Implement the merchandising strategy and NPI for Diamond Collections in alignment with the overall merchandising and business strategy to achieve growth and profitability of the business.
- Create and seek approval of unique design codes. - Interface and coordinate with designers, engineers, planners, and others associated with accomplishing the work. - Negotiate with manufacturers and suppliers to meet the company and customer’s expectations. - Maintain the product catalogue and design bank for Diamond collections. - Facilitate New Product Introduction (NPI) meetings with Merchandising representatives. - Design planogram and assortment mix to maintain the appropriate amount and design of stock to cater to customer preferences. - Gain inputs regarding catchment preferences, peak seasons and campaigns planned through external research. - Manage the rotation of aged/dead stock to maximize inventory turn. - Provide inputs regarding the guidelines for vendor returns of Diamond collections to help finalize vendor contracts. - Identify stock redistribution among stores through analytics dashboard for effective stock shuffling. - Identify dead stock to be melted/returned to vendors in order to minimize MGD losses .
Required Skills:
- Business communication skills, particularly facilitation, negotiation and presentation skills - Strong interpersonal and planning skills
