Posted:1 day ago|
Platform:
On-site
Full Time
1. Merchandise Planning & Strategy
• Develop seasonal and annual merchandise strategy in line with business objectives.
• Align product mix with market trends, customer preferences, and brand positioning.
• Ensure optimal assortment planning across categories, price points, and geographies.
2. Sales & Margin Performance
• Achieve sales, gross margin, and contribution targets for Fashion & Lifestyle categories.
• Drive category growth through focused merchandise selection and pricing strategies.
• Optimize product lifecycle management to maximize sell-through and minimize markdowns.
3. Inventory Management
• Maintain healthy stock turns and control aged inventory.
• Monitor OTIF (On Time In Full) supplies from vendors.
• Implement replenishment systems to ensure product availability at the right time and right place.
4. Vendor & Brand Management
• Build and nurture strong relationships with key vendors, brands, and design houses.
• Negotiate commercial terms, margins, credit periods, and exclusive collections.
• Ensure compliance with quality and ethical sourcing standards.
5. Market & Trend Analysis
• Conduct regular market scans, competitor benchmarking, and trend forecasting.
• Leverage customer insights, loyalty data, and fashion forecasting reports to drive decisions.
• Introduce new categories, sub-brands, and fashion lines to capture emerging trends.
6. Pricing & Promotions
• Define pricing strategies balancing competitiveness, brand positioning, and profitability.
• Plan seasonal promotions, end-of-season sales, and tactical offers.
• Track ROI of promotions and adapt strategies accordingly.
7. Team Development & Leadership
• Lead the merchandise planning, buying, and visual merchandising teams.
• Mentor and groom future leaders in merchandising.
• Ensure cross-functional collaboration with Marketing, Operations, and Supply Chain.
8. Process & Systems
• Implement best practices in merchandising processes (assortment planning, open-to-buy, allocation).
• Leverage technology and analytics for demand forecasting and merchandise performance tracking.
• Drive automation and efficiency in buying and allocation.
9. Customer-Centricity
• Ensure merchandise reflects customer preferences across regions and store formats.
• Work with Visual Merchandising to create compelling in-store experiences.
• Continuously review customer feedback and adapt assortment accordingly.
10. Financial Discipline
• Manage OTB (Open to Buy) within approved budgets.
• Monitor working capital tied in inventory.
• Deliver category profitability in line with overall business plan.
Jeyachandran Retail Private Limited
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