
General Merchandise Product Specialist
1 day ago
Our organization is seeking a Product Development Manager to spearhead the development and management of General Merchandise, driving business success and delivering exceptional customer experiences.
Key Responsibilities:
- Develop and implement a comprehensive product strategy aligned with customer needs, market trends, and company objectives.
- Plan assortment, pricing, and promotional strategies to maximize sales and profitability, ensuring an exciting and relevant product mix for customers.
- Track and analyze product performance, market share, and competitor activity to inform future decisions.
Buying & Vendor Management:
- Identify, negotiate, and onboard vendors/suppliers for the GM category, building strong partnerships to ensure reliable supply and innovation in product range.
- Negotiate terms including pricing, margins, credit, and delivery schedules to optimize business outcomes.
Mart Marketing & Assortment:
- Design the product assortment, including core, seasonal, and promotional lines, ensuring the right product mix is available across stores and channels.
- Work with the visual merchandising team to create an effective in-store presentation that drives sales and enhances customer experience.
Financial Performance Management:
- Own the P&L of the General Merchandise category, driving margin improvement through effective sourcing and cost negotiations.
- Monitor sales, inventory, and stock turnover, ensuring optimal stock levels and minimizing waste.
Cross-functional Collaboration:
- Work closely with Supply Chain Management for demand planning and replenishment, ensuring seamless execution of product initiatives.
- Partner with Marketing for promotional campaigns and product launches, driving brand awareness and customer engagement.
- Collaborate with Store Operations to ensure effective implementation of product strategies and initiatives.
Requirements & 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.
- Proven track record of handling P&L responsibility and driving business growth.
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