Central Merchandiser & NPI - Precia

3 - 7 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be responsible for implementing the merchandising strategy and New Product Introduction (NPI) for Precia Collections, a graceful collection of gemstone jewelry. Your role will involve creating and seeking approval of unique design codes, interfacing and coordinating with designers, engineers, planners, and other stakeholders, negotiating with manufacturers and suppliers, as well as maintaining the product catalogue and design bank for Precia collections. Furthermore, you will facilitate NPI meetings with Merchandising representatives, design planogram and assortment mix to ensure the appropriate amount and design of stock based on customer preferences. You will gather insights on catchment preferences, peak seasons, and campaigns through external research, manage the rotation of aged/dead stock, and provide input on vendor returns guidelines for Precia collections to finalize vendor contracts. In addition, you will identify stock redistribution among stores using analytics dashboard for effective stock shuffling, and determine dead stock to be melted/returned to vendors to minimize losses. Your role will also require strong business communication skills, particularly in facilitation, negotiation, and presentation, along with strong interpersonal and planning skills.,

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