What are the responsibilities and job description for the Product Optimization Specialist position at cumberlandfarmsinc?
Main Responsibilities
- Product Management: Determine and manage product offerings, ensuring they are compelling and relevant to customers, and capitalize on product and category trends.
- Price Management: Propose, establish, and manage retail prices based on product and category roles, and monitor to ensure they are broadly competitive while delivering budgeted margin rates.
- Place Management: Optimize product offering and presentation, determining where and how products should be displayed and sold.
- Promotion Activity Management: Work with vendors to develop highly compelling promotional activities, negotiating strong funding support.
- Financial and Business Performance Management: Proactive financial management, including reviewing profit/margin reports, and sales reports, compared to budget to ensure strong performance and trends.