
Product Manager
9 hours ago
Job Overview
The General Merchandise professional will be responsible for developing, managing, and driving the merchandise category to deliver strong business performance in line with the company's strategy.
This role involves assortment planning, vendor management, pricing, promotions, and driving category profitability while ensuring an exciting and relevant product mix for customers.
Key Responsibilities- Develop and implement the merchandise category strategy in line with customer needs, market trends, and company objectives.
- Plan assortment, pricing, and promotional strategies to maximize sales and profitability.
- Track and analyze category performance, market share, and competitor activity.
- Identify, negotiate, and onboard vendors/suppliers for the merchandise category.
- Negotiate terms including pricing, margins, credit, and delivery schedules.
- Build strong partnerships with suppliers to ensure reliable supply and innovation in product range.
- Design the product assortment, including core, seasonal, and promotional lines.
- Ensure the right product mix is available across stores and channels (offline/online).
- Work with the visual merchandising team to ensure effective in-store presentation.
- Own the P&L of the merchandise category.
- Drive margin improvement through effective sourcing and cost negotiations.
- Monitor sales, inventory, and stock turnover, ensuring optimal stock levels.
- 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.
- 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.
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