Malabar Gold and Diamonds Private Limited

Central Merchandiser & NPI - Diamond

Malabar Gold and Diamonds Private Limited

Mumbai - Maharashtra, India

5-11LPA ₹

Job Description

We at Malabar Gold and Diamonds are looking for Central Merchandiser & NPI - Diamond with 8-10 years of experience in merchandise department and have worked with jewellery industry.

 

Job Description:

 

Implement the merchandising strategy and NPI for Diamond Collections in alignment with the overall merchandising and business strategy to achieve growth and profitability of the business. 

 

Responsibilities:

- Create and seek approval of unique design codes. 

- Interface and coordinate with designers, engineers, planners, and others associated with accomplishing the work.

 - Negotiate with manufacturers and suppliers to meet the company and customer’s expectations. 

- Maintain the product catalogue and design bank for Diamond collections. 

- Facilitate New Product Introduction (NPI) meetings with Merchandising representatives. 

- Design planogram and assortment mix to maintain the appropriate amount and design of stock to cater to customer preferences. 

- Gain inputs regarding catchment preferences, peak seasons and campaigns planned through external research. 

- Manage the rotation of aged/dead stock to maximize inventory turn. 

- Provide inputs regarding the guidelines for vendor returns of Diamond collections to help finalize vendor contracts. 

- Identify stock redistribution among stores through analytics dashboard for effective stock shuffling. 

- Identify dead stock to be melted/returned to vendors in order to minimize MGD losses . 

 

Required Skills: 

- Business communication skills, particularly facilitation, negotiation and presentation skills

 - Strong interpersonal and planning skills

Job Requirements

Experience: 3 years