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8.0 - 12.0 years
5 - 9 Lacs
Bengaluru, Karnataka, India
On-site
Location: Bangalore Work Experience: 8 to 12 years Education: Masters Job Purpose To lead the merchandise planning and product lifecycle strategy across all categories, ensuring the right product mix, pricing, inventory management, and coordination with design, sourcing, and sales channels. The role is critical in driving profitable growth while delivering consumer-relevant offerings on time and within budget. Key Result Areas & Supporting Actions Merchandise Grid Management for All Product Categories Conduct trend analysis using historical sales data to guide future assortment planning. Collect structured feedback from key channel partners on past performance of product offerings. Run costing sheets to maintain budgeted gross margins (GP/CBA) and suggest final MRPs accordingly. Manage product pricing and maintain PC to MRP ratio in alignment with financial budgets. Finalize indent quantities at SKU level across product categories based on forecasts and channel needs. Develop a merchandise grid for the season and coordinate planning calendars. Provide brand briefs to the Design Studio , aligning them with the seasonal product strategy. Cross-Functional Coordination for Timely Product Execution Ensure that the planned grids are translated effectively into production schedules . Track and achieve PPM (Pre-Production Meeting) targets for timely execution. Plan and execute CTMs (Category Trade Meetings) as per seasonal timelines. Maintain freshness on E-commerce platforms with new SMUs every 15 days. Finalize Goldseal/material requirement plans to prevent sourcing delays. Work closely with retail, franchise, and online sales teams to understand business needs and align the merchandise mix accordingly. Inventory Management & Sell-Through Optimization Conduct sell-through analysis to evaluate product performance and liquidation status. Manage leftover raw materials through repackaging, reoffering, and dormancy control strategies. Ensure minimal inventory aging and optimize turn ratios across categories. Team Management & Leadership Define goals, KPIs, and development plans for team members. Identify and address skill gaps through coaching and functional training. Handle inter-departmental conflicts and promote a collaborative working environment. Provide ongoing mentorship and motivation to ensure team engagement and productivity. Desired Skills and Experience Strong background in Product and Category Management Proven experience in costing, pricing, and gross margin analysis Expertise in assortment planning , product lifecycle management, and SKU-level forecasting Understanding of retail, e-commerce, and franchise channels Advanced Excel and data analysis skills Proficiency in inventory management tools and ERP systems Team leadership, coaching, and stakeholder management
Posted 4 days ago
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