Date: 26-Oct-2022
Location: Dubai, AE
Company: Majid Al Futtaim
Majid Al Futtaim invites you to join us in our quest to create great moments for everyone, everyday! We are the leading shopping mall, residential communities, retail and leisure pioneer across the Middle East, Africa and Asia, serving over 560 million visitors a year. For the past two decades, we have shaped the consumer landscape across the region, transforming the way people shop, live and play, while maintaining a strong sustainability track record and the largest mall in the world to attain LEED Gold EBOM Certification. We have over 40,000 team members in 15 international markets representing over 100 nationalities – all keeping the customer at the heart of everything we do. If you enjoy being BOLD, PASSIONATE and TOGETHER, then Majid Al Futtaim is the destination for you.
Role Purpose:
The Sourcing manager will be responsible for managing the sourcing function with the B2B department, setting the sourcing strategy for his/her Category, build his/her Category portfolio and acquire exclusive brands in the region. The role to fulfill sourcing requirements in an effective manner.
Role Details – Key Responsibilities and Accountabilities:
Sourcing Strategic Planning
Manage the strategic planning process for the assigned categories based on key consumer insights to enhance current portfolio and improve communication with consumers
Deliver internal and external presentations regarding product knowledge, new product introductions, marketing materials, business objective and communication strategy
Coordinate the development of communication materials such as catalogues websites, brochures, packaging and in-store displays
Sourcing Optimization
Monitor and analyze business performance vis-à-vis business goals (awareness, share, consumer diagnostics, profitability, etc.) and the competition
Establish performance specifications, cost and price parameters, market applications and sales estimates
Analyze and calculate costs of procurement and suggest methods to decrease expenditure
Track and report key functional metrics to reduce expenses and improve effectiveness
Monitor stock levels in a proactive manner to avoid stock issues / out-of-stock and control stock replenishments
Quality Control
Develop metrics to evaluate quality and oversee the evaluation of quality
Examine and test existing contracts
Issue stock allocation per SKU and per client if needed
Monitor items movement and following up with sales team on low / no sales
Prepare weekly and bi-weekly orders
Approve issuing claims to suppliers as per the nature of the case
Coordination with Internal and External Stakeholders
Collaborate with the Marketing and Communication department to implement the marketing plans by working with internal and external suppliers to deliver in a timely manner and on budget
Work closely with distribution partners, subsidies and marketing research companies to obtain relevant information, including the development and implementation of brand audit studies and focus groups
Collaborate with key stakeholders to ensure clarity of the specifications and expectations of the sourcing function
Coordinate regular meetings and prepare regular reports outlining the brands’ performance
Human Capital Responsibilities
Ensure the implementation of the performance management process
Provide mentorship for the purpose of developing a continuous talent pipeline for key roles
Identify training needs and coordinate with the HC department to ensure facilitation of training requirements
Oversee the development and implementation of on the job-training
Ensure constant availability of the required competent staff to support the organization in meeting all its responsibilities, plans, and objectives
Provide inputs while developing MAF Retail’s corporate policies and relevant procedures, and monitor the implementation
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