Buying and Merchandising Specialist

10 hours ago

Mumbai, Maharashtra, India beBeeEthnic Full time ₹ 12,00,000 - ₹ 20,00,000
Key Responsibilities:
  • Support the achievement of category targets by assisting in developing a customer-relevant product assortment.
  • Assist in planning seasonal launches and ensure product availability.
  • Work closely with the planning team to ensure assortments reflect market requirements and customer feedback.
  • Incorporate inputs from retail operations, planning, and customer feedback to continuously refine the assortment.
  • Ensure execution of buying activities as per the calendar, adhering to timelines and approvals.
  • Assist in selecting products across designs, fabrics, prints, embroideries, colors, price points, and styling trends.
  • Support the identification of new product lines or designs based on customer trends and competitor activity.
Market Focus and Strategy:
  • Understand customer behavior and style preference considerations specific to Women's Ethnic Wear.
  • Assist in competitor benchmarking, ensuring awareness of pricing strategies, assortment gaps, and emerging styles.
  • Translate customer needs into actionable buying briefs for designers and suppliers.
  • Assist in post-launch analysis, identifying gaps and providing recommendations for assortment adjustments.
  • Work with marketing teams to promote specific collections and campaigns through visual merchandising and communication plans.
  • Participate in market visits to gather competitor insights and customer expectations.
Vendor Management:
  • Build and maintain relationships with existing vendors while supporting the onboarding of new suppliers aligned with product requirements.
  • Assist in vendor evaluation by providing feedback on quality, delivery timelines, and cost.
  • Support order placement, ensuring alignment on materials, samples, and production timelines.
  • Track vendor performance and assist in resolving escalations related to product quality, delivery, or costing.
  • Help vendors understand business expectations related to designs, price points, and compliance.
  • Support order consolidation efforts to optimize supply and reduce lead times.
Financial Planning:
  • Assist in optimal utilization of allocated resources, ensuring alignment with category goals.
  • Support pricing strategies by analyzing costing, margin trends, and competitor positioning.
  • Help negotiate with vendors and finalize cost structures under guidance from the Category Lead.
Product Presentation:
  • Collaborate with visual merchandising and marketing teams to ensure displays meet brand and seasonal requirements.
  • Support the retail team in new product launches, space allocation, and promotional activities.
  • Assist the visual merchandising team in preparing planograms to ensure product presentation aligns with customer expectations.
  • Contribute to improving in-store presentation standards, ensuring consistency and appeal across outlets.
People Management:
  • Provide guidance and support to junior team members on product details, category-specific nuances, and execution.
  • Collaborate with cross-functional teams to ensure seamless execution of launches and merchandising plans.
  • Share learnings and mentor team members to build product knowledge and category expertise.

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