Home Decor Retail Store Sales & Sourcing Manager

As the Home Dcor Retail Store Sales & Sourcing Manager, your primary objective is to efficiently manage store operations, maintain optimal inventory levels, and source high-quality home dcor products that align with market trends and customer preferences. Your role is crucial in driving sales growth and enhancing customer experience through market research and strategic planning. **Roles & Responsibilities:** - **Store Management:** - Oversee daily retail operations to ensure a seamless shopping experience. - Manage staff, assign duties, and ensure excellent customer service. - Implement sales strategies to drive revenue and achieve business targets. - Maintain store aesthetics and merchandising as per brand guidelines. - Convert each customer interaction into a successful sale through effective communication and product knowledge. - **Inventory Management:** - Monitor stock levels and ensure timely replenishment. - Conduct regular audits to minimize shrinkage and stock discrepancies. - Optimize storage and display layouts for better space utilization. - **Sourcing and Market Analysis:** - Identify and negotiate with reliable suppliers for high-quality home dcor products. - Stay updated with market trends and introduce new and in-demand products. - Ensure cost-effective procurement without compromising on quality. - Explore and suggest new product categories to expand store offerings. - Build and maintain strong vendor relationships for smooth supply chain operations. - **Sales & Revenue Growth:** - Develop and implement sales plans and targets for each quarter. - Plan strategies to increase revenue and monitor progress every six months. - Analyze sales data to identify trends and opportunities for growth. - Adapt sales techniques based on customer feedback and market demand. - Conceptualize and process promotional campaigns, discount strategies & in-store events to drive sales and customer engagement. - **Market & Competitor Awareness:** - Stay updated with trends in the home dcor industry and competitors" strategies. - Identify new store formats, product categories, or display changes to enhance sales. - Suggest innovative ways to improve customer engagement and shopping experience. - **Customer Experience & Store Presentation:** - Ensure the store maintains a welcoming and visually appealing atmosphere. - Train the team on customer handling and personalized selling techniques. - Collect customer feedback and implement improvements to enhance satisfaction. - **Technology Integration & Data-Driven Decision Making:** - Consult with technology experts to integrate digital tools for efficient store management. - Implement and monitor sales and inventory software for accurate tracking. - Generate detailed analytical reports on sales trends, customer behavior, and stock management. - Use data insights to optimize pricing, promotions, and product placements. - Explore automation solutions for better operational efficiency. **Key Qualities for an Ideal Candidate:** - Strong leadership and team management skills. - Excellent negotiation and supplier management abilities. - Sales-driven mindset with a focus on customer conversion. - Analytical skills to track sales, identify patterns, and plan strategies. - Knowledge of home dcor trends, store formats, and new product categories. - Creativity in store presentation and merchandising. - Ability to adapt and implement new business ideas. - Tech-savvy with an understanding of retail software and analytics.,