All levels

2 weeks ago

Chennai, Tamil Nadu, India Jeyachandran Retail Private Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year
  1. Merchandise Planning & Strategy


• Develop seasonal and annual merchandise strategy in line with business objectives.


• Align product mix with market trends, customer preferences, and brand positioning.


• Ensure optimal assortment planning across categories, price points, and geographies.

  1. Sales & Margin Performance


• Achieve sales, gross margin, and contribution targets for Fashion & Lifestyle categories.


• Drive category growth through focused merchandise selection and pricing strategies.


• Optimize product lifecycle management to maximize sell-through and minimize markdowns.

  1. Inventory Management


• Maintain healthy stock turns and control aged inventory.


• Monitor OTIF (On Time In Full) supplies from vendors.


• Implement replenishment systems to ensure product availability at the right time and right place.

  1. Vendor & Brand Management


• Build and nurture strong relationships with key vendors, brands, and design houses.


• Negotiate commercial terms, margins, credit periods, and exclusive collections.


• Ensure compliance with quality and ethical sourcing standards.

  1. Market & Trend Analysis


• Conduct regular market scans, competitor benchmarking, and trend forecasting.


• Leverage customer insights, loyalty data, and fashion forecasting reports to drive decisions.


• Introduce new categories, sub-brands, and fashion lines to capture emerging trends.

  1. Pricing & Promotions


• Define pricing strategies balancing competitiveness, brand positioning, and profitability.


• Plan seasonal promotions, end-of-season sales, and tactical offers.


• Track ROI of promotions and adapt strategies accordingly.

  1. Team Development & Leadership


• Lead the merchandise planning, buying, and visual merchandising teams.


• Mentor and groom future leaders in merchandising.


• Ensure cross-functional collaboration with Marketing, Operations, and Supply Chain.

  1. Process & Systems


• Implement best practices in merchandising processes (assortment planning, open-to-buy, allocation).


• Leverage technology and analytics for demand forecasting and merchandise performance tracking.


• Drive automation and efficiency in buying and allocation.

  1. Customer-Centricity


• Ensure merchandise reflects customer preferences across regions and store formats.


• Work with Visual Merchandising to create compelling in-store experiences.


• Continuously review customer feedback and adapt assortment accordingly.

  1. Financial Discipline


• Manage OTB (Open to Buy) within approved budgets.


• Monitor working capital tied in inventory.


• Deliver category profitability in line with overall business plan.

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