About this role
ROLE PROFILE / RESPONSIBILITIES
1. Category Growth and Profitability
Drive sales from the assigned category by developing comprehensive category business plans
Drive and monitor gross margins for the category and ensure alignment with the organization’s position, business plan and budgets.
2. Category Merchandise Planning
Prepare annual plans for the assigned category and provide inputs to the Merchandising Development and Buying Head to assist in creation of overall merchandizing budget
Study trends from historical data around product category sales and market research to assist in the overall planning process
Ensure adherence to financial plan in all key areas - sales, markdowns, margin & average inventory
Discuss, decide and freeze the merchandise plans (pricing, promotion, assortment etc.) for the category with the Merchandise Planning department
Ensure effective in season management across territories (stock balancing, markdown management, stock analysis, stock vs sales performance)
3. Category Design and Quality
Ensure optimum utilization of customer research information to guide category management decisions, including decisions on the introduction of new products, product assortment, shelf layout, promotion and pricing of products in the store
Formulate design and development plan in consultation with the Design Head with specifications on product features, functions, packaging and resource requirement across categories
Ensure all design and development activities are carried out within budget
Ensure the merchandise procured and received meets the quality standards
4. Order and Vendor Management
Create an adequate vendor base for the organization through active scouting and negotiation / renegotiation
Qualifications Preferred
Post graduate or Graduate, 7+ years’ of relevant experience in the Home Retail Industry.