Buying the right product at the right time for the right price and sell IT at a competitive price.
Visit competitors shops periodically and watch their display, products, promotions etc.
Help control stock levels by varying delivery schedules or recommending clearance sales.
React to changes in demand and changes in logistics.
Participate in promotional activities.
Write reports and forecast sales levels.
Seek merchandise feedback from customers.
Maintain relationship with existing suppliers and source new and alternative suppliers for future requirements.
Work with suppliers to develop new products and re-launch existing lines.
Coordinate and discuss with Managers/sales staff and ensure products are displayed well, shelves are kept clean/tidy, expired products are removed from shelf.
Discuss with concerned managers about promotions and customer demands.
Presenting new ranges to GM/Managers.
Update and follow municipality regulations that are issued time to time.
Negotiate contracts with suppliers specifying quality, quantity, price and delivery schedules.
Identify old fashion products and discontinue them.
Send requirements for promotion products to CBD well in advance and ensure its availability in the store well before promotion.
Job Requirements
Ensure out of stock & low-stock items are procured and displayed in the shelf without delay.
Check for non-moving / slow moving items and take action to discontinue them.
Check for overstock and return IT to suppliers.
Follow up constantly with suppliers and ensure ordered items are received on time without delay.
Ensure availability of import products as well as local products.
Ensure promotion products are displayed with proper visibility in bulk area/separate area.
Ensure price changes are affected before shop opening.
Introduce new and innovative products.
Utilization of shelf space productively for merchandizing.
