Central Merchandiser & NPI

You will play a crucial role in implementing the merchandising strategy and New Product Introduction (NPI) for Precia Collections, a graceful collection of gemstone jewelry. This involves aligning with the overall merchandising and business strategy to drive growth and profitability for the business. Your responsibilities will include creating and seeking approval for unique design codes, interfacing and coordinating with designers, engineers, planners, and other relevant stakeholders, as well as negotiating with manufacturers and suppliers to ensure that company and customer expectations are met. You will be tasked with maintaining the product catalogue and design bank for Precia collections, facilitating NPI meetings with Merchandising representatives, and designing planograms and assortment mixes to ensure the right amount and design of stock is available to cater to customer preferences. Your role will also involve gathering insights on catchment preferences, peak seasons, and planned campaigns through external research, managing the rotation of aged/dead stock to maximize inventory turnover, and providing inputs on vendor returns and finalizing vendor contracts. Additionally, you will need to identify stock redistribution among stores through analytics dashboard for effective stock shuffling, as well as identifying dead stock that needs to be melted/returned to vendors in order to minimize losses. In terms of required skills, strong business communication skills, especially in facilitation, negotiation, and presentation, are essential for this role. You should also possess strong interpersonal and planning skills to effectively carry out the responsibilities associated with this position.,