Merchandising Role - Jewellery (3-5 Yrs) Gurgaon/Gurugram (B2C/Retail/Channel Sales)

The Merchandiser will be responsible for managing and executing product strategies, planning inventory, and optimizing sales for the Jewellery category. The role requires a balance between creative insight and business acumen to ensure products meet market demand and company profitability.Key Responsibilities :Product Planning & Development :- Collaborate with designers and product development teams to plan, select, and develop jewellery collections aligned with market trends and consumer preferences.Inventory Management :- Monitor inventory levels and optimize stock to meet sales targets while minimizing excess stock.- Forecast product demand and ensure timely replenishment of stock.Vendor Management : - Liaise with suppliers and manufacturers to ensure product quality, pricing, and delivery timelines are met.- Negotiate terms and pricing with vendors to ensure profitability.Sales Analysis & Reporting :- Analyze sales trends, consumer demand, and market data to identify opportunities for growth and improvement.- Prepare regular sales reports and present findings to management for strategic decision-making.Pricing & Profitability :- Set pricing strategies in alignment with business goals, considering production costs, market trends, and competitor pricing.- Monitor margins to ensure profitability and suggest promotional strategies when necessary.Visual Merchandising :- Work closely with marketing and retail teams to ensure jewellery products are visually appealing in-store and online.- Create effective product displays to enhance customer engagement and sales.Market Research :- Stay updated on market trends, competitor activities, and consumer preferences to recommend new product ideas and changes to existing lines.Cross-functional Collaboration :- Coordinate with marketing, sales, and operations teams to ensure smooth execution of product launches and promotions.Compliance & Quality Control :- Ensure all products meet the company s quality standards and comply with industry regulations and certifications. (ref:updazz.com)

Payroll Type : Permanent