Jewellery Merchandise Coordinator
4 days ago
**Job Overview:**
We are seeking an experienced Jewellery Merchandise Coordinator to join our team at Right Advisors Private Limited. This role is responsible for coordinating the merchandise function, ensuring alignment with market trends and customer demands.
**Responsibilities:
- Product Planning: Determine product mix, quantities, and assortments to be offered, ensuring alignment with market trends and customer preferences.
- Market Analysis: Conduct market research to identify emerging trends, customer needs, and competitive products, guiding product selection and pricing strategies.
- Inventory Management: Monitor inventory levels to maintain optimal stock levels, coordinating with production and procurement teams to prevent overstocking or stockouts.
- Sales Forecasting: Analyze sales data to predict future demand, informing production and purchasing decisions to ensure timely delivery of products.
- Supplier Relations: Establish and maintain strong relationships with suppliers, negotiating terms, prices, and delivery schedules to secure high-quality products at competitive prices.
- Pricing Strategy: Develop and implement pricing strategies that balance profitability with customer demand, regularly reviewing and adjusting prices based on market conditions.
- Promotion Planning: Collaborate with the marketing team to plan and execute promotional activities, sales events, and new product launches.
- Product Display: Ensure jewellery products are displayed attractively and effectively in retail environments and online platforms, working with visual merchandisers to create engaging displays.
- Sales Performance Monitoring: Track sales performance, analyzing data to identify trends, best-sellers, and underperforming products, making adjustments to maximize sales and profitability.
- Candidate Qualifications:-
- Bachelor's degree in Marketing, Business, Fashion Merchandising, or a related field.
- Previous experience in merchandising, preferably within the jewellery industry.
- Strong understanding of market trends, customer preferences, and retail strategies.
- Proficiency in merchandising software and tools.
- Strong negotiation and relationship-building skills.
- Excellent communication and interpersonal skills.
- Creative flair for product presentation and display.
- Ability to work in a fast-paced environment and manage multiple tasks simultaneously.
- Strong attention to detail and organizational skills.
Contact Information: Please submit your application through our website.
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