Al Futtaim Jobs - Head of Category | ACE Hardware | Dubai (Dubai, AE)

Job Requisition ID: 43241 

No two days are the same at Al-Futtaim, no matter what role you have. Our work is driven by the desire to make a difference and to have a meaningful impact with the goal of enriching everyday lives. Take our engaging and supportive work environment and couple it with a company culture that recognises and rewards quality performance, and what do you get? The chance to push the limits every single day.

 

As a humble family business that started on the banks of the Dubai Creek in the 1930s, Al-Futtaim has expanded to a presence in 31 countries, a portfolio of over 200 companies, and 42,000 employees. You’ll find us in industries ranging from automotive and retail, to finance and real estate, and connecting people with international names like Lexus, Ikea, Robinsons, and Adidas. Our team is proudly multicultural and multinational because that kind of diverse representation gives us the global mindset to grow and impact the people, markets, and trends around us.

 

Come join us to live well, work better, and be the best.

 

ROLE PURPOSE:

The Head of Category decides and sets all goals & targets relating to merchandise, i.e. range planning and assortment, range structure, number of articles, width and depth of the range, sales targets, pricing and gross margins, number of suppliers, negotiation & trading terms, assortment planning, planogram cycle, and implementation of the promotional/seasonal strategy of the business across all territories. In addition the Head of Category is responsible for managing end to end buying, selling & inventory management related processes. The JH is also responsible for (i) ensuring that performance is monitored against plan regularly, supported by adequate merchandise performance reporting; (ii) ensuring that the product range is tested and is in line with local legislation, complies with import regulations, brand positioning and pricing strategy; (iii) ensuring direction is set for the buying team, with category ‘roles’ set, agreed and in place; (iv) a high degree of ‘newness’ is constantly being introduced while managing the amount of ‘churn’ to acceptable levels; (v) ensures that actions are taken on deviations to the plan to effectively manage merchandise assortments/inventory during the season to meet or exceed strategic targets.

 

KEY ROLE SPECIFIC ACCOUNTABILITIES: Specify the output required from the role. It is recommended to identify not more than 6-8 key tasks and their performance indicators. NB – Focus on outcomes not tasks.

 

Range Selection

• All merchandise ‘planning’ follows the “think/plan/buy/move and sell” principle ensuring the process is adhered to at all times.
• Merchandise assortments follow the good/better/best principle.
• Ensures that ‘Category Management’, encompassing the above, through to in-store Planograms & layouts is followed and that the buying team adheres to the process
• Sets the product range priorities/category roles in accordance with the overall merchandise strategy and is agreed by the JH together with the General Manager.
• Keeps updated about local market conditions and requirements in each territory, such as “taste levels”, developing trends, competitor growth & customer buying habits as well as product acceptability. All these factors are used to ultimately arrive at a decision regarding range selection and the width & depth of the different product areas within the range.
• Manages a team of buying experts and together ensures the range is selected, priced & delivered, taking account the product lifecycle as well as our supply chain and warehousing capabilities.
• Maintaining 96% in-store product availability on 4,500 ‘A’ lines (approx 65% of sales)

 

Product Forecast and Merchandise Management

• Maintains ongoing communication with the ACE Regional Warehouses (Shanghai and Jebel Ali, as well as the ACE RSC in Long Beach, California), regarding all issues related to the ‘ACE sourced’ product range & product forecasts.
• Ensures that sales forecasts are adapted to sales patterns in order to achieve an optimal goods flow.
• Works closely with the 3PL partner & Head of Planning & Business Analytics. Reviews performance of merchandise, plans vs. actual, viability of a particular item, stock cover etc. Based on analysis raises awareness of any product that may not be performing and plans for promotions, price cuts etc. Also identifies ‘best sellers’ and ensures that stock cover for these is adequate & reflects sales projections.
• Ensures that product newness is maintained, i.e. that new products are introduced in a timely manner and discontinued ranges are cleared in an effective manner through part sale and other ‘clearance’ or promotional activities thereby ensuring that the aged stock profile & ‘quality’ of stock is kept to a minimum.
• Ensures the OTB is agreed, set and managed and whether is being operated by the buying or store teams is always in line with expectations.

Ensures the ‘Promotional Strategy’ is delivered, with the target sell through being achieved and buyer’s have a full understanding of how they’ll deliver the promotional buying brief.

 

Gross Margin Management

• Sets the pricing strategy for the ACE range in each territory and guarantees re-enforcement of the ‘ACE Value’ perception building items, when setting prices of the ACE range.
• Sets overall guidelines for margin exploitation by product area and ensures processes are established to analyse margin deviation. Is primarily responsible for the periodic Gross Profit Simulation exercise for each territory to make sure that pricing delivers the margin/ profit goals agreed...
• Maintains a strategic communication link with ACE International regarding all matters relating to costs.
• Evaluates the pricing of the total range prior to the ‘season’ start, ensuring prices are in line with set targets and market conditions.
• Achieve cost benefits throughout the supply chain by taking strategic buying decisions.

Additionally has the responsibility to make certain that overall margin goals are met irrespective of clearance sale and promotional activities. Manages the ‘blended’ margin.

 

 

 

Education: Graduate (Preferably Commerce, Economics, Business Admin); Specialisation in Retail purchasing & supplier management.

 

Minimum Experience and Knowledge:  6-8 years experience of Category management, preferably in DIY / Home improvement

 

Job-Specific/Technical Skills required to complete the tasks: Very good skills in planning, organisation & negotiation; Good skills in supply chain management, merchandise management & all aspects of business management; Good working knowledge of SAP; High level of computer literacy and working knowledge of the logic and design of external data information platforms.

 

Behavioural Competencies: Should have a high level of market awareness, analytical ability, decision making, strategic thinking, teamwork & leadership.

 

 

We’re here to provide excellent service but a little help from you can ensure a five-star candidate experience from start to finish.

 

Before you click “apply”: Please read the job description carefully to ensure you can confidently demonstrate why this opportunity is right for you and take the time to put together a well-crafted and personalised CV to further boost your visibility. Our global Talent Acquisition team members are all assigned to specific businesses to ensure that we make the best matches between talent and opportunities. We not only consider the requisite compatibility of skills and behaviours, but also how candidates align with our Values of Respect, Integrity, Collaboration, and Excellence.

 

As part of our candidate experience promise, we also want to make ourselves available to you throughout the application process. We make every effort to review and respond to every application.

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