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Category Manager - Merchandising - Jewellery (5-8 yrs)

5.00 to 8.00 Years   Mumbai City   14 Apr, 2022
Caps & Pays HR Consultants
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryRecruitment Services
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

    Category Manager HVS Merchandising Jewellery i. To craft and introduce the right product/ merchandise mix and drive to the topline for the categoryii. Create deep engagement with vendors to lead the HVS space in the industry including empanelling new vendors with unique skillsets. Work closely with the design team to amplify design differentiation iii. Analyse the overall market trendsiv. Indexing versus competitionv. Generate deep consumer insights for the category Merchandising: Planning & forecasting: Demand planning 1. Gather inputs from markets to arrive at the business plan and later plan the building blocks for sale for respective product groups. Develop iterations and seek approvals on the annual store-wise product group sales mix2. Conduct sales variance study and recommended interventions on monthly basis to help achieve sales3. Develop the product mix and other initiative plans for the stores assigned under identified focus markets 4. Bottom up feedback from stores and design the new product introduction5. Developing a calendar for specific interventions based on regional events/wedding dates. Merchandising: Vendor partner collaboration 1. High level of collaboration with our vendor partners in Mumbai and with the Responsible Sourcing teams2. Fortnightly visits to vendor partner locations3. Periodic review with the respective vendor partners4. Formulating avenues for strategic partnering along with the responsible sourcing team. This could include Co-creating exclusive collections; piloting vendor-led innovations in rapid prototyping for reduced time to market; vendor managed Inventory buffers etc.5. Deep understanding of market trends and on competitor insights through vendor partners Merchandising: Product Management: Product Portfolio Management 1. Review the entire product lifecycle and deploy the PLCM through universe rationalization2. Systematic and timely, New Product Introduction based on bottom up feedback3. Lead the Design Differentiation for the Brand through superb product introductions; Work with the design and the VM team for creation of designs and display/showcase mechanisms4. Brief creation and closure of bottom up feedback as per the calendar5. Achieve Category Top line Targets as per planned catpb sales shares though new product introductions6. Monitor the BBPM performance evaluation for vendor returns and share the performance7. Conduct existing vendor performance evaluations based on product performance and evaluate new vendors based on the skill set planning8. Trend evaluation from diverse sources like IIJS, Exhibitions, customer visits, online etc and feed into the new product briefs9. Influence L3 indents for new products,

Keyskills :
salesmarketingretailsourcingpricingnew product introductionvendor managed inventorygroup salesproduct mixdemand planningconsumer insights

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