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    Merchandiser - Textile Industry (2-5 yrs) - Mumbai, India - iimjobs

    iimjobs
    iimjobs Mumbai, India

    2 weeks ago

    Iimjobs background
    Full time
    Description

    Job Title:
    Merchandiser


    Location:
    Mumbai (Bhandra-Khar Link road)


    Position Type:
    Full-time


    Age:

    • below 36 years

    Job Summary:
    The Merchandiser plays a crucial role in the product management and sales process. They are responsible for planning, purchasing, and presenting products to maximize sales and profitability.

    This role involves a combination of analytical and creative skills to ensure the right products are available to meet customer demands.


    Key Responsibilities:

    • Product Selection: Research, analyse market trends, and customer preferences to make informed decisions on product selection and assortment.
    • Inventory Management: Manage inventory levels, ensure optimal stock levels, and monitor product turnover rates to minimize overstock or outofstock situations.
    • Pricing Strategy: Collaborate with the pricing team to develop and adjust pricing strategies that align with market conditions and company goals.
    • Supplier Relations: Establish and maintain relationships with suppliers and negotiate terms to secure favorable pricing, terms, and product quality.
    • Visual Merchandising: Create and maintain attractive instore product displays and presentations to enhance the shopping experience and boost sales.
    • Promotions and Marketing: Plan and execute promotional campaigns and marketing strategies to increase product visibility and drive sales.
    • Sales Analysis: Analyze sales data and consumer behavior to identify opportunities for sales growth, and make datadriven decisions to improve product performance.
    • Forecasting: Develop sales forecasts and demand plans to ensure adequate stock availability and to prevent stock outs.
    • Quality Control: Monitor product quality and work with suppliers to resolve quality issues when they arise.
    • Budget Management: Manage the merchandising budget, including product procurement, advertising, and promotional expenses.
    • Competitor Analysis: Keep abreast of industry trends and competitive products, and make recommendations to stay competitive in the market.

    Qualifications:

    • Degree in Business, Merchandising/Fashion Design/Fashion Business
    • Proven experience in merchandising or related roles.
    • Strong analytical skills.
    • Excellent communication and negotiation skills.
    • Proficiency in using merchandising and inventory management software.
    • Creative thinking and an eye for visual presentation.
    • Strong project management and organizational skills.
    • Ability to work well under pressure and meet deadlines.

    Additional Requirements:

    • Willingness to travel, if necessary.
    • Flexibility in working hours, including evenings and weekends.
    • A passion for retail and staying updated on industry trends.
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