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FABINDIA LIMITED is seeking a Category Manager to lead and grow the existing category portfolio. You will strategize product range planning, manage calendars for design and launches, and drive promotions to maximise gross margins.
You will oversee inventory planning, vendor management, and cross-functional collaboration with QA/QC to ensure timely deliveries and quality standards. A strong focus on regional preferences and team development is essential.
(Brief on position’s objective) Manage and grow existing Category business in order to achieve targeted revenues and profits
Strategizing on the Product range planning and buying by identifying existing and new business opportunities
To develop and implement the annual calendar for design, range launches, promotions, stock rationalisation and discount
New product developments, timely approvals & placement of orders to ensure timely deliveries
To drive the pricing, shelving, marketing and promotions of the category's products in order to make them as visible, accessible, and appealing to customers
To ensure the targeted GP for the category is met
To provide support to BH in P & L Management of the category
To customise product mixes for regional preferences
To create and maintain workflows, WIP, Time and Action plan for the category. Process to be reviewed and refined at regular intervals
To provide communication briefs addressing category requirement
Give briefs for category specific call outs at stores where required
To maintain a productive relationship with vendors that is mutually beneficial to the company and artisans.
Deploy orders to DP vendors judiciously and create an approved list of nominated vendors with PHs
Working closely with PH and QC on vendor rating and allocate PH and vendors for future order placements
To develop a competent base of vendors & ensure balanced distribution of work
To identify & grow new vendors to achieve goals of product offer & price
To monitor production tracker of every style in the category and take early calls for opportunity maximization
To ensure support to markets by providing on time delivery as per seasonal requirements & promotion calendar timelines
To pre-empt delay & production failures & to come up with quick firefighting solutions
Responsible for managing inventory at PH and Markets.
Ensure effective planning and forecasting in order to optimise the inventory levels.
Maintain the fine balance between perennial orders & push to optimize sales & manage stocks
Develop effective pricing strategies; Buying and selling at right price to ensure targeted GPs
To work with QA team to influence establishment of quality standards for the products
To take timely and effective commercial decisions
To ensure that periodic reports related to category performance / Dashboards are made available as per the timeline and handle any query that may arise
Regularly interacting and visiting the stores to gather first hand customer response to the merchandise offering - style, quality, display & pricing.
Observe customer's purchase behaviour and commission researches to understand future product development / styling needs and pricing decisions
Interact directly with store teams to handle queries and objections, training store teams on Product
To interact with MRHs on specifics to help them achieve their target, faster growth
To present range to markets for categories future buys
To hire deploy and manage team to enhance team productivity
To provide support, motivation and encouragement to colleagues and team members & explore job rotations and career planning
To handle conflicts, team member's non performance through mentoring and coaching
To identify training needs for the team and ensure they are addressed
Delegate & empower team for enhanced performance without abdicating responsibility
To work collectively and in collaborating manner across departments for enhanced productivity
Identifying, selecting, and purchasing merchandise that aligns with the organizations brand and vision
Analysing sales data, identifying bestsellers, product gaps and optimising product assortments to maximise profit margins
Staying updated on current trends, mapping competition activity and consumer behaviour to make informed purchasing decisions
Excellent communication skills with strong negotiation skills to interact with suppliers, internal teams, and stake holders
Ability to address inventory issues, supplier & internal challenges
Ability to manage multiple tasks, prioritize deadlines, and stay organized
Business Management
Product Knowledge
Sourcing and Vendor Management
Retail Operations
Marketing & Communications
Consumer Research
Crafts and textiles
Understanding of Fabindia
Focus on Results
Analytical Skills
Planning and Organizing
Ability to Train and Lead
Interpersonal Skills
Innovation and openness to learning
Teamwork