BANTA - Kuwait City - Contributes to the profitability of a retail location by increasing the volume of products that are sold within the category and improving the speed of inventory turnover within the category. Take charge of the ordering, pricing, and in-store organization of products. Working knowledge of the products, customer needs, buying practices, sales goals and retail environment related to designated category. Overall responsibility of the Retail Trading Manager is to optimize sales for a particular group of products. Managing vendor relationships in terms of The right selection, availability, and acquisition of products is dependent on effective communications and cooperative relationships with vendors. Responsible for negotiating pricing, delivery and payment terms with vendors, all of which affect the retail profit margin of the products and the individual retail store. Responsible for setting competitive pricing points and adjusting the pricing to increase sales and ...
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