The role of a Merchandising head is to drive sourcing strategies that meet & exceed the development goals - through the identification of new products, leveraging sourcing, costing efficiency and ensuring the consistent delivery of quality product from time to time.
Responsibilities / Functions Include:
1. Oversee the operations & functioning of the overall merchandizing team
2. Responsible for all present product categories including but not limited to
- Mobile & Tablets
- Kitchen
- Home
- Fashion
- Beauty & Health
- Apparel
- Jewelry
- Car Accessories
3. Responsible for
- Price optimization
- New product discovery
- New vendor creation
4. Building vendor relationship & development thereof
5. Create & achieve annual operative plans - category wise
- Increase sales percentage
- Improve margins
- Increase vendors
6. Collaborate with creative team for content development
7. Launch new product categories form time to time
8. Maintaining the life cycle of product line
9. Responsible for customer satisfaction for various product - maintaining quality of the products for better CSAT (customer satisfaction)
10. Responsible for margin retention & commission optimization
11. Ensure product profitability
12. Key to success include sound judgment and excellent written/verbal communication skills
QUALIFICATION/SKILLS:
- Should have extensive exposure on multiple merchandizing category from retail format
- Someone who has worked extensively in retail format
- Excellent negotiation skills
- Someone who has an eye for new products
- Better understanding of consumer needs & demands
- Understanding of seasonal market trends
- Team builder & an excellent manager
- Tech savvy
- Quality conscious
- Excellent vendor relationship
- Adaptable to changing trends
- Experience in strategic sourcing & procurement
- Excellent creative thinking with emphasis on developing innovative solutions
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