Margin Management
Margin Management
Analyze sales data and pricing strategies to maximize profit margins
- Monitor pricing and promotional activity to ensure profitability targets are met
- Review and negotiate supplier costs and terms to optimize profit margins
- Collaborate with buying and trading teams to ensure pricing is competitive and profitable
- Review inventory levels and make necessary adjustments to maintain profitability
- Analyze pricing trends and adjust pricing strategies as needed
- Monitor pricing and promotions of competitors to remain competitive while maintaining profitability.