Job Description: Senior Merchandiser & New Product Development (NPD) –
Jewellery
Position Overview:
This role combines analytical merchandising skills with creative product
development capabilities, collaborating closely with design, production,
sales, and marketing teams to deliver collections that meet market trends,
brand aesthetics, and business objectives.
Key Responsibilities:
1. Merchandise Planning & Analysis
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Develop seasonal merchandise plans based on sales data, category
performance, and market trends.
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Monitor weekly sell-through, stock levels, reorder needs, and assortment
gaps.
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Analyse sales KPIs (AUR, margins, category mix, channel performance) to
optimize product offering.
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Prepare buying budgets and assortment strategies for different channels
(retail, online, wholesale).
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Work with demand planning and supply chain to ensure accurate forecasts
and inventory availability.
2. New Product Development (NPD)
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Lead the full NPD cycle: concept brainstorming, design brief creation,
sampling, cost negotiation, and production approval.
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Collaborate with designers to build commercially relevant and
trend-right jewellery collections.
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Conduct market research on materials, consumer preferences, pricing
strategies, and competitor offerings.
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Manage sample development with vendors, ensuring quality, timely
delivery, and alignment with brand standards.
- Approve final designs, specifications, and BOMs for production.
3. Vendor & Production Coordination
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Maintain strong relationships with manufacturers, artisans, and
suppliers.
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Review cost sheets, negotiate pricing, and ensure target margins are
met.
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Track production timelines and resolve issues related to quality,
materials, or delays.
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Ensure compliance with brand quality standards for metals, stones,
plating, and finishes.
4. Range Building & Launch Management
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Develop seasonal range plans, category structures, and SKU
rationalization.
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Coordinate with marketing for launch strategies, product descriptions,
and visual merchandising.
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Ensure each collection meets commercial targets and supports brand
storytelling.
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Prepare product decks, training materials, and collection overviews for
internal teams.
5. Cross-Functional Collaboration
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Work closely with sales teams to understand customer preferences and
regional needs.
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Partner with e-commerce teams to optimize online assortment, pricing,
and product attributes.
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Support retail teams with merchandising guidelines and product
knowledge.
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Liaise with finance on pricing, margins, and profitability analysis.
Key skills & Knowledge -
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6-8 years of experience in merchandising or NPD, preferably in
jewellery, accessories, or fashion.
- Knowledge of CAD, 3D design, or jewellery prototyping (bonus).
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Background in luxury, fine jewellery, or aspirational lifestyle brands.
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Strong understanding of jewellery materials (metals, gemstones, plating,
findings) and manufacturing processes.
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Analytical mindset with strong Excel skills; ability to interpret sales
data and identify opportunities.
- Creative sensibility with trend awareness and an eye for detail.
- Excellent communication and vendor management skills.
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Ability to manage multiple projects and deadlines in a fast-paced
environment.
Qualifications:
Any Graduate. NIFT passed out preferred.
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