Job Title: Manager – Merchandising

Department: Merchandising & Product Development
Total Experience: 8–10 years
Relevant Experience: Minimum 4 years in Jewellery Merchandising
Industry: Jewellery Retail

Job Summary

We are looking for an experienced and result-oriented Manager – Merchandising to oversee inventory management, assortment planning, sourcing, vendor management, and category profitability.

The ideal candidate will have strong experience in jewellery merchandising, with a sound understanding of sales trends, product performance, gross margins, and inventory productivity. The role requires strong analytical, commercial, and negotiation skills to ensure the right product assortment, optimum stock availability, competitive sourcing, and improved profitability.

Key Responsibilities

1. Inventory Management

- Monitor stock levels, inventory ageing, and stock movement across stores and back-office locations.
- Ensure optimum inventory levels and timely replenishment of fast-moving products.
- Identify excess and slow-moving inventory and coordinate with vendors for returns or suitable corrective actions.
- Improve inventory productivity while minimizing stock-outs and excess stock.

2. Jewellery Merchandising & Assortment Planning

- Plan and manage jewellery assortments based on sales trends, customer preferences, and market demand.
- Ensure the availability of fast-selling designs, key SKUs, and relevant collections across stores.
- Monitor and improve fill rates and assortment match rates.
- Identify assortment gaps and recommend actions to improve sales and product performance.
- Coordinate with product development and design teams to introduce relevant products and collections.

3. Profitability & Gross Margin Management





- Monitor product-level profitability, gross margins, and sourcing costs.
- Identify opportunities to improve margins through cost negotiations, product mix optimization, and effective inventory planning.
- Analyse product performance and recommend actions to improve category profitability.
- Track cost trends and support pricing and merchandising decisions.

4. Sourcing & Vendor Management

- Identify and evaluate suitable vendors and sourcing opportunities based on product quality, design, pricing, and delivery timelines.
- Negotiate product costs, making charges, quality standards, and delivery schedules.
- Build and maintain strong vendor relationships to ensure competitive sourcing and timely deliveries.
- Coordinate with vendors on new designs, product development, and order execution.

5. Data Analysis & Reporting

- Prepare and analyse reports on sales, stock levels, inventory ageing, margins, and product performance.
- Use data-driven insights to identify business opportunities, inventory risks, and assortment gaps.
- Track key merchandising performance indicators and recommend corrective actions.
- Provide analytical insights to support business planning and management decisions.

6. Market Research & Trend Analysis

- Monitor competitor assortments, pricing, designs, and market trends in the jewellery industry.




- Identify emerging customer preferences and opportunities for new product categories and collections.
- Recommend assortment enhancements to maintain a competitive and relevant product offering.

7. Sales & Store Support

- Work closely with store teams to understand customer preferences, product requirements, and assortment gaps.
- Address product availability issues and ensure timely replenishment.
- Share product and merchandising updates with store teams to support sales performance.
- Collaborate with internal stakeholders to achieve sales, margin, and inventory targets.

Required Skills & Qualifications

- 8–10 years of overall experience in merchandising, with a minimum of 4 years in jewellery merchandising.
- Experience in jewellery retail is strongly preferred.
- Robust understanding of jewellery assortment planning, inventory management, sourcing, and vendor management.
- Proven negotiation skills and the ability to manage vendor relationships effectively.
- Strong proficiency in MS Excel, data analysis, and reporting.
- Ability to analyse sales trends, inventory ageing, gross margins, and product performance.
- Excellent communication, coordination, and problem-solving skills.
- A strong commercial mindset focused on sales growth, profitability, and inventory productivity.

What We Are Looking For

A commercially driven merchandising professional with strong jewellery product knowledge, analytical capabilities, and vendor management expertise who can optimize assortment, improve inventory efficiency, and drive sustainable business growth.

Pay: ₹50,000.00 - ₹60,000.00 per month

Benefits:

- Cell phone reimbursement
- Health insurance
- Life insurance
- Paid sick time
- Provident Fund

Work Location: In person

📌 Job Title: Manager – Merchandising (Mumbai)
🏢 Manubhai Gems
📍 Mumbai