
Retail Product Manager
3 days ago
Job Title: Category Management Professional
Overview of the Role:The Category Management Professional plays a pivotal role in driving business performance across General Merchandise categories, encompassing Household, Kitchenware, Toys, Stationery, Luggage, Seasonal items and more. The primary objective is to align with the company's strategic goals by implementing assortment planning, vendor management, pricing, promotions, and ensuring an engaging product mix for customers.
Main Responsibilities:- Develop and implement category strategies for General Merchandise, taking into account customer needs, market trends, and company objectives.
- Plan assortment, pricing, and promotional strategies to maximize sales and profitability.
- Analyze category performance, market share, and competitor activity to inform data-driven decisions.
- IDentify, negotiate, and onboard vendors/suppliers for the GM category.
- Negotiate terms including pricing, margins, credit, and delivery schedules.
- Foster strong partnerships with suppliers to ensure reliable supply and innovation in product range.
- Design the product assortment, including core, seasonal, and promotional lines.
- E nsure the right product mix is available across stores and channels (offline/online).
- Collaborate with the visual merchandising team to ensure effective in-store presentation.
- 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.
- 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.
- 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.
- 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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