Job Description
Position Overview: We are currently seeking a talented and experienced Jewellery Merchandiser to join our team and contribute to our continued success. They will play a critical role in driving the success of our jewellery business through strategic product merchandising and management. They will be responsible for overseeing various aspects of the merchandising process, from market research and product development to sales analysis and customer relationship management. Key Responsibilities: 1) Market Research: Conduct market research and analysis to identify trends, customer preferences, and competitive landscape in the jewellery industry. Stay abreast of market developments and consumer behaviour to inform merchandising strategies. 2) Product Development: Collaborate with design and production teams to develop new jewellery designs and collections that align with market trends and customer preferences. Oversee the product development process from concept to launch, ensuring quality and consistency. 3) Merchandising Strategy: Develop merchandising strategies to optimize product assortment, pricing, and placement to maximize sales and profitability. Implement promotional and marketing initiatives to drive product visibility and sales. 4) Inventory Management: Manage inventory levels and assortment to ensure adequate stock availability and minimize excess inventory. Monitor inventory turnover and aging to identify slow-moving items and implement clearance strategies. 5) Supplier Management: Source and negotiate with suppliers and vendors to secure high-quality materials and components for jewellery production. Establish and maintain strong relationships with suppliers to ensure timely delivery and competitive pricing. 6) Quality Control: Implement quality control processes to maintain high standards of product quality and craftsmanship. Conduct inspections and audits of finished goods to ensure compliance with quality specifications. 7) Sales Analysis and Reporting: Analyse sales data and performance metrics to evaluate product performance and identify opportunities for growth. Prepare sales reports and presentations to communicate insights and recommendations to management. 8) Collaboration with Cross-functional Teams: Work closely with cross-functional teams, including design, production, marketing, and sales, to align merchandising strategies with overall business objectives. Coordinate product launches, promotions, and marketing campaigns with relevant stakeholders. 9) Customer Relationship Management: Build and maintain strong relationships with customers through effective communication and personalized service. Gather feedback and insights from customers to inform product development and merchandising decisions. 10) Compliance and Regulatory Compliance: Ensure compliance with regulatory requirements, industry standards, and ethical practices in all aspects of merchandising and product development. Stay informed about industry regulations and standards related to jewellery manufacturing and retail. Requirements Qualifications: · Certification in Gemology or Jewellery Design is a plus. · Proven experience in jewellery merchandising or product management. · Strong understanding of jewellery design, materials, and manufacturing processes. · Excellent analytical skills with the ability to interpret sales data and market trends. · Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams and build relationships with customers and suppliers. · Detail-oriented with a passion for creativity and innovation in jewellery merchandising.