Job details
Bachelor of Business Administration(Management) Nationality Any Nationality Vacancy 1 Vacancy Job Description Job Overview To optimize the sales/brands and thus increasing the turnover in an efficient and cost-effective manner keeping mind with reputation of the brands. 1. Key Responsibilities: Evaluate and review the existing brands with an aim to improve specific sales and profitability. Research market to understand key trends and customer preferences in order to determine local market needs and buying habits in order to drive overall product assortment. Partner closely with store operations to evaluate both existing and new brands and by developing and executing surveys to determine customer brand acceptance levels. Partner closely with marketing in providing or developing marketing material to support brand launches. Initiate the development of healthy relationships with suppliers of various brands to ensure the right selection, availability and acquisition of products in a timely and cost-effective manner. Lead negotiation of delivery and payment terms with the customers. Represent the company on buying trips to various fairs and exhibitions. Ensure that suppliers provide all necessary support material and training in order to ensure the image of the organization is maintained. Have up-to-date knowledge of the inventory and performance of the inventory. Responsible for overall sales targets against achievement. Reallocation of the targets to various sales outlets, following up and monitoring progress. Identify consumer buying patterns and key seasonal trends relevant to the market to forecast demand for the next period. Source, select and purchase appropriate branded merchandise, in a required time frame and in line with the company s retail commercial strategy. Develop and update the buying calendar on a regular basis in line with the overall requirements of the Retail Division. Attend various trade fairs and events as per the defined schedule to select and assemble new collection of products. Meet with suppliers and negotiate the terms of contract with the co-operation of the concerned Manager. Proactively recommend initiatives to continuously improve product ranging. Ensure with the concerned manager the merchandise direction, quantification and forecasting is in line with company financial objectives and budgets (including devising and adhering to range and option plans). Proactively conduct competitor analysis to ensure a competitive advantage. Perform any other duty, within a reasonable professional boundary, as assigned by the line manager from time to time. Assist the manager to Identify new potential areas in order to expand the market share and increase profit. Take part in pricing of products and potential profitability Keep track of what competitors are doing. Keep an eye on the inventory level. Identify Old Stock and find the suitable solutions with the manager to get rid of them (exchange them with new items, liquidation, promotion) Perform any other duty, within a reasonable professional boundary, as assigned by the concerned manager from time to time. 2. Qualifications, Experience and Skills: Academic Qualifications and Certification Bachelor s degree in business, marketing, inventory management or equivalent Experience: 7 -9 years of experience as a brand Manager with a retail commercial Background within a portfolio of luxury WAJ Brands. Company Industry
- Recruitment
- Placement Firm
- Executive Search
- Marketing
- Brand Management
- Marketing Research
- Digital Marketing
- Brand Manager Jewelry
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