Category Buyer
6 months ago
Key Responsibilities:
**Develop and execute merchandising strategies to drive sales and achieve business objectives in alignment with company goals and customer preferences.**
**Manage the product assortment for assigned categories, ensuring optimal selection, pricing, and presentation to meet customer needs and maximize profitability.**
**Conduct comprehensive market research and analysis to identify emerging trends, consumer preferences, and competitor activities.**
**Build and maintain strong relationships with vendors and suppliers, negotiating favorable terms and agreements to enhance product offerings and maintain competitive pricing.**
**Collaborate closely with cross-functional teams including marketing, sales, operations, and inventory management to ensure seamless execution of merchandising plans and initiatives.**
**Monitor sales performance, inventory levels, and key performance indicators (KPIs), and leverage data insights to make informed decisions and drive continuous improvement.**
**Develop and implement promotional strategies, pricing strategies, and markdown plans to optimize sales, minimize inventory risk, and maximize margins.**
**Stay abreast of industry trends, best practices, and market dynamics, and proactively identify opportunities for innovation and growth.**
Qualifications:
**Bachelor's degree in Business Administration, Marketing, Retail Management, or related field.**
**2-4 years of progressive experience in merchandising, category management, or related roles within the retail industry.**
**Demonstrated success in developing and executing merchandising strategies to drive sales and profitability.**
**Strong analytical skills with the ability to interpret data, analyze trends, and make data-driven decisions.**
**Excellent negotiation, communication, and interpersonal skills with a proven ability to build and maintain effective relationships with vendors and cross-functional teams.**
**Strategic thinker with the ability to prioritize tasks, manage multiple projects simultaneously, and drive results in a fast-paced environment.**
**Proficiency in Microsoft Excel, PowerPoint, and other analytical tools.**
Pay: ₹234,919.69 - ₹450,000.00 per year
**Experience**:
- total work: 3 years (required)
Work Location: In person
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