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