P N RAO Suits
Website:
pnrao.com
Job details:
Job Description
Role: Category Management Executive
Department: Buying & Merchandising
Location: Bengaluru
Experience: 3+ Years
Role Overview
We are looking for a Category Executive – Ready to Wear to manage the Ready-to-Wear Brands & Accessories category and work closely with the Category Manager to achieve sales and profitability objectives.
Initially, the role will focus on Jackets, Long Suits, Shoes and Ethnic Accessories, with additional product categories being added over time. The role will cover the complete category cycle from OTB (Open-to-Buy) planning and buying to sales, inventory management, customer feedback and seasonal analysis.
Key Responsibilities:
Analysis & Planning
- Conduct sell-through analysis by product and store and recommend corrective actions.
- Analyze seasonal performance to identify products for carry-forward, markdown or liquidation.
- Monitor store stock levels, base stock and inventory performance, including fast/slow-moving items and carrying costs.
- Monitor MIS and highlight variances between actual stock and minimum stock requirements.
- Plan stock requirements for promotions and support sales targets and performance tracking.
- Identify liquidation opportunities while ensuring inventory does not accumulate before the next season.
Buying & Merchandising
- Develop product ranges and advise on product presentation and appropriate price points.
- Prepare buying plans and provide Open-to-Buy (OTB) recommendations to the Senior/Category Manager.
- Source products and vendors, negotiate prices and ensure orders are placed at the right time to achieve targeted margins.
- Follow up on orders and ensure timely deliveries.
- Conduct quality checks and ensure adherence to defined quality standards.
- Manage stock replenishment based on sales and inventory requirements.
- Provide customer and market feedback to Design & Product teams for future season development.
Additional Responsibilities:
- Follow up on online orders, merchandise sourcing and invoicing.
- Support BTB (Back-to-Business) requirements as and when required.
- Work closely with the Category Manager and cross-functional teams to achieve category sales and business objectives.
Click on Apply to know more.