POSITION’S OBJECTIVE: (Brief on position’s objective) Manage and grow existing Category business in order to achieve targeted revenues and profits
KEY RESPONSIBILITIES:
- Category Planning and Management
Strategizing on the Product range planning and buying by identifying existing and new business opportunities To develop and implement the annual calendar for design, range launches, promotions, stock rationalisation and discount
Current product developments, timely approvals & placement of orders to ensure timely deliveries To drive the pricing, shelving, marketing and promotions of the category's products in order to make them as visible, accessible, and appealing to customers To ensure the targeted GP for the category is met To provide support to BH in P & L Management of the category To customise product mixes for regional preferences To create and maintain workflows, WIP, Time and Action plan for the category. Process to be reviewed and refined at regular intervals To provide communication briefs addressing category requirement
Give briefs for category specific call outs at stores where required
- Vendor Management
To maintain a productive relationship with vendors that is mutually beneficial to the company and artisans. Deploy orders to DP vendors judiciously and create an approved list of nominated vendors with PHs
Working closely with PH and QC on vendor rating and allocate PH and vendors for future order placements To develop a competent base of vendors & ensure balanced distribution of work To identify & grow new vendors to achieve goals of product offer & price
Production To monitor production tracker of every style in the category and take early calls for opportunity maximization To ensure support to markets by providing on time delivery as per seasonal requirements & promotion calendar timelines To pre-empt delay & production failures & to come up with quick firefighting solutions
- Inventory Management
Responsible for managing inventory at PH and Markets. Ensure effective planning and forecasting in order to optimise the inventory levels.
Maintain the fine balance between perennial orders & push to optimize sales & manage stocks
- Pricing
Develop effective pricing strategies; Buying and selling at right price to ensure targeted GPs
- Quality
To work with QA team to influence establishment of quality standards for the products To take timely and effective commercial decisions
- Documentation & Report Analysis
To ensure that periodic reports related to category performance / Dashboards are made available as per the timeline and handle any query that may arise
- Market Interactions
Regularly interacting and visiting the stores to gather first hand customer response to the merchandise offering - style, quality, display & pricing. Observe customer's purchase behaviour and commission researches to understand future product development / styling needs and pricing decisions
Interact directly with store teams to handle queries and objections, training store teams on Product To interact with MRHs on specifics to help them achieve their target, faster growth To present range to markets for categories future buys
- Team Management / Team Development
To hire deploy and manage team to enhance team productivity To provide support, motivation and encouragement to colleagues and team members & explore job rotations and career planning To handle conflicts, team member's non performance through mentoring and coaching To identify training needs for the team and ensure they are addressed Delegate & empower team for enhanced performance without abdicating responsibility To work collectively and in collaborating manner across departments for enhanced productivity
- Core Responsibilities:
Sourcing & Purchasing
Identifying, selecting, and purchasing merchandise that aligns with the organizations brand and vision
Sales Reporting and Analysis
Analysing sales data, identifying bestsellers, product gaps and optimising product assortments to maximise profit margins
Trend Analysis and Market Research
Staying updated on current trends, mapping competition activity and consumer behaviour to make informed purchasing decisions
Communication & Negotiation Skills
Excellent communication skills with strong negotiation skills to interact with suppliers, internal teams, and stake holders
Problem Solving Skills
Ability to address inventory issues, supplier & internal challenges
Time Management & Organizational Skills
Ability to manage multiple tasks, prioritize deadlines, and stay organized
JOB SPECIFICATION: (QUALIFICATIONS/KNOWLEDGE/EXPERIENCE)
- Years of Functional Experience: 10 - 15 years of work experience with at least 5-8 years of experience in Retail industry particularly Home Décor/Home Accessories/Giftware/ Luggage (Home & Lifestyle) Incumbent should have handled P&L; of the Category and also understanding of Home Décor, Giftware, Luggage, Inventory, Margins , Web store / Online& Other channel sales of the Category. Min 4 - 5 years of Team management experience
- Degree/Diploma: B F tech / M F tech / BE Textiles / BSc Home Science / MBA / MSc Wood / B Design / M design
- Role: Team Management
- Knowledge & Skills:
Business Management
Product Knowledge
Merchandising, Sampling, Costing
Sourcing and Vendor Management
Retail Operations
Marketing & Communications
Consumer Research
Crafts and textiles
Understanding of Fabindia
Focus on Results
Analytical Skills
Planning and Organizing
Ability to Train and Lead
Communication skills
Interpersonal Skills
Innovation and openness to learning
Customer focus
Teamwork
Risk taking capabilities
IT skills
Interested candidates please share resume at
[email protected]
📌 Category Head- Hardgoods & Luggage (Faridabad)
🏢 FABINDIA
📍 Faridabad