Negotiating prices with suppliers to ensure that the store makes a profit on each item while still offering competitive prices to customers
Monitoring inventory levels of each item and reordering items when they are running low
Analyzing sales data to determine which items are selling well and which items aren’t selling at all, then adjusting inventory accordingly
Coordinating with suppliers regarding delivery schedules and methods, including ordering new products from suppliers if needed
Reviewing advertisements for competitors’ products to identify ways to improve the store’s own offerings
Coordinating with marketing staff to develop a marketing plan for each new product or line extension to ensure that it has the greatest chance of success
Conducting market research to identify new food trends and consumer preferences
Evaluating pricing policies for each department and making any adjustments that are needed to maximize sales
Participating in meetings with other store departments to discuss upcoming events or promotions