DGM Merchandising Category - Gold

ABG - Novel Jewels, is seeking an incumbent with 6+ years of experience, specifically from gold category,(Candidates from Jewelry industry ONLY MUST APPLY)

Location: Mumbai

Qualification: Graduate (Any stream) OR MBA

Essential Duties and Responsibilities:

• Top line & Gross Margin
• Ensure group delivers top line and gross margin as per the annual plan.
• Product Portfolio
• Build product portfolio in line with brand ethos & business goals keeping the evolving customer need and aspirations at center.
• New Products & Collections
• Planning new products and collections as per annual plan.
• Driving efficiency
• Inventory turns, OTB and aged stock management. Operate within inventory budgets and drive efficiency for the category. Ensure that the aged stock within the predefined limits and provisions.
• Assortment & distribution
• Build systematic processes to build and evolve market specific assortment plans to deliver maximum sales and inventory efficiency.
• Pricing
• Responsible for pricing strategy for the category so that we can offer customers the best value, value being a combination of price and any convenience. Candidate will also be responsible for using pricing as a lever to ensure profitability.
• Business planning
• Develop a short-term and long-term plan for growth on the state of key topline and bottom-line metrics and risk factors
• Collaboration
• Work closely with Sourcing, Design, Retail, Marketing & VM team to ensure availability, cost optimization, quality, availability of new products and collections as per plan, support marketing campaigns. sufficient visibility of products in-store, online & digital platforms, drive retail sales through effective training content, knowledge and drive among sales staff.
• Systems & Processes
• Invent, build and drive continuous process improvement, automation across our systems to allow us to scale a fast-growing business.
• Team
• Build and manage knowledgeable, efficient & collaborative team for subcategories.