Key Responsibilities:
Product Planning & Strategy
Develop and implement merchandising strategies to achieve sales and profitability targets.
Collaborate with buyers to plan product ranges and assortment mix.
Conduct market research and analyze sales data to forecast product demand.
Inventory Management
Monitor stock levels and ensure timely replenishment.
Implement inventory control measures to avoid stock-outs or overstocking.
Coordinate with suppliers and logistics teams for smooth supply chain operations.
Sales & Promotions
Plan and execute promotional activities, markdowns, and seasonal campaigns.
Work closely with the marketing team for promotional materials.
Analyze promotion performance and suggest improvements.
Visual Merchandising
Develop and maintain attractive product displays.
Ensure products are well-presented and easily accessible.
Update displays as per recent arrivals, seasonal changes, and promotions.
Vendor & Supplier Management
Build and maintain solid supplier relationships.
Negotiate pricing, delivery schedules, and commercial terms.
Resolve supply chain or product-related issues efficiently.
Performance Analysis
Track KPIs such as sales, margins, and inventory turnover.
Prepare reports on sales trends and business prospects.
Use data-driven insights to optimize product assortment and sales performance.
Customer Insights
Gather and analyze customer feedback and buying behavior.
Use insights to improve product selection and shopping experience.