.. identifying opportunities to contract execution. Hire, train, deploy and expand the Inside Sales Team. Achieve growth and hit sales targets by successfully managing the sales team. Design and implement a strategic business plan that expands company s customer base and ensure it s strong presence. Own .. read more
About Ideas91 Group: Ideas91 Group, established in 2009, is a dynamic player in the home
appliances and consumer electronics industry. Operating as a distributor, sourcing consultant, and
online retailer, the group has rapidly expanded its product portfolio and established a global
presence with offices in Dubai, India, and China.
Job Description:
As a Product Research Associate at Ideas91 Group, you will play a pivotal role in the growth and
success of our PEAK division. Your responsibilities will encompass in-depth market analysis, strategic
sourcing, and effective supplier management across a diverse range of product categories.
Key Responsibilities:
1. Market Analysis:
o Conduct thorough research on demand and supply dynamics, market trends, and
consumer preferences in assigned product categories.
o Analyze the competitive landscape to identify opportunities and challenges.
2. Sourcing Strategy:
o Develop and execute a comprehensive sourcing strategy for establishing
partnerships with manufacturers and suppliers.
o Consider factors such as product quality, production capacity, geographic location,
and cost-effectiveness.
3. Product Portfolio Management:
o Gain expertise in the product portfolio, understanding specifications, features, and
variations.
o Identify unique selling points for each product and assess their alignment with client
requirements.
4. Price Analysis:
o Conduct pricing analysis to determine competitive yet profitable pricing.
o Consider production costs, market demand, and competitor pricing.
5. Supplier Evaluation:
o Evaluate potential suppliers based on quality, reliability, delivery times, and financial
stability.
o Conduct supplier audits when necessary to ensure compliance with standards.
6. Negotiations:
o Engage in negotiations with suppliers to secure favorable terms, including pricing,
payment conditions, and delivery schedules.
o Build and maintain strong supplier relationships for successful negotiations.
7. Supplier Profiling:
o Create comprehensive profiles for selected suppliers, outlining strengths,
capabilities, and areas of expertise.
8. Quoting Process:
o Prepare detailed quotes for clients, ensuring accuracy and clarity in product
specifications, pricing, and terms.
9. Price Waterfalls:
o Develop price waterfalls to outline cost breakdowns, including manufacturing costs,
- shipping expenses, and associated costs.