Jewellery Product Manager

5 days ago


Dubai, Dubai, United Arab Emirates Damas Jewellery Full time

Damas Jewellery is the leading jeweller in the Middle East, with its foundation dating back to 1907. Headquartered in Dubai, UAE, it operates over 150 stores across the GCC and employs over 1,200 people. Its diverse portfolio includes more than 40 prestigious international brands alongside its exclusive in-house collections, offering customers a wide range of designs for every occasion.

Job Objectives

The Diamonds & Pearls Business Segment Head oversees the entire in-house brands product portfolio currently available in retail stores all over GCC (UAE, Saudi, Qatar, Kuwait, Oman, Bahrain).

Role Overview and Responsibilities

Management:

  • Leading teams collectively managing the In-house brands portfolio, comprised of more than 20 brands; stock and sales analysis, inventory management and optimization, sales forecasts to deliver profits.
  • Conducts qualitative market studies and trends' analysis through frequent store visits, competitor visits and participation in tradeshows.
  • Monitors yearly individual and team KPIs and seeks joint opportunities with other stakeholders to achieve business goals.
  • Identifies business challenges and works with relevant stakeholders to improve internal processes and product workflows to anticipate any challenges.
  • Creates and publishes Product Memos across multiple stakeholders to serve as reference for future undertakings.

Business Optimization:

  • Analyses sales and stock data, and implements necessary changes to adapt to immediate gaps and pressing needs brought about by market changes.
  • Identifies and adopts changes to product & category grading, range planning, merchandising and assortment through the geo-customer centric approach, that lead to structured merchandising of jewellery across different store segments.
  • Assesses sales performance to determine phasing out and discontinuation of the non-performing collections/styles.
  • Proposes action plans for stock optimization, identifying opportunities for the re-allocation of goods, markdown proposals and/or product modification/melting.
  • Lets quarterly meetings regarding Space Management in stores to better optimize the sales through proper display and allocation of brands per store.


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