Overview of the Role
The job holder will support the Head of Commercial in developing the Health & Lifestyle Category to achieve sales and gross margin goals while managing inventory for specific brands. This role includes setting strategic objectives to ensure sustained growth across all markets.
Key ResponsibilitiesCategory Planning and Execution
Develop, implement, and deliver category plans that include range reviews, promotions, pricing, and stock management and are aligned with the overall commercial strategy and financial goals.
Marketing CollaborationWork with the Marketing team to create and execute marketing promotion plans and strategies for the category. Ensure adherence to legislation and brand guidelines, and communicate effectively with customers to drive footfall and profitable sales.
Promotion EvaluationReview and assess the effectiveness of promotions, take necessary actions, and share best practices with peers and stakeholders.
Exclusive Brands DevelopmentCollaborate with Exclusive Brands to develop and launch exclusive products/ranges that increase participation and align with agreed strategies and plans.
Merchandising StrategyPartner with the planning team to devise a merchandising strategy that ensures the right range is available in the right store, maintains in-store availability, and controls slow-moving stock.
Product Opportunity IdentificationIdentify and implement new product opportunities that are competitively priced, commercially viable, and meet customer needs, driving sales and profitability.
Pricing ManagementManage and review pricing to ensure it is competitive and maximizes profitability, operating within the company's pricing strategy.
Sales and ForecastingCollaborate with the planning team to meet base sales and promotional forecasts while maintaining in-store availability to meet customer needs.
Internal Relationship DevelopmentDevelop effective working relationships with cross-functional team members to support and enhance category objectives and performance.
External Relationship ManagementBuild and maintain effective external relationships to enhance Watson's proposition and meet customer needs.
Negotiation StrategiesAdopt appropriate negotiation strategies to secure the best terms for the category and the business.
Category ExpertiseContinuously develop knowledge of category products, competitors, and market activity to improve category performance objectives.
Required Skills for Success- Strong analytical skills.
- Exceptional commercial awareness and creativity.
- Proven negotiation abilities.
- Decisive, with the ability to thrive in a fast-paced environment.
- Excellent communication, analytical, and organizational skills.
- Practical delegation skills, ability to prioritize tasks, and ability to manage deadlines.
- Superior time management skills and the ability to perform well under pressure.
Education:
At least a Bachelor's Degree, Professional Degree, Post Graduate, or equivalent.
Experience:Minimum of 5 years of experience as a Buyer in a retail environment, preferably in Health and Beauty.
Behavioural Competencies- Exercises sound judgment in decision-making.
- Acts with integrity and respect.
- Adapts to business-driven changes.
- Manages multiple tasks simultaneously in a dynamic environment.
- Handles unexpected events and issues promptly and independently.
- Identifies priorities, organizes, and plans activities to ensure timely execution.
- Works effectively as a team member.
- Willing and able to travel.
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