Drive Profitable Growth through Strategic Product Management

1 day ago

Ludhiana, Punjab, India beBeeMerchandiser Full time ₹ 1,20,00,000 - ₹ 2,40,00,000
Strategic Product Planning Manager

We are seeking a highly analytical and innovative professional to lead our product planning, category management, and merchandising functions.

The ideal candidate will play a pivotal role in driving product development, optimizing category performance, and ensuring profitable growth across various segments.

Key Responsibilities:

  • Drive new product development in collaboration with design, sales, and sourcing teams.
  • Prepare OTB (Open-to-Buy) plans aligned with business goals and sales targets.
  • Develop robust demand plans and Integrated Business Targets (IBT).
  • Conduct market, consumer, and competitor trend analysis to influence product direction.
  • MERCHANDISING & BUYING:
    • Define seasonal product range and assortment plans.
    • Oversee merchandising operations, including buying strategies, inventory mix, and pricing.
    • Plan and manage markdowns, promotions, and product exit strategies for slow-moving inventory.
    • Collaborate with buyers, sales teams, and retail channels to understand customer and channel-specific requirements.
  • CATEGORY MANAGEMENT:
    • Manage and optimize performance of key product categories.
    • Strategize to expand and diversify product categories based on market demand and insights.
    • Monitor category sales, profitability, and inventory health, driving course correction as needed.
    • Manage sourcing and purchasing processes, ensuring vendor reliability and cost efficiency.
  • POLICY INNOVATION & STRATEGY:
    • Forecast product demand and maintain inventory levels to meet sales targets without overstocking.
    • Lead pricing and promotional strategy to align with business objectives.
    • Monitor and analyze daily MIS reports to ensure effective decision-making.
    • Maintain high-quality standards in coordination with Quality Assurance teams.

Required Skills and Qualifications:

  • Strong understanding of product planning, merchandising, and category management.
  • Analytical mindset with experience in forecasting and budget planning.
  • Strong coordination and communication skills with internal and external stakeholders.
  • Proven ability to lead cross-functional teams and vendor management.
  • Expertise in consumer insights and market trend analysis.
  • Advanced Excel and MIS reporting skills.

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