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Merchandiser
2 weeks ago
Key Responsibilities:
- **Strategic Planning**:
- Develop and execute comprehensive merchandising strategies aligned with company goals and market trends.
- Conduct market research to identify consumer preferences and emerging trends.
- Create seasonal buying plans, including product assortment, pricing, and inventory levels.
- **Product Selection and Sourcing**:
- Collaborate with design teams or vendors to develop new product lines.
- Negotiate pricing and terms with suppliers to optimize profit margins.
- Manage product lifecycle from conception to market launch.
- **Inventory Management**:
- Monitor inventory levels and manage stock rotation to minimize overstock and understock issues.
- Analyze sales data to forecast demand and adjust inventory accordingly.
- Implement strategies to optimize stock allocation across different sales channels.
- **Pricing Strategy**:
- Determine pricing strategies based on market competition, cost analysis, and profit targets.
- Manage promotional pricing and clearance sales
- **Visual Merchandising**:
- Oversee the visual presentation of products in stores and online to enhance customer experience.
- Develop and implement visual merchandising guidelines.
- **Team Leadership**:
- Lead and mentor a team of merchandisers, assigning responsibilities and providing performance feedback.
- Foster a collaborative environment to achieve team goals
Required Skills and Qualifications:
- Strong analytical skills with proficiency in sales data analysis and reporting
- Deep understanding of market trends, consumer behavior, and retail landscape
- Excellent negotiation and vendor management skills
- Proven ability to lead and motivate a team
- Strong communication and interpersonal skills
- Proficiency in merchandising software and systems
- Bachelor's degree in business, merchandising, or a related field
- Extensive experience in retail merchandising, preferably in a leadership role
Pay: Up to ₹30,000.00 per month
**Benefits**:
- Provident Fund
Schedule:
- Day shift
Ability to commute/relocate:
- Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (required)
**Experience**:
- total work: 1 year (required)