Central Merchandiser - Divine

Malabar Gold & Diamonds; Virginia (MN); On-site; USD 50,000 - 70,000; Full time

Job summary

Malabar Gold & Diamonds in Virginia, Minnesota, seeks a skilled professional to implement the merchandising strategy for Divine Collections, focusing on traditional jewelry based on heritage and culture. Responsibilities include maintaining the product catalogue, designing planograms, and monitoring photo shoots for optimal product selection.

The ideal candidate will manage aged stock, provide inputs on vendor contracts, and leverage analytics for effective stock redistribution.

Qualifications

• Experience in merchandising strategy implementation.
• Strong analytical skills for stock management.
• Understanding of inventory control and customer preferences.

Responsibilities

• Implement merchandising strategy for Divine Collections.
• Maintain product catalogue and design bank.
• Monitor photo shoots for selection of products.
• Manage rotation of aged/dead stock.
• Provide inputs for vendor returns and contracts.

Job description

Job Role

Implement the merchandising strategy for Divine Collections (exclusive collection of traditional jewelry based on heritage, culture, art and craft) in alignment with the overall merchandising and business strategy to achieve growth and profitability of the business.

• Maintain the product catalogue and design bank for Divine collections.
• Design planogram and assortment mix to cater to customer preferences.
• Monitor Divine photo shoots for products so that relevant stakeholders can select the most suited product.
• Gain inputs regarding catchment preferences, peak seasons and campaigns planned through external research.
• Manage the rotation of aged/dead stock to maximize inventory turn.
• Provide inputs regarding the guidelines for vendor returns of Divine collections to help finalize vendor contracts.
• Guide in determining the carrying cost of stocks at discounted price to manage slow moving products.
• Identify stock redistribution among stores through analytics dashboard for effective stock shuffling.
• Identify dead stock to be melted/returned to vendors in order to minimize MGD losses.