
Product Category Head, Menswear, Allen Solly
5 days ago
Job Purpose
Job Purpose Description
Job Context & Major Challenges
Managing the products of sub category aesthetic look, quality & pricing, timely delivery of product & drive product innovation towards achieving competitive advantage.
Key Challenges
- Freshness at frontend, product innovation
- CTM execution in large system and managing so many stakeholders for the same
- Budgeting, Monitoring & Control of Sourcing, Manufacturing, Product Costs & resultant GP
- Dependency on china manufacturer for finished goods & raw material.
- Core & volume driver management
- GTM Execution
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
KRA1 Financial Results Drive sustainable revenue growth.
To achieve given gross profit targets.
Managing working capital & inventory turns.
KRA2 Consumer and Market In sighting Understanding of Consumer Profiles, impact of catchments/ buying behaviors on elements of channel strategy such as store locations, merchandise, staff service etc.
Market research tools, tactics, principles and practices, understanding of competitor and industry dynamics.
KRA3 Merchandising Grid Management Creating and managing product range in line with brand marketing strategy, brand identity and consumer and product segments - translate that into GTM plan
Managing product grid/ product portfolio through understanding of customer choice, fashion trends and competitor products in the market - reviewing merchandise performance
Choosing product/range which has correct combination of colors, patterns, styles and trims and suiting the aesthetic sense of consumers
Merchandise Performance Reviews
KRA4 Inventory Planning & Management Inventory and sales planning from store to national level, measuring merchandise productivity, understanding impact of buying trends and business plans,
Placing the right merchandise in stores, Auto-Replenishment, Inter-store transfers, Core Management Process, Stock liquidation through AMM plan.
Understanding of width vs depth strategy
Best-Seller and EOSS Management
KRA5 People Development & Leadership Set KRA's for team members, Monitor and review team and individual performance, Provide Feedback. Train people on their functional competencies
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