General Merchandise Product Specialist

2 days ago

Vijayawada, Andhra Pradesh, India beBeeProductivity Full time ₹ 15,00,000 - ₹ 22,50,000

Job Summary

The Product Portfolio Manager will be responsible for developing and managing a product portfolio to deliver strong business performance in line with the company's strategy.

This role involves assortment planning, vendor management, pricing, promotions, and driving category profitability while ensuring an exciting and relevant product mix for customers.

Key Responsibilities:

  • Develop and implement the product portfolio strategy to meet customer needs, market trends, and company objectives.
  • Plan assortment, pricing, and promotional strategies to maximize sales and profitability.
  • Track and analyze product portfolio performance, market share, and competitor activity.

Buying & Vendor Management:

  • Identify, negotiate, and onboard vendors/suppliers for the product portfolio.
  • Negotiate terms including pricing, margins, credit, and delivery schedules.
  • Build strong partnerships with suppliers to ensure reliable supply and innovation in product range.

Merchandising & Assortment:

  • Design the product assortment, including core, seasonal, and promotional lines.
  • Ensure the right product mix is available across stores and channels (offline/online).
  • Work with the visual merchandising team to ensure effective in-store presentation.

Financial & Business Management:

  • Own the P&L of the product portfolio.
  • Drive margin improvement through effective sourcing and cost negotiations.
  • Monitor sales, inventory, and stock turnover, ensuring optimal stock levels.

Required Skills & Qualifications:

  • Graduate/Postgraduate in Business Administration, Retail Management, or related field.
  • 6–10 years of experience in buying/category management, in General Merchandise or related categories.
  • Experience in hypermarket/large-format retail is a must.
  • Proven track record of handling P&L responsibility.

Keyword: Productivity

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