Job Description
Job Responsibilities
- Partner with cross-functional teams to identify opportunities, develop, and execute strategies including marketing, merchandising, influencers, warehouse, operations, and finance to drive organizational goals.
- Build a strong assortment catering to all needs of the platform’s users and business purposes.
- Monitor and evaluate product performance, adjusting orders as necessary to meet consumer demands.
- Maintain minimum stock outs with visibility of next availability and alternative options.
- Support maintaining healthy finances with timely closing of receivables and payables.
- Generate reports on a weekly, monthly, and yearly basis, including sales, stock levels, offers, and promotions.
- Close offers on exclusive lines, special product selections, brand offers, and season-relevant promotions.
- Identify trends and maximize opportunities with addition and removal of assortment in the warehouse while minimizing liabilities with rightful purchasing or supported products clearance.
- Onboard new brands seamlessly, negotiate favorable credit terms, and go live on-site in a timely fashion.
- Monitor competition for price competence and range parity; evaluate industry trends and competition assortment.
- Monitor brand performance, initiating corrective action where necessary to ensure operations are conducted within agreed financial parameters.
- Learn from and lead team members towards ethical practices, coaching and inspiring junior members of the team.
- Maintain healthy relationships with internal and external stakeholders through good communication, supporting business growth and goal achievement professionally.
- Follow and maintain supply flow from partners, meeting business objectives.
- Support Joint business plan deals from planning to achieving targets and collecting rewards.
- Source product samples for internal reviews, influencer campaign collaborations, and giveaways via different channels.
- Ensure bestsellers are ordered in time and always maintained in stock.
- Review content with a 360 view and ensure availability of all relevant assets including product or brand.
- Handle customer queries and complaints by supporting decision-making, providing product use suggestions, and facilitating defect corrections with support from distributor/brand.
- Close deals based on historical trends and price considerations, keeping in mind business objectives to meet healthy margins while achieving sales targets.
- Achieve targets for revenue, margins, and inventory management.
- Monitor on-site view and suggest improvements to support revenue generation and enhance customer experience.
- Support suppliers with queries and ad-hoc tasks, always keeping the best interest of both organizations in mind.
- Identify and suggest new enhancements for internal systems, on-site experience, and product developments.
- Support selection and ordering of Home brand range, working towards meeting organizational goals.
- Attend and participate in market collaborations/events to improve network and meet business goals.
- Maintain high ethical standards, keeping in best interest of personal image, company image, and its partners.
- Engage in out-of-the-box thinking to capture hidden liabilities, helping to avoid incorrect purchases and optimize assortment.
- Review and ensure all relevant on-site events, offers, and launches run correctly and smoothly, in line with strategic plans and marketing calendar.
Requirements
- Experience in Retail Buying or Merchandising
- X years experience in E-commerce retail
- Technical savvy and business savvy
- MS Office and computer literacy; organizational skills
- Negotiation, influencing, understanding of pricing basics and logic
- Attention to detail, trend analysis, analytical and problem-solving skills
- Teamwork, leadership, quick learner, good teacher, integrity
- Product development experience
- Bachelor’s degree minimum
- English and Hindi literacy; additional language is an advantage
- Communication skills – written, verbal, and presentation skills
- Curious mind and passion for the retail business
- Open to feedback and suggestions; ability to multitask; adaptable
- Partner and stakeholder managing skills; not afraid to be fiercely original
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