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Merchandiser

2 weeks ago

Indore, Madhya Pradesh, India Punjab Jewellers Full time ₹ 6,00,000 - ₹ 8,00,000 per year

Key Responsibilities:

  1. Product Selection & Management:

  2. Develop and manage product assortments that align with the company branding and customer needs.

  3. Analyze sales data, market trends, and customer preferences to identify high-demand products.

  4. Work with vendors and suppliers to negotiate pricing, contracts, and delivery schedules.

  5. Inventory Control:

  6. Monitor stock levels and coordinate with purchasing to maintain inventory balance.

  7. Identify slow-moving or outdated stock and propose strategies for clearance or repositioning.

  8. Ensure stock accuracy through periodic checks and audits. Regularly inspect inventory to identify defective or damaged products by assessing visual defects, functional issues, and customer feedback. Coordinate with suppliers for replacements, returns, or repairs and ensure quality standards are consistently upheld before products are displayed or sold.

  9. Visual Merchandising:

  10. Design and execute in-store and online displays to maximize product visibility and appeal.

  11. Collaborate with marketing teams to ensure displays align with campaigns and promotions.

  12. Regularly refresh displays to keep them visually engaging and relevant.

  13. Data Analysis & Reporting:

  14. Analyze sales and performance metrics to evaluate product success and identify areas for improvement.

  15. Provide regular reports on merchandising performance and inventory status.

  16. Collaboration & Coordination:

  17. Work closely with sales teams to understand customer feedback and adjust product offerings accordingly.

  18. Coordinate with marketing teams to ensure cohesive messaging and promotion.

  19. Partner with suppliers and logistics teams to ensure timely and accurate delivery of products.

  20. Customer Trends & Competitor Analysis:

  21. Keep abreast of industry trends and customer preferences to inform purchasing decisions.

  22. Monitor competitor activities and adjust strategies to maintain a competitive edge.

3. Data Analysis & Reporting:

Analyze sales and performance metrics to evaluate product success and identify areas for improvement.

Provide regular reports on merchandising performance and inventory status.

4. Collaboration & Coordination:

Work closely with sales teams to understand customer feedback and adjust product offerings accordingly.

Coordinate with marketing teams to ensure cohesive messaging and promotion.

Partner with suppliers and logistics teams to ensure timely and accurate delivery of products.

6. Customer Trends & Competitor Analysis:

Keep abreast of industry trends and customer preferences to inform purchasing decisions.

Monitor competitor activities and adjust strategies to maintain a competitive edge.

Qualifications & Skills Required-

  • Bachelor's degree in Merchandising, Business, or a related field. Master's degree is a plus.
  • Proven experience in merchandising management within the jewellery or luxury goods industry.
  • Strong analytical skills with the ability to interpret data and market trends.
  • Excellent negotiation and vendor management skills.
  • Creative mindset with a keen eye for aesthetics and design.
  • Exceptional communication and collaboration skills.
  • Proficient in Google Drive and merchandising ERP software.