Senior Manager - Merchandising - Home & Kitchen/Furnishing/Toys & Stationery/Beverages & Bakery

About the Role:

- This role involves designing and developing products through a strategizing sourcing lens, for a portfolio of product cutting across multiple categories under Home & Kitchen , Home Furnishing , Stationery , Toys , Luggage , Home Improvement Portfolios.

Key Responsibilities:

Product Sharpness:

- Carefully select, develop and launch a comprehensive portfolio of products under Brands. Sharpen the overall product specifications and sourcing process to create an impact while capturing changing consumer preferences and consumption habits. Drive the growth of the portfolio through having the right assortment mix in place.

Vendor Selection & Management :

- Develop a network of processors and repackaging partners across the country to effectively source products at most competitive prices for each market.

- Establish and maintain strong relationships with supplying partners to negotiate favourable terms for the organisation on all sourcing & service aspects.

Sourcing Excellence :

- Drive open book / cost plus sourcing practice to improve buying efficiency leading to improved margin delivery Devise a strategic sourcing plan across categories while constantly evaluating the regionalisation of sourcing for better serviceability.

Strict Financial Control :

- Exercise strict inventory holding norms to efficiently manage working capital stress

- Negotiate higher credit period with vendors to achieve a negative working capital requirement

Fast Paced Growth :

- Develop a category wise launch and growth playbook in collaboration with the Brand & Merchandising team to drive fast paced portfolio share growth

- Work with the Brand marketing team to design and develop portfolio / product level campaigns and help execute them with precision

Maintain Competitive Edge :

- Track competitor activities to stay ahead in the game and maintain the edge.

- Stay informed and updated on the emerging consumer trends to facilitate better product design and development.

- Identify opportunities to differentiate and innovate

Required Skills and Qualifications:

- We are looking for passionate product team members who derive joy out of delighting consumers and improving their life experiences through a portfolio of products delivering super-value.

The team member should :

- Be a graduate in any function with an MBA with Marketing as a major

- Have a min. of 8-10 yrs of experience in sourcing of Home & Kitchen, Home Furnishing, Stationery, Toys, Luggage, Home Improvement categories

- Carry a ready vendor network to fast track product development & launches

- Be a sharp negotiator with a robust understanding of component costing model

- Possess a strong analytical mindset with the ability to make data-driven decisions

- Be sharp in communication, conflict management, and problem-solving abilities