Strategic Product Manager for Women's Ethnic Wear

2 days ago

Palakkad, Kerala, India beBeeProductivity Full time ₹ 8,00,000 - ₹ 12,00,000
Job Description:

We are seeking an experienced Strategic Product Manager to lead our Women's Ethnic Wear category. This is a unique opportunity to drive growth and profitability by ensuring a well-planned product assortment that meets customer preferences and market trends.

Key Responsibilities:
  • Product Planning:
    • Analyze customer behavior and style preferences to develop a relevant product assortment.
    • Collaborate with cross-functional teams to plan seasonal launches and ensure timely product availability.
    • Evaluate vendor performance and optimize supply chain efficiency.
    • Negotiate with vendors to finalize cost structures under guidance from the Category Lead.
    • Select products across designs, fabrics, prints, embroideries, colors, price points, and styling trends.
    • Identify new product lines or designs based on customer trends and competitor activity.
  • Market Focus and Strategy:
    • Benchmark competitors to stay aware of pricing strategies, assortment gaps, and emerging styles.
    • Translate customer needs into actionable buying briefs for designers and suppliers.
    • Analyze post-launch performance, identifying gaps and recommending assortment adjustments.
    • Collaborate with marketing teams to promote collections through visual merchandising and communication plans.
  • Vendor Management:
    • Build relationships with vendors while onboarding new suppliers aligned with product requirements.
    • Evaluate vendors based on quality, delivery timelines, and cost.
    • Support order placement, aligning materials, samples, and production timelines.
    • Track vendor performance and resolve escalations related to product quality, delivery, or costing.
  • Financial Planning:
    • Assist in optimal budget utilization, ensuring alignment with category goals.
    • Support pricing strategies by analyzing costing, margin trends, and competitor positioning.

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