Merchandise Strategist

3 days ago

Solapur, Maharashtra, India beBeeBuyer Full time ₹ 80,00,000 - ₹ 1,50,00,000
Job Description">

To drive strategic buying and merchandising initiatives across designated departments, leveraging market insights to source high-quality products at optimal costs.

Key Responsibilities:">
  • Develop and execute divisional Buying and Merchandising strategies in alignment with business goals.
  • Collaborate with vendors to secure best resources and pricing for respective brands.
  • Work closely with the Merchandising team to ensure timely delivery of purchase orders and optimize stock management.
  • Conduct market research to identify emerging trends and customer demands, informing product development and sourcing strategies.
  • Partner with the Marketing department to design pricing strategies and negotiate agreements with suppliers that support optimal pricing.
  • Maximize current sourcing channels and identify new opportunities to expand the supplier base.
  • Support negotiations with suppliers to achieve best costs and margins.
  • Collaborate with Designers on style development, design research trips, and fabric advice.
  • Manage stock levels, style options, quantities, promotions, and markdowns in collaboration with the Merchandising team.
  • Monitor competitor activity through market research, tracking trends, forecasting, and competitor analysis.
  • Develop promotional plans, including product presentation, packaging, and product development.
  • Review and adjust season plans and weekly plans as needed.
  • Identify and develop new vendor relationships to enhance the supplier base.
  • Obtain Range merchandise after effective negotiation with suppliers.
  • Collaborate with Marketing and Design to develop Visual Merchandising promotions aligned with theme and product launches.
  • Ensure timely delivery of samples by vendors.
  • Establish quality standards for merchandise with QA.
  • Reconcile store plans and fix departmental financial plans.
  • Support negotiations with suppliers to achieve best costs and margins.
  • Collaborate with Merchandising to manage stock levels, style options, quantities, promotions, and markdowns.
  • Conduct annual reviews of supplier performance with QA.
Requirements">
  • Proven experience in Buying and Merchandising, with a focus on strategic sourcing and vendor management.
  • Strong analytical and problem-solving skills, with ability to analyze data and inform business decisions.
  • Excellent communication and negotiation skills, with ability to work effectively with cross-functional teams and external partners.
  • Ability to prioritize tasks, manage multiple projects simultaneously, and meet deadlines.
  • Strong knowledge of market trends, competitor activity, and customer behavior.
Benefits">
  • Competitive salary and benefits package.
  • Ongoing training and development opportunities.
  • Collaborative and dynamic work environment.
Others">

This role offers a unique opportunity to drive strategic growth and innovation within the organization.

Apply now to join our team and take your career to the next level

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