Job title: Assistant Manager – Buying & Merchandising

Company: PALMONAS (Demifine Fashion Private Limited)

Department: Buying & Merchandising

Location: Pune

Employment Type: Full-time

About PALMONAS

PALMONAS is a modern demi-fine jewellery and lifestyle brand, offering contemporary jewellery designed for everyday wear. We are looking for a commercially driven and detail-oriented professional to join our Buying & Merchandising team and support the development of a strong, trend-relevant and profitable product portfolio.

About the Role The Assistant Manager – Buying & Merchandising will be responsible for managing the end-to-end buying and merchandising process, including product planning, sourcing, vendor management, range development, costing, inventory management and sales performance analysis. The role will involve close coordination with Design, Product Development, E-commerce, Retail, Marketing and Supply Chain teams to ensure the right products are available at the right time and at the right price.

Key Responsibilities

1. Buying & Category Management

- Develop and execute buying strategies aligned with business goals, customer preferences and category requirements.
- Plan product assortments and collections based on market trends, sales data and seasonal demand.
- Identify opportunities for new product categories, designs and styles.
- Manage the product lifecycle from concept and sourcing to launch and performance review.
- Ensure the right product mix across price points, categories and sales channels.

2. Sourcing & Vendor Management

- Identify, evaluate and develop vendors and suppliers for jewellery and related products.
- Negotiate pricing, minimum order quantities, lead times and commercial terms.
- Build robust vendor relationships to ensure quality,



timely delivery and competitive pricing.
- Coordinate with vendors for sampling, product development and production timelines.
- Explore new sourcing opportunities to improve product quality and cost efficiency.

3. Merchandising & Product Development

- Work closely with Design and Product Development teams to develop commercially viable collections.
- Track product development timelines, sampling, approvals and final production.
- Ensure product specifications, quality standards and design requirements are met.
- Monitor new launches and ensure timely availability across retail and online channels.

4. Sales & Inventory Planning

- Analyse sales trends, sell-through, stock levels and product performance.
- Identify fast-moving, slow-moving and non-performing products.
- Plan replenishment and inventory allocation based on demand.
- Monitor ageing inventory and recommend markdowns or liquidation strategies where required.
- Maintain optimal inventory levels while minimizing stock-outs and excess inventory.

5. Market & Trend Analysis

- Track jewellery, fashion and lifestyle trends, competitor offerings and market developments.
- Conduct competitor benchmarking on product assortment, pricing and collections.
- Identify emerging consumer preferences and translate insights into buying decisions.
- Support pricing and margin strategies to improve category profitability.

6. Cross-Functional Coordination & Reporting

- Coordinate with Retail,



E-commerce, Design, Marketing, Finance and Supply Chain teams.
- Maintain buying plans, vendor trackers, order status and merchandising reports.
- Track key category metrics such as sales, margins, sell-through, stock cover and inventory ageing.
- Share regular performance updates and actionable insights with management.

Required Qualifications & Experience

- 4–7 years of experience in Buying, Merchandising, Category Management or Sourcing.
- Experience in the jewellery, fashion accessories, lifestyle, fashion or retail industry preferred.
- Strong understanding of product sourcing, vendor management, costing and commercial negotiations.
- Experience in assortment planning, inventory management and sales analysis.
- Good understanding of product development and buying cycles.
- Strong working knowledge of MS Excel and Google Sheets.
- Excellent communication, negotiation and stakeholder management skills.
- Ability to manage multiple categories and timelines in a fast-paced environment.

Key Skills

- Buying & Merchandising
- Category Management
- Jewellery Sourcing
- Vendor Development & Management
- Product Development
- Range & Assortment Planning
- Costing & Price Negotiation
- Inventory Planning & Control
- Sales Analysis & Forecasting
- Market & Competitor Research
- Margin Management
- Cross-Functional Coordination
- Advanced MS Excel / Google Sheets

What You’ll Do at PALMONAS

You will play a key role in building a commercially successful jewellery portfolio by combining market insights, product understanding, strategic buying and effective inventory management. Your contribution will directly support product availability, category growth and overall business profitability.

📌 Assistant Manager – Buying & Merchandising (Maharashtra)
🏢 Palmonas
📍 Maharashtra