Product Strategy Specialist

4 days ago


Dubai, Dubai, United Arab Emirates Jumbo Group Full time

Senior Product Strategist

We are seeking a seasoned Senior Product Strategist to join our team at Jumbo Group. As a key member of our organization, you will be responsible for developing and implementing product strategies, managing vendor relationships, and ensuring effective execution of merchandising plans.

Main Responsibilities

  • DEVELOP AND IMPLEMENT PRODUCT ASSORTMENT PLANS BASED ON CUSTOMER DEMAND, MARKET TRENDS, AND BUSINESS OBJECTIVES.
  • Collaborate with buyers and vendors to ensure timely delivery of products and services.
  • ANALYZE SALES DATA AND CUSTOMER FEEDBACK TO IDENTIFY TRENDS AND ADJUST PRODUCT ASSORTMENTS ACCORDINGLY.
  • ESTABLISH COMPETITIVE PRICING STRATEGIES FOR PRODUCTS, ENSURING ALIGNMENT WITH OVERALL BUSINESS GOALS AND MARKET POSITIONING.
  • OVERSEE PROMOTIONAL STRATEGIES, ENSURING DISCOUNTS, OFFERS, AND EVENTS ARE EFFECTIVELY PLANNED AND EXECUTED.
  • WORK CLOSELY WITH SUPPLY CHAIN AND LOGISTICS TEAMS TO OPTIMIZE INVENTORY LEVELS, ENSURING STOCK AVAILABILITY WHILE MINIMIZING EXCESS INVENTORY.
  • BUILD AND MAINTAIN STRONG RELATIONSHIPS WITH KEY VENDORS AND SUPPLIERS.
  • CONDUCT REGULAR MARKET RESEARCH TO STAY UPDATED ON INDUSTRY TRENDS, COMPETITOR ACTIVITIES, AND CUSTOMER PREFERENCES.
  • USE DATA ANALYSIS AND MARKET INSIGHTS TO INFORM PRODUCT SELECTIONS, PRICING DECISIONS, AND PROMOTIONAL STRATEGIES.
  • MULTIPLE REPORTING RESPONSIBILITIES.


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