Product Developer- Midrand
Job Description
We are looking for a proactive and commercially minded Product Developer to join our Product Development team.
In this role, you will be responsible for sourcing, selecting, purchasing, and managing product ranges that:
- Maintain strong margins
You will work closely with suppliers and cross-functional teams to ensure the right products are available:
- At the right price
- In the right quantities
- At the right time
This role requires a strong balance of:
- Commercial thinking
- Analytical ability
Key Responsibilities
1. New Product Introduction
- Identify emerging market trends and customer needs.
- Source and develop new products for launch.
- Work with Marketing and internal teams to execute successful product launches.
- Track product performance and refine strategies based on results.
- Build and maintain strong relationships with suppliers.
- Evaluate vendor performance and resolve issues proactively.
- Negotiate agreements that create long-term value for both parties.
- Develop and implement buying strategies to support sales growth in assigned categories.
- Analyse sales performance and customer trends to identify product opportunities.
- Collaborate with Marketing to plan and execute promotional campaigns.
4. Maintain Healthy Profit Margins
- Negotiate favourable terms with suppliers, including:
- Pricing
- Delivery
- Payment terms
- Monitor cost structures and adjust pricing or sourcing strategies where required.
- Identify cost-saving opportunities without compromising product quality or value.
5. Manage Inventory Effectively
- Optimise inventory levels to balance:
- Product availability
- Stock holding costs
- Monitor inventory turnover and reorder cycles using inventory management systems.
- Work with Supply Chain to improve:
- Lead times
- Replenishment processes
- Forecast demand and monitor stock levels to prevent supply gaps.
- Maintain strong supplier relationships to ensure reliable replenishment.
- Support best practices in stock management and inventory accuracy.
Ideal Candidate should have:
- Experience in product development, buying, or procurement within a retail environment.
- Strong analytical skills with the ability to interpret sales data and forecast demand.
- Proven ability to negotiate with suppliers and manage vendor relationships.
- Experience working with inventory management systems and stock control processes.
- A collaborative mindset with the ability to work cross-functionally.
- A customer-focused approach with strong awareness of:
- Market trends
- Product opportunities
- Strong communication and project management skills.
Qualifications
Preferred:
- Bachelor's degree in one of the following fields:
- Consumer Science
- Business
- Supply Chain
- Marketing
- Related field