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Product Manager

GUTHMI Group

Jiddah, Makkah, Saudi Arabia · Full Time

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Experience
5–8 yrs
Salary
Openings
1
Posted
4 hours ago
Work mode
In office
Education
Bachelor's degree
Resume
Required to apply

Job description

Key Role and Responsibilities

The Product Manager will oversee reorder processes, determining order quantities for each SKU by analyzing sales performance, stock coverage, past lost sales due to stock unavailability, and anticipating future events including seasonal demand fluctuations. Managing current and upcoming catalog production and distribution schedules is also essential.

The role involves deciding the lifecycle of SKUs through evaluation of performance trends, demand-supply dynamics, and supplier status. Cost and minimum order quantities (MOQ) must be maintained and tracked via spreadsheets and systems for every SKU and supplier, with negotiation duties for cost and MOQ adjustments.

Ensuring accurate procurement documentation is crucial: purchase requisitions (PR), purchase orders (PO), and proforma invoices (PI) need to be aligned regarding quantities, costs, payment terms, shipment dates, and more. Timely forwarding of PR and PO to suppliers and receiving signed PO copies is mandatory.

Additionally, the candidate will develop and execute stock liquidation strategies for outdated inventory, set cutoff dates for terminal stock, obtain board approval for clearance sales to wholesalers, and manage provisions for obsolete stock.

Job Requirements

  • Bachelor’s degree in Supply Chain Management, Business Administration, or a related discipline.
  • Between 5 to 8 years of experience in logistics, production, or planning domains.
  • Proficient in Microsoft Office applications, especially Excel.
  • Strong problem-solving capabilities.

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