Responsible for product planning, procurement, and distribution to maximize sales and profits. This role involves a blend of analytical skills, creativity, and a deep understanding of fashion trends and consumer behavior.
Key Responsibilities:
- Product Planning and Development:
- Analyze market trends and consumer preferences to determine product selection.
- Plan and create seasonal merchandise strategies.
- Inventory Management:
- Monitor stock levels and make decisions on reordering, discontinuation, and markdowns.
- Coordinate with suppliers to ensure timely delivery of products.
- Optimize inventory turnover to minimize excess stock and reduce markdowns.
- OTB Planning for each season & maintain optimized inventory levels
- Sales Analysis and Forecasting:
- Analyze sales data to identify bestsellers and underperforming products.
- Forecast future sales trends to make informed purchasing decisions.
- Prepare sales reports and present findings to management.
- Data analysis & reporting
- Pricing Strategy:
- Set pricing strategies based on market analysis and company objectives.
- Implement promotional activities and markdown strategies.
- Monitor competitor pricing and adjust strategies accordingly.
- Cross-functional Collaboration:
- Coordinate with marketing teams to plan and execute promotional campaigns.
- Work closely with store managers to ensure proper execution of merchandising plans.
- Liaise with logistics and distribution teams to streamline product delivery processes.
Job Type: Full-time
Pay: From ₹25,000.00 per month
Perks:
- Provident Fund
Experience:
- total work: 1 year (Required)
Work Location: In person
📌 Retail Merchandiser - Buying & Planning (India)
🏢 Opus Fashions
📍 India
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