Head - Merchandising

Head Merchandising is responsible for creating a category plan as per an organizations requirement.

This Role Involves

• Implementing and creating category plans in the same line with BU strategy, and teams.
• Maintaining key account management, brand alliances, and Vendor relationship management, Category Management, Vendor Product Portfolio/Catalogue Management.
• Merchandising and sourcing, Market Intelligence, Quality assurance, New Product Identification and launch, Budgeting/Pricing/Negotiations.
  
  

KeyResponsibilities

Develop and create category plans and implement it with Business Units.

Bring Innovative techniques in Vendor relationship management, brand alliances

Build, onboard, and maintain new Vendors and brands with a focus on customer experience.

Building assortment, monitoring pricing inventory in line with the organizations sales margin plans.

Identifying trends on-boarding new assortment per season planning

Leading consumer experience by acting on relevant parameters of product quality.

Spearheading complete buying, merchandising, Quality benchmarking, and Market intelligence.

Managing vendor relationships by discussing quality; checking availability and negotiating prices accordingly.

Balancing product pricing and availability with demand and seasonality; forecasting demand based on seasonality to ensure product availability.

Achieving defined targets pertaining to sales, margin, master hygiene, promo negotiations, efficient stock planning promo efficacy analysis, and other income for the assigned category.

Researching competitors to gain better market understanding by conducting competition benchmarking, promotions pricing, and suggesting appropriate pricing and promotional activities.

Controlling maintaining inventory as per the guidelines and ensuring timely availability of products

Planning pricing strategy to deliver price value to business units by great execution.

Qualification : Any Degree or PG

Experience : to have headed a purchase team handling multiple categories, with focus on Retail and Ecommerce

Compensation Benefits : Rs.12 lpa + variable 3 Lpa on achieving agreed business targets

This job is provided by Shine.com