Product Development Specialist

4 days ago

Dombivli, Maharashtra, India beBeeCategory Full time ₹ 11,00,000 - ₹ 16,50,000
Job Description:

The General Merchandise Category Manager is accountable for driving business performance in the GM category. This role involves assortment planning, vendor management, pricing, promotions, and maximizing category profitability.

Key Responsibilities:

  • Develop a comprehensive category strategy for General Merchandise in alignment with customer needs and market trends.
  • Design and implement assortment, pricing, and promotional strategies to boost sales and profitability.
  • Monitor and analyze category performance, market share, and competitor activity.

Buying & Vendor Management:

  • Negotiate and onboard vendors/suppliers for the GM category.
  • Engage in budget negotiations with suppliers to ensure reliable supply and innovation in product range.
  • Establish strong partnerships with suppliers to guarantee effective delivery schedules.

Merchandising & Assortment:

  • Curate the product assortment, including core, seasonal, and promotional lines.
  • E nsure the right product mix is available across stores and channels.
  • Collaborate with the visual merchandising team to ensure effective in-store presentation.

Financial & Business Management:

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

Cross-functional Collaboration:

  • Work closely with SCM for demand planning and replenishment.
  • Partner with Marketing for promotional campaigns and product launches.
  • Collaborate with Store Operations to ensure seamless execution of category initiatives.

Required Skills & Qualifications:

  • Strong analytical and numerical skills with business acumen.
  • Negotiation and vendor management expertise.
  • Understanding of Indian hypermarket/retail landscape.
  • Customer-centric approach with ability to anticipate trends.
  • Strong planning and execution skills.
  • Proficiency in MS Excel, PowerPoint, and category management tools.

Qualifications & Experience:

  • 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.

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