
Role Overview:
Support in managing a world class quality product portfolio, drive topline and bottom line. The profile involves work on Range Planning, Pricing, Promotions/Offers to deliver Sales growth and Profitability objectives using Analytics, Customer Research, Product Trends and retail feedback.
The role collaborates with Factory, Vendors, Retail, Marketing and production.
Product Portfolio:
- Managing the universe of designs for sales growth and Gross contribution as per strategy defined by Category Manager.
- Rationalization of the designs based on performance in terms of profitability or sales.
- Track and Understand competition benchmarks and trends in the luxury jewelry segment in terms of the designs, pricing, range and policy.
- Identification of product gaps and need for refreshers to grow sales using analytics, retail feedback and insights based on consumer research and early adoption of consumer trends.
- Product Life cycle management - Evaluate sales performance, margin profile, role of each design for the brand and in the portfolio to manage life cycle of the product.
Pricing:
- Assist in the pricing of products in each category and price / weight band as per the profitability objective laid down by the category Manager.
Retail:
- Drive sell-thru activations, offers and incentives for retail team.
- Review performance and maintain a library of store wise key data points and suggest action plans on Merchandising related improvements and alignments that would help objectives.
- Monitor the planogram effectiveness for Sales and Buyers.
Key Deliverables:
- Support Category Manager in achieving the topline and bottom line targets of the segments.
- Ensure that the right product mix is available at all points of sale and at brand level.
- Maintain a library of relevant data to facilitate decision making based on data points.
Candidate Profile:
- MBA or graduated from reputed design institutes with 3 - 6 years of work experience.
- High degree of co-ordination abilities.
- Assertiveness.
- High order of communication skills.
- High on learning capabilities.
- Well versed with jewellery products, mfg techniques and certifications in gemology will be added advantage.
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