Merchandising Officer

Job Description

• Responsible for budgeting, forecasting, making category level strategy, and achieving Sales and Margin targets assigned to a particular category
• Lead negotiations on annual contract terms with suppliers to maximize benefits including margins, pricing, and volumes, product range, MSL, returns and replenishments, payment terms, etc.
• Work closely with stores to ensure healthy store-level sales and Profit and maintaining healthy inventory at each store.
• Keep up to date with the latest retail and category trends about new and innovative products and ways of displaying products.
• Ensure optimum category inventory levels are maintained keeping in mind store requirements as well as working capital constraints, OTB management.
• Monitor and make recommendations for customer product needs, preferences based on internal survey data and GFK data, and change Product range/ buying patterns within the category.
• Making weekly/ Monthly category-level promotional plans.
• Ensure planograms and assortment are up to date and making a timely clearance plan for Ageing and EOL inventory.
• Ensure effective in-season management of the assigned category/department through regular analysis and action plan based on the performance around the following anchors: sales vs. Stock, stock analysis, stock balancing, margin analysis

Job Requirements

• 3 years + in Category Management in Retail Industry preferably in the Electronics industry.
• Strong Planning and Organizing Skills, Analytical and Problem Solving Skills, Communication Skills, Negotiation & Presentation Skills.
• Males only