Key Responsibilities:1. Product Development and Sourcing:
- Collaborate with design and production teams to develop new products.
- Source materials and suppliers that meet quality and cost requirements.
- Negotiate favorable terms and pricing with suppliers.
2. Order Management:
- Manage the order lifecycle, from placement to delivery.
- Monitor production schedules to ensure timely product delivery.
- Resolve issues arising during production or delivery processes.
3. Quality Control:
- Ensure all products meet quality standards and specifications.
- Conduct quality checks throughout the production stages.
- Address quality issues promptly and implement corrective measures.
4. Inventory Management:
- Monitor and optimize inventory levels to prevent overstocking or stockouts.
- Coordinate with warehouse teams for effective stock movement and storage.
- Implement control measures to maintain ideal inventory levels.
5. Market Analysis and Reporting:
- Research market trends and customer preferences.
- Analyze sales data to assess product performance and identify improvement opportunities.
- Prepare reports on merchandising activities and KPIs for management.
6. Vendor and Supplier Management:
- Build and maintain strong relationships with vendors and suppliers.
- Monitor vendor performance and resolve any issues promptly.
- Ensure timely and accurate vendor payments.
7. Collaboration and Communication:
- Collaborate across departments, including sales, marketing, and production, to align strategies.
- Present merchandising plans to stakeholders and incorporate their feedback.
- Communicate progress and plans to senior management effectively.
Key Result Areas (KRAs):
Product Development Efficiency:
- Reduce product development cycle time by 15%.
Order Fulfillment:
- Achieve a 95% on-time delivery rate.
Quality Control:
- Maintain a product defect rate of less than 2%.
Inventory Optimization:
- Reduce excess inventory by 20% and maintain stockouts at less than 5%.
Market Responsiveness:
- Ensure 90% alignment of product offerings with market trends.
Key Performance Indicators (KPIs):
Product Development Cycle Time:
- Reduce cycle time by 15%.
On-Time Delivery Rate:
- Maintain a 95% on-time delivery rate.
Product Defect Rate:
- Keep product defects under 2%.
Inventory Turnover Rate:
- Achieve 4 inventory turnovers annually.
Market Alignment Rate:
- Maintain a 90% market alignment rate for new products.
Qualifications and Experience:
- Education: Bachelor's degree in a relevant field (preferred).
- Experience: 3-5 years of experience in the apparel industry.
- Skills:
- Strong negotiation and vendor management skills.
- Proficiency in analyzing sales data and market trends.
- Excellent organizational and communication skills.
- Knowledge of inventory management and quality control practices.
Compensation:
- CTC: ₹45,000 to ₹50,000 per month.
Educational Details: Bachelor degree
State: Gujarat
Postal Code: 380059
Qualifications: Bachelor degree
Created Date: 2025-01-03
End Date: 2026-02-04
Experience: 3 - 5 year
Salary: 50000
Industry:
Openings: 1