Merchandising Manager

Job Description

Key Responsibilities: Sourcing & Vendor Management: ● Identify and source high-quality home and lifestyle products that align with brand aesthetics - work with vendors to do new product development to integrate MAP’s design IP. ● Develop and maintain relationships with vendors, negotiating favorable terms and pricing agreements while engaging in deep product engineering. ● Conduct regular supplier evaluations to ensure consistency in quality, delivery timelines, and pricing. ● Research and onboard new suppliers to diversify product offerings and mitigate supply chain risks Inventory Planning & Management: ● Develop and implement procurement plans based on sales forecasts, market trends, and seasonal demand. ● Monitor stock levels and coordinate timely replenishment to prevent stockouts and overstock situations. ● Collaborate with sales and marketing teams to plan product launches and promotional campaigns effectively. ● Analyse sales data to identify top-performing products and adjust purchasing strategies accordingly. Cost Control & Budget Management: ● Monitor procurement expenses, ensuring adherence to budgetary guidelines across COGS, sampling, freight, packaging. ● Identify cost-saving opportunities through strategic negotiations, bulk purchasing, and supplier consolidation. ● Implement cost-control measures to maximize profitability without compromising product quality. Product Quality Assurance: ● Establish and maintain quality control standards for all merchandise categories. ● Coordinate quality inspections for incoming shipments to verify compliance with product specifications. ● Address quality concerns with suppliers and implement corrective actions as needed. ● Manage packaging and onboarding of new products and implement processes to get new products on the shelf in record time. Data Analysis & Reporting: ● Monitor key procurement metrics, including cost per unit, order accuracy, and supplier performance. ● Prepare regular reports for senior management, outlining procurement KPIs and areas for improvement. ● Utilize data-driven insights to refine procurement strategies and optimize product selection. Qualifications: We’re looking for people who on paper, have: ● A Bachelor’s degree ● 3+ years of experience in a related field Job Types: Full-time, Permanent Pay: ₹36,715.36 - ₹82,267.30 per month Benefits: Health insurance Schedule: Day shift Work Location: In person