Sr. Manager/Manager – Product Buying/Merchandising (Travel Gear)
Open Positions: 1
Location: Indore
Company Profile
This role is with Brand Concepts Ltd., a well-known Fashion & Lifestyle Accessories retail entity and premier resource for licensed brand, Tommy Hilfiger in category – Travel Gear, such as Luggage Trolleys, Backpacks, Small Leather Goods like Belts & Wallets for both Men & Women, Women Handbags and Lifestyle accessories.
Position Summary
This role will be mainly to support the development of product and making the buying strategies effective for the brand.
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- Finding factories/vendors and assessing them in terms of reliability, product quality, shipping
speed and cost. - Able to improve quality standards and develop products in line with market trends.
- Plan in terms of quantity and quality considering the data and trends of previous years and strategize accordingly to grow in the best way.
- Customer analysis: Analyzing consumer buying patterns, studying national and international trends, customer demand and predicting future trends for product categories.
- Cost Management: Costing, negotiation, planning MRPs and maintaining buying margin.
- Coordination: Verifying the import documents, coordinating with logistics and warehouse team to
ensure shipment is done timely. - Range Planning: At category, sub-category and option level according to seasonal merchandising
plan. - Product development/Buying: Determining prices per style after reviewing technical packs.
- Identifying and implementing new product range & style-wise planning for growth and
profitability. - Setting up alternative buying capacity for reduction in production cost.
- Selecting the vendors and negotiating with them.
Assortment Planning – Data Analysis, Insights Generation, Options Planning (Width, Depth)
- Finding factories/vendors and assessing them in terms of reliability, product quality, shipping
Preferred Candidate
- 4-5 years of working exposure in handbags/luggage category.
- Masters in any stream from NIFT/FDDI or any other.
Qualitative:
- Leadership Skills
- Skilled in buying & Vendor Management
- Exposure of Preparing Business Plans and proposals
- Skilled in Brand & Category management