Job Description
KEY RESPONSIBILITIES
- Market Analysis
- Plan and develop merchandising strategies that balance customers’ expectations and company’s objectives.
- Conduct market research to understand consumer trends, competitor strategies, and overall market dynamics.
- Analyze sales data and customer feedback to identify popular products and emerging
- Product Assortment Planning
- Assortment Strategy: Develop and implement a comprehensive product assortment strategy aligned with the brand's positioning and target market.
- Seasonal Planning: Plan assortments for different seasons, taking into account trends, customer preferences, and historical sales data.
- Supplier Relationship
- Build and maintain robust relationships with suppliers, negotiating favorable terms and resolving any issues that may arise.
- Evaluate supplier performance based on factors such as product quality, reliability, and adherence to delivery schedules.
- Inventory Management/Control
- Plan and manage inventory levels to meet customer demand while minimizing overstock or stockouts.
- Utilize inventory management systems to monitor product performance, sales velocity, and stock turnover.
- Implement strategies such as markdowns, promotions, and discounts to optimize inventory and maximize sales.
- Sales growth/Profitability
- Evaluate the brand's sales growth over time.
- Sales Performance: Analyze sales data to assess the performance of product assortments and identify opportunities for improvement.
- Margin Optimization: Implement strategies to optimize gross margins, balancing competitive pricing with profitability goals.
- Budget Management
- Evaluate the brand's sales growth over time. Positive sales growth indicates increasing demand for the brand's products, while negative growth may signal challenges.
- Develop and manage budgets for buying and merchandising activities, ensuring that financial goals are met.
- Track expenses related to procurement, logistics, and marketing to optimi
📌 Buying and Merchandising Lead (Mumbai)
🏢 Metro Brands
📍 Mumbai
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