Elevated Product Strategist
1 month ago
We craft more than just jewelry – we create unforgettable experiences. Our customers demand the finest, and our team is dedicated to delivering exceptional quality and service.
Job OverviewThis role involves overseeing the merchandising operations of our luxury goods store. You will be responsible for driving category growth through data-driven strategies and collaborative work with designers, craftsmen, and production teams.
Elevated Responsibilities- Product Sourcing & Vendor Management: Foster strong relationships with suppliers to ensure consistent quality and competitive pricing.
- Category Strategy Development: Develop and implement strategic plans to align with business goals and meet customer demands.
- Inventory Management: Optimize inventory levels to meet production demands without overstocking or shortages.
- Demand Forecasting & Sales Analysis: Use historical sales data and market trends to forecast demand and adjust inventory plans accordingly.
- Pricing & Margin Management: Work closely with the finance team to set pricing strategies that maximize profitability while ensuring competitiveness in the market.
- Collaboration with Design & Production Teams: Liaise with designers and craftsmen to understand material needs and ensure timely availability of required materials for seamless production.
- Trend Analysis & Market Research: Stay up-to-date on industry trends and use this insight to inform buying and planning decisions.
- Quality Control: Ensure that all sourced materials meet the company's strict quality standards.
- Experience: 3-5 years of experience in category management, merchandising, or procurement, preferably within the luxury goods industry.
- Jewellery Knowledge: Strong understanding of diamonds, gems, and other materials used in jewellery production.
- Analytical Skills: Excellent analytical and forecasting skills, with experience in inventory management and sales analysis.
- Negotiation Skills: Proven experience in negotiating with suppliers and managing vendor relationships.
- Team Collaboration: Ability to work closely with designers, craftsmen, and production teams to ensure material availability and alignment with creative vision.
- Attention to Detail: Strong eye for detail, particularly in relation to quality control and trend analysis.
- Education: A degree or diploma in business management, supply chain, or a related field. Knowledge of gemology or jewellery design is a plus.
- Software: Proficiency in inventory management and procurement software; advanced Excel skills.
Browns The Diamond Store offers a competitive salary range of $80,000-$120,000 per annum, depending on experience, as well as opportunities for career growth and professional development.
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