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Executive - Product Buying & Merchandising(Handbags)

1 years

0 Lacs

Posted:9 hours ago| Platform: Linkedin logo

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On-site

Job Type

Full Time

Job Description

About Us Brand Concepts Ltd is recognized as a vanguard of style, innovation, and quality within the country’s fashion landscape. It specializes in curating exceptional Travel Gear, Handbags and Lifestyle Accessories, and has a strong reputation for delivering excellence. Job Description Position Summary: Leading the handbags category from trend forecasting through sourcing and inventory, this position ensures optimal stock levels, strong sales, and healthy profitability. It brings together market insight, vendor negotiation, inventory control, and cross-functional collaboration to shape a product mix that aligns seamlessly with customer demand and brand strategy. Key Responsibilities Assortment Planning & Trend Analysis Analyze market trends and historical sales data to design seasonal handbag assortments, including style, volume, pricing tiers, and Open-to-Buy budgets. Buying & Vendor Negotiation Source handbags and materials, negotiate terms (price, MOQ, lead time), issue POs, and follow-up to ensure timely delivery and compliance. Inventory Management & Financial Oversight Monitor inventory levels across channels, manage stock-turn and markdown risk, and optimize inventory using KPIs like sell‑through and margin. Cross-Functional Collaboration Work with design, planning, supply chain, marketing, and sales teams to align product development, merchandising strategy, visual presentation, and promotional activities. Sales & Performance Reporting Track and report on key performance metrics (sales, margin, stock-turn), analyze deviations and recommend corrective actions. Requirements Preferred Candidate: Bachelor’s degree in Fashion Merchandising, Business, or related field. 1-2+ years in buying or merchandising—preferably in handbags, accessories, or fashion. Proficient in Excel; experience with merchandise planning or ERP systems; strong analytical ability. Trend-aware with strong commercial judgment. Negotiation and vendor management.Effective cross-functional communication. Qualitative Skills Leadership and team management skills. Strong decision-making and problem-solving abilities. Ability to adapt to a fast-paced retail environment. Excellent communication and stakeholder management skills. Benefits This opportunity offers a dynamic platform for a results-driven professional to define and execute a compelling handbag assortment strategy—bringing together trend insights, strong vendor relationships, and astute inventory management to drive sales and profitability across the business. check(event) ; career-website-detail-template-2 => apply(record.id,meta)" mousedown="lyte-button => check(event)" final-style="background-color:#6875E2;border-color:#6875E2;color:white;" final-class="lyte-button lyteBackgroundColorBtn lyteSuccess" lyte-rendered=""> Show more Show less

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