
Strategic Merchandising and Planning Lead
1 day ago
Job Title: Strategic Merchandising and Planning Professional
We are seeking an analytical and innovative leader to drive product planning, category management, and merchandising functions.
Key Responsibilities:- Product Planning & Development:
- Collaborate with cross-functional teams to develop new products aligned with business goals and sales targets.
- Create OTB (Open-to-Buy) plans to ensure optimal inventory levels.
- Develop robust demand plans and Integrated Business Targets (IBT).
- Analyze market, consumer, and competitor trends to inform product direction.
- Merchandising & Buying:
- Define seasonal product range and assortment plans based on market analysis.
- Oversee merchandising operations, including buying strategies, inventory mix, and pricing.
- Plan and manage markdowns, promotions, and product exit strategies for slow-moving inventory.
- Collaborate with buyers, sales teams, and retail channels to understand customer and channel-specific requirements.
- Category Management:
- Manage and optimize performance of key product categories.
- Strategize to expand and diversify product categories based on market demand and insights.
- Monitor category sales, profitability, and inventory health, driving course correction as needed.
- Manage sourcing and purchasing processes to ensure vendor reliability and cost efficiency.
- Performance & Strategy:
- Forecast product demand and maintain inventory levels to meet sales targets without overstocking.
- Lead pricing and promotional strategy to align with business objectives.
- Monitor and analyze daily MIS reports to ensure effective decision-making.
- Maintain high-quality standards in coordination with Quality Assurance teams.
- Key Skills & Competencies:
- Strong understanding of product planning, merchandising, and category management.
- Analytical mindset with experience in forecasting and budget planning.
- Strong coordination and communication skills with internal and external stakeholders.
- Proven ability to lead cross-functional teams and vendor management.
- Expertise in consumer insights and market trend analysis.
- Advanced Excel and MIS reporting skills.
About the Ideal Candidate:
We seek a results-driven professional with a passion for strategic planning, analytics, and team leadership. If you have a strong background in product development, merchandising, or category management, and excel in fast-paced environments, we encourage you to apply.
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