Key responsibilities:

Merchandising strategy and planning:

• Develop and implement merchandising strategies for the division in line with company goals and objectives.
• Create seasonal and annual merchandising plans, including sales projections and inventory planning.
• Identify key trends and opportunities within the market and leverage them to enhance product offerings.

Product selection and curation:

• Oversee the selection of garments and accessories, ensuring alignment with current fashion trends and customer preferences.
• Analyse historical sales data and conduct market research to guide buying decisions.
• Collaborate with design and product development teams to create exclusive products or improve existing lines.

Inventory management:

• Monitor inventory levels and plan replenishments to maintain an appropriate stock balance.
• Manage the flow of goods to optimize sales while minimizing overstock and markdowns.
• Implement strategies for inventory clearance and end-of-season sales.

Sales and performance analysis:

• Analyse sales data, customer feedback, and market trends to assess the performance of products and adjust plans accordingly.
• Work with finance and operations teams to ensure financial targets and operational goals are met.
• Identify opportunities for product optimization and promotional activities.

Vendor and supplier relationships:

• Establish and maintain strong relationships with vendors and suppliers.
• Negotiate favourable terms, including pricing, delivery, and payment terms.
• Monitor vendor performance and resolve any issues related to quality, delivery, or other concerns.

Team leadership and development:

• Lead and mentor a team of buyers and merchandisers, providing guidance and support for their growth and development.
• Conduct performance evaluations and provide constructive feedback to team members.
• Foster a collaborative and positive work environment.

Pricing and promotion strategy:

• Develop and implement pricing strategies that maximize sales and profitability.
• Coordinate with marketing teams to plan and execute promotions and advertising campaigns.
• Monitor the competitive landscape to ensure pricing remains competitive and aligned with market trends.

Brand representation and customer focus:

• Ensure the division's merchandise aligns with the company's brand identity and values.
• Monitor customer feedback and adjust merchandise plans to meet customer needs and preferences.
• Collaborate with the visual merchandising team to create appealing displays that drive sales.

Budget and financial management:

• Manage the division's budget, including forecasting, tracking expenses, and optimizing resource allocation.
• Work with finance teams to ensure profitability targets are achieved.

Trend forecasting and market research:

• Stay informed of industry trends, emerging fashion styles, and market developments.
• Use trend forecasting and market research to guide strategic planning and decision-making.

Qualifications:

• Bachelor's degree in fashion merchandising, business, or related field.
• Proven experience of 10 to 15 years in a merchandising leadership role within the BAGS industry.
• Strong analytical skills and experience with sales data analysis.
• Excellent negotiation, communication, and leadership skills.
• Deep understanding of the garments market and fashion trends.
• Proficiency with merchandising software and inventory management tools.
• Ability to work in a fast-paced, dynamic environment and adapt to changing market conditions.
• Strong problem-solving and decision-making skills.

Job Types : Full-time, Permanent

Pay : ₹140,000.00 - ₹150,000.00 per month

Benefits : Provident Fund

Schedule : Morning shift

Supplemental Pay : Yearly bonus

Work Location : In person