Company Profile:
From its inception, Shoppers' Stop has progressed from being a single brand shop to becoming a Fashion & Lifestyle store for the family. Today, Shoppers' Stop is a household name, known for its superior quality products, services and above all, for providing a complete shopping experience. We have 20 company owned stores scattered across 9 nine cities in India.

Merchandiser
Reports to: Category Manager

Location: Mumbai

Principal Accountabilities:
The most important end-results for which an incumbent would be held responsible at the end of the year.
To work with the buyer -
to develop departmental financial plans which take into account market risks, opportunities and fashion trends to achieve departmental net margin plan.
Stock availability
* To accurately phase sales, stock, margin, markdown and intake plans and projections for the brand by week, taking into account historical performance future trends, prevailing market trends and new store openings, and to structure the buy to deliver the required level of profitability at minimum risk.
* Ensuring that availability is maintained throughout the product's life and that re-buys and cancellations are actioned in a timely manner.
* Maintaining a balanced mix of product at all times, and to effectively execute the agreed exit policy.
* To determine the footage requirement for the department for each grade of stores so that the optimum range can displayed while delivering the planned returns per square foot.
Vendor management and development.
* To conduct the annual review of supplier performance with QA and buying.
* To liase with vendor base and marketing for promotional activities.
* To pursue and recover all monies due from vendors as a result of performance penalties or markdown and promotional contributions.
Development of subordinates -
To ensure that the skills of all direct reports are fully developed through a balance of training and coaching, and to manage individual performance so that full potential can be realised.
Budget -
To manage budgeted department expenditure within agreed levels.
General
* Integration with internal customers (Retail, Store planning, Visual Merchandisers) and external customers (consumer).
* Regularly track Competition's activities and consumer's needs and buying pattern.

Qualifications: MBA (Marketing), NIFT (AMMM), Pearl academy (IFTP), any graduate with fair knowledge of Excel.

Experience: 5-6 years

Industry preference: Textile/ Garment/ Retail / Export Houses