Product Manager, Van Heusen
About the role
Designation: Manager
Location: India Karnataka Bangalore -Yemulur location
Organization: Fashion & Retail
Job Description:
Job Purpose
Job Purpose Description
Job Context & Major Challenges
The Fashion formals is the largest category with a high annual growth rate. Hence it is important for the brand to be in-line with the consumer requirements and to price the range correctly to secure good PC to MRP%.
This role faces major challenges as follows:
A good replenishment system for core, regular and high-depth merchandise.
Adequate merchandize availability at the right time and in the right quantity, to fulfil consumer needs which will help achieve better ROI for the organization and franchisee.
Complexity of merchandise requirements of various channels needs to be managed.
Changing distribution matrix and fashion trends.
Addition of new channels and geographies
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
KRA1
Merchandise grid management for all product categories
Conduct trend analysis from the available sales data
Obtain feedback of past performance of offering’s from key channel partners
Running costing sheets to maintain budgeted GP / CBA and provide inputs to finalize MRPs accordingly.
Manage product price and maintain PC to MRP ratio as per the budgets.
Indenting / quantity finalization at SKU level for all product categories
Develop a merchandise grid for the season
Provide the brand brief to Design studio for the season
KRA2
Co-ordinating with various interfaces to ensure production of right merchandise mix as per time schedules
Ensuring planned grids are implemented in production and PPM numbers are achieved.
Ensuring CTM are planned and executed as per requirment.
Ensuring freshness on E-com channels after evert 15 days through SMU’s.
Finalize Goldseal / material requirement plan.
Work closely with retail and other channels and understand their requirements and manage product range to fulfil the same.
KRA3
Inventory Management
Conducting Sell through analysis
Managing leftover raw material, repackaging, re offering and dormancy control
KRA4
Team Management
Set goals and identify skill gaps of the team·
Resolve conflicts, if any among the various interfaces
Coaching and mentoring of team members
Team motivation
Questions about this role
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