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Merchandising Manager

The Human Circle

OneDayHire Job

Experience

4-6 Years

Salary

10-15 Lakhs

Location

Delhi-New Delhi

Posted - 850 days ago

Applications - 5

Vacancies- 1

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Join the The Human Circle team as a Full Time Merchandising Manager on Erekrut, specializing in Merchandising Manager in the FMCG industry. We are seeking talented individuals with a passion for Training & Assessment and educational qualifications ranging from 4-6 Years. Apply now on Erekrut to take the next step in your career with a leading global company.

Job Description

Merchandising Managers have to play a crucial role in FMCG retail and product-based businesses, ensuring that the right products are available at the right time, in the right quantities, and at the right prices. The job description of a Merchandising Manager typically includes a variety of responsibilities aimed at optimizing sales, managing inventory, and maximizing profitability. Here's a general overview of the job description:

1. Product Selection and Procurement:

- Collaborate with buyers and vendors to select products that align with the company's strategy and customer preferences.

- Negotiate terms and agreements with suppliers to secure favorable pricing, terms, and delivery schedules.

2. Inventory Management:

- Develop and implement inventory strategies to maintain optimal stock levels, prevent overstock or stockouts, and minimize holding costs.

- Monitor inventory turnover rates and take corrective actions as needed.

3. Pricing Strategy:

- Analyze market trends, competitor pricing, and cost factors to establish competitive and profitable pricing strategies.

- Implement pricing adjustments based on market conditions and business goals.

4. Visual Merchandising:

- Work with the visual merchandising team to create attractive and effective product displays that enhance the overall shopping experience.

- Ensure that merchandise is presented in a visually appealing and organized manner to drive sales.

5. Sales Analysis:

- Analyze sales data, customer feedback, and market trends to identify opportunities for growth and improvement.

- Generate regular reports on sales performance, inventory turnover, and other key performance indicators.

6. Forecasting and Planning:

- Develop sales forecasts and demand plans to guide purchasing decisions and inventory management.

- Collaborate with various departments to align merchandising strategies with overall business goals.

7. Vendor Management:

- Build and maintain strong relationships with vendors and suppliers.

- Evaluate vendor performance, negotiate terms, and address any issues that may arise.

8. Budgeting:

- Collaborate with finance teams to develop and manage the merchandising budget.

- Track and report on budget variances, making adjustments as necessary.

9. Trend Analysis:

- Stay informed about industry trends, consumer preferences, and market changes to make informed decisions about product assortment and merchandising strategies.

10. Team Leadership:

- Lead and supervise a team of merchandising professionals, providing guidance, training, and support.

Requirements:

- A bachelor's degree in business, marketing, or a related field.

- Relevant experience in merchandising, retail, or a related field.

- Strong analytical, negotiation, and communication skills.

- Familiarity with merchandising software and tools.

- Ability to work collaboratively with cross-functional teams.

Designation

Merchandising Manager

Key Skills

Budget ManagementBudgetingForecasting and PlanningMerchandisingMerchandising ManagerPricing StrategySales AnalysisSales PlanningTrend AnalysisVendor CoordinationVendor Management

Industry

FMCG

Functional Area

Training & Assessment

Employment Type

Full Time

Education

Bachelor Degree

Job Type

BudgetBudgetingForecasting

Apply Now

Merchandising Manager

Top Hiring Companies

Job Description

Designation

Key Skills

Industry

Functional Area

Employment Type

Education

Job Type

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