas of Knowledge/Technical Skills:
-Proficient software competency- Word, Excel and Access, PowerPoint.
-Knowledge and understanding of purchasing agreements and inventory management.
-Excellent verbal and written communication skills and well developed interpersonal skills.
-Knowledge of Crystal Reports an asset
Education/ Work Experience:
-3-5 Years experience in buying within the CPG industry with retail exposure. Experience from within the Food & Beverage specific industries are an asset including Gas and Convenience channels.
-Proven track record for revenue and margin improvement
-Post secondary education with a focus on business, commerce or marketing.
Minimum Education: Not Specified
Career Focus 1: Management
Career Focus 2: Not Specified |
