Merchandiser

3 weeks ago


Mumbai, India Eridani Fashions LLP Full time

We are seeking a highly motivated and detail-oriented Merchandiser/Inventory Planner to join our dynamic team. As a key member of our company, you will play a crucial role in managing the inventory levels and merchandising strategies to ensure optimal stock availability and maximize sales performance. You will collaborate with various teams, including purchasing, marketing, and sales, to create effective plans that align with the company's goals and customer demands.

**Responsibilities**:
Inventory Management:Develop and maintain inventory forecasting models based on historical data, market trends, and sales projections.
Monitor inventory levels and stock movement to avoid stockouts or overstock situations.
Implement replenishment strategies to ensure optimal stock availability and minimize carrying costs.
Coordinate with suppliers and internal teams to ensure timely deliveries and resolve any supply chain issues.

Merchandising Strategy:Analyze market trends, customer preferences, and competitor activities to identify opportunities and risks.
Create and execute effective merchandising strategies to drive product visibility and sales performance.
Optimize product assortment and positioning to meet customer needs and enhance the overall shopping experience.
Collaborate with marketing and sales teams to align merchandising efforts with promotional campaigns and events.

Data Analysis and Reporting:Utilize data analytics tools to analyze sales data, inventory turnover, and other key performance indicators (KPIs).
Generate regular reports on inventory levels, sales performance, and merchandising effectiveness for management review.
Provide insights and recommendations based on data analysis to improve inventory management and merchandising strategies.

Demand Planning:Work closely with sales and marketing teams to forecast demand and plan inventory levels accordingly.
Identify potential demand fluctuations and adjust inventory plans to accommodate seasonal trends and promotions.

Cross-Functional Collaboration:Collaborate with various teams, including purchasing, sales, marketing, and operations, to align on business goals and strategies.
Participate in product development discussions to ensure inventory requirements are considered during the product lifecycle.

**Requirements**:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience as a Merchandiser, Inventory Planner, or in a similar role.
- Strong analytical and problem-solving skills with a data-driven approach.
- Proficiency in inventory management software and data analysis tools.
- Excellent communication and interpersonal skills to collaborate effectively with diverse teams.
- Ability to work in a fast-paced environment and handle multiple priorities simultaneously.
- Detail-oriented with a keen eye for accuracy and precision in inventory management.

**Salary**: ₹35,000.00 - ₹55,000.00 per month

**Benefits**:

- Paid sick time

Schedule:

- Monday to Friday
- Weekend availability

Supplemental pay types:

- Overtime pay

Ability to commute/relocate:

- Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- Merchandising: 3 years (required)

Application Deadline: 31/07/2023
Expected Start Date: 16/08/2023


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