Merchandiser - Textile Industry

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 out-of-stock 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 in-store 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 data-driven 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.