Role and Responsibilities:-
Understand and share the available market opportunity for new and existing categories, markets and brands
Understand the trends prevailing in the international market and provide inputs for customizing the same to suit the needs of the domestic market
Drive the sales, margin and inventory for the concept
Initiate buying as per OTB and ensure timely delivery and availability of right stocks at the store
Interact with the brand partners/vendors at regular intervals to meet the product availability norms and build relationships
Address and resolve operational issues within the defined timelines
Understand and share the customer needs and feedback
Manage and guide the team to deliver on the job (for people managers only)
Part II Key Job Responsibilities
Product Strategy and Planning
Understand the trends prevailing in the international market and provide inputs for customizing the same to suit the needs of the domestic market
Understand and share the available market opportunity for new and existing categories, markets and brands
Initiate buying as per OTB
Product Performance and Profitability
Drive the sales, margin and inventory for the concept
Manage timely delivery and availability of right stocks at the store
Ensure stocks are maintained as per display capacity and base stock norms
Review and ensure the availability of the active assortment of brands as per defined norms (only for brands)
Monitor the ageing of stock with reference to the total stock available as per defined norms
Track sales performance of brands/private label and take required actions
Perform gap analysis post launch for new products and new brands and take required actions
Analyze product feedback and implement required actions to address the feedback
Be aware of the profitable and non-profitable brands/private label and implement required actions
Track competition with respect to business performance , promotion productivity