Shop Business Developer at Bridge Talent Management Jobs in Kenya
Job Summary:
- The Shop Business Developer is responsible for shop management to ensure that the shop is run optimally and ensure that through proper stock management, supplier and sales, the shop is profitable.
- They make sure the products arrive on time, and work closely with the purchasing department (and buyers) in order to forecast, plan, and monitor stock levels.
- The Business Developer oversees the shop manager to ensure that shop standards are adhered to the merchandising and display is as per the set standards to maximize sales all the time.
Key Responsilities:
Profit Maximization
- Monitor performance against plan, taking appropriate action to maximize sales and profit and reduce stock holding whilst increasing stock turn.
- Identify new business opportunities to grow sales and profitability
- Deliver cost effective supply solutions and achieve maximum full price sales and planned margin
- Review, propose and implement mark-down activity to reduce terminal stock
- Communicate trading issues and forecasts with proposed actions to management and Buyer
Range Building and Planning
- Evaluate market and customer information together with historical data and forward trends to develop the department’s phased plans
- Manage product trialing activity with the Buyer
- Continuously monitor market activity, through regular competitor shop visits in the area.
- Gathering market intelligence from a wide variety of sources and store visits
- Agree and deliver promotional and marketing plans, optimizing sales and profit
Inventory/Commitment Management
- Manage the intake of stock in line with agreed stock levels
- Plan availability schedule for new and continuity product
- Development of new stock/product packages
Monitor and manage the availability of stock:
- by ensuring planned launch and replenishment dates are met and sales and stock are potential-zed through production planning