Job Description

Key Responsibilities:

Strategic Planning:

Develop and execute comprehensive merchandising strategies aligned with company goals and market trends. Conduct market research to identify consumer preferences and emerging trends. Create seasonal buying plans, including product assortment, pricing, and inventory levels.

Product Selection and Sourcing:

Collaborate with design teams or vendors to develop new product lines. Negotiate pricing and terms with suppliers to optimize profit margins. Manage product lifecycle from conception to market launch.

Inventory Management:

Monitor inventory levels and manage stock rotation to minimize overstock and understock issues. Analyze sales data to forecast demand and adjust inventory accordingly. Implement strategies to optimize stock allocation across different sales channels.

Pricing Strategy:

Determine pricing strategies based on market competition, cost analysis, and profit targets. Manage promotional pricing and clearance sales

Visual Merchandising:

Oversee the visual presentation of products in stores and online to enhance customer experience. Develop and implement visual merchandising guidelines.

Team Leadership:

Lead and mentor a team of merchandisers, assigning responsibilities and providing performance feedback. Foster a collaborative environment to achieve team goals
Required Skills and Qualifications:

Strong analytical skills with proficiency in sales data analysis and reporting Deep understanding of market trends, consumer behavior, and retail landscape Excellent negotiation and vendor management skills Proven ability to lead and motivate a team Strong communication and interpersonal skills Proficiency in merchandising software and systems Bachelor's degree in business, merchandising, or a related field Extensive experience in retail merchandising, preferably in a leadership role
Job Type: Full-time

Pay: Up to ?30,000.00 per month

Benefits:

Provident Fund
Schedule:

Day shift
Ability to commute/relocate:

Hyderabad, Telangana: Reliably commute or planning to relocate before starting work (Required)
Experience:

* total work: 1 year (Required)